Leipzig / Bad Homburg, Nov 7, 2017 - The closed public-sector AIF publity Performance Fund Nr. 6 has sold a modern office property in Bad Homburg (Frankurt am Main area) after a 20 month holding period. The property, offering roughly 7,300 square and on a long term lease to its main tenant Deutsche Bahn AG, was the 557th property of the pubity AG portfolio. The prestigious property was completely renovated in 2014/15 and brought up to the latest technical standards. The property is located in the southern part of Bad Homburg, offering excellent access to the Frankfurt am Main area. "In recent years we have taken advantage of numerous real estate investment opportunities in Bad Homburg for our investors. After a short holding period and intensive management, this is the ideal time to realise sales profits for our investors. The location benefits in particular from the rising prices of comparable office properties in Frankfurt, " summarizes Thomas Olek, CEO of publity AG. The law firm CMS Hasche Sigle was responsible for the comprehensive legal supervision of the transaction. Press Contact: About publity End of Media Release Issuer: publity AG Key word(s): Real estate
07.11.2017 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | publity AG |
Landsteinerstr. 6 | |
04103 Leipzig | |
Germany | |
Phone: | 0341 26178710 |
Fax: | 0341 2617832 |
E-mail: | info@publity.de |
Internet: | www.publity.de |
ISIN: | DE0006972508 |
WKN: | 697250 |
Listed: | Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Scale) in Frankfurt |
End of News | DGAP Media |
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