Publity AG successfully sells office property in Mühlheim/Ruhr

DGAP-News: publity AG

/ Key word(s): Real Estate/Disposal

publity AG successfully sells office property in Mühlheim/Ruhr

21.06.2022 / 09:58
The issuer is solely responsible for the content of this announcement.

publity AG successfully sells office property in Mühlheim/Ruhr

Frankfurt/Main, 21 June 2022- publity AG (“publity”, Scale, ISIN DE0006972508) has successfully sold an office property in Mühlheim/Ruhr with a floor space of approximately 12,600 square metres. The property includes 246 underground and 51 outdoor parking spaces. The property, built in 1997, is located in a commercial area in Mühlheim/Ruhr and offers a good infrastructure with connections to public transportation and the A52 motorway. The parties have agreed not to disclose the purchase price or the buyer.

Frank Schneider, COO of the publity AG: “The successful sale of the property in Mühlheim/Ruhr once again illustrates the attractiveness of our real estate portfolio. The property impresses with good facilities and infrastructure with direct proximity to the regional airport Essen/Mühlheim and only a few minutes to the international airport Düsseldorf.”

Press Contact:

Financial Press and Investor Relations: edicto GmbH Axel Mühlhaus/ Svenja Liebig Phone: +49 69 905505-56

About publity

publity AG (“publity”) is an asset manager and investor specialised in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and the sale of real estate. With over 1,100 transactions in the past seven years, publity is one of the most active players in the real estate market. publity is characterized by a sustainable network in the real estate industry and in the Work-Out departments of financial institutions. With very good access to investment funds, publity handles transactions rapidly with a highly efficient process and proven partners. On a case-by-case basis, publity participates as co-investor in joint venture transactions to a limited extent. The shares of publity AG (ISIN DE0006972508) are traded on the Scale segment of Deutsche Börse.

21.06.2022 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: publity AG
Opernturm, Bockenheimer Landstraße 2-4
60306 Frankfurt am Main
Phone: 0341 26178710
Fax: 0341 2617832
ISIN: DE0006972508, DE000A169GM5
WKN: 697250, A169GM
Indices: Scale 30
Listed: Regulated Unofficial Market in Dusseldorf, Frankfurt (Scale), Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1379977

End of News DGAP News Service

1379977  21.06.2022 


© EQS 2022

All news about PUBLITY AG

Sales 2019 20,3 M
21,4 M
21,4 M
Net income 2019 58,8 M
61,9 M
61,9 M
Net Debt 2019 477 M
502 M
502 M
P/E ratio 2019 7,53x
Yield 2019
Capitalization 353 M
371 M
371 M
EV / Sales 2018 6,03x
EV / Sales 2019 49,8x
Nbr of Employees 19
Free-Float 100%

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