Publity : acquires property in prominent spa town Bad Homburg v. D. Höhe

The modern 4-storey object sits on a 10,000 sqm plot. The modern glass façade and the impressive exterior with its striking lawn surface offering instantly recognizable individuality. Two notables among the 28 tenants are The Federal Agency for Employment and Peiker Holding GmbH & Co. KG 28. All tenants able to take advantage of the 304 underground parking spaces. The location being ideal with the distance to the airport being only 24km.

Bad Homburg v. D. Höhe is the main town of Hochtaunuskreis. Bad Homburg has been a health spa since 1912 and has been designated as a center in the Hessian Land Development Plan. Bad Homburg has almost 53,000 inhabitants and is located in the metropolitan area of Rhein-Main and borders directly with Frankfurt am Main. Bad Homburg is known for its casino, the 'mother of Monte-Carlo', and for its very up-market residential villa area. The spa town is the preferred residential area for better earning Frankfurt commuters. Proof of this being the far above-average purchasing power index. At the same time, Homburg is home to a number of companies whose workforce consists of more foreigners than locals. The city houses the Federal Office of Compensation offering Federal Office for central services and open assets.

'Sustainable location prospects, regional purchasing power, quality of buildings, tenant mix and location all contribute to a long-term perspective of the investment. As a high-quality residential location for Frankfurt commuters and with its own strong economic power, Bad Homburg is benefiting from European developments and helping to strengthen the Frankfurt financial center. With good reason, the Frankfurt area vehicle registration 'HG' standing for 'habe Geld' (have money) says Thomas Olek, CEO of publity AG.