Publity : shows rental success in the office building 'K-LAN' in Dusseldorf

Leipzig / Dusseldorf, 05 October 2017 - publity AG (Scale, ISIN DE0006972508) achieved a rental success for the approx. 16,650 square meter "K-LAN" property in Dusseldorf. The real estate service provider and property manager GCM Gebäude- und Centermanagement GmbH, who are responsible for the property, have agreed a lease beginning 01.01.2018. Although GCM rents only about 400 square meters in the almost fully let asset, it means they are on-site for existing long-term tenants.

As integral provider, especially for commercial real estate management, they have been a publity AG partner for many years, having responsibility as property manager for several properties of the portfolio. The "K-LAN" office project will become the new headquarters of GCM.

"Close cooperation with the partners is a characteristic of publity AG. The fact that a long-term partner and service provider wishes to move into a publity property shows trust and confidence in our company, "says Thomas Olek, CEO of publity AG.

Press Contact:
Finanzpresse und Investor Relations:
edicto GmbH
Axel Mühlhaus/ Peggy Kropmanns
Telefon: +49 69 905505-52
E-Mail: publity@edicto.de

About publity

publity AG is an asset manager specialised in German office real estate. The company covers a broad value chain from acquisition to development through to the sale of real estate and has a track record of several hundred successful transactions. publity is characterised by a strong network in the real estate sector as well as by the work out departments of financial institutions, has very good access to investment resources and conducts transactions quickly with a highly efficient process with proven partners. As a co-investor, publity is, to a limited extent, involved in joint venture transactions. The shares of publity AG (ISIN DE0006972508) are traded on the exchange segment Scale of the German stock exchange.