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Summit Germany Limited ('Summit Germany' or the 'Company')

Acquisition of the remaining part of a property complex in Stuttgart


Further to the announcements made on 3 June 2015 and 11 August 2015, Summit Germany, the AIM-listed German commercial property investment company, is pleased to announce that, with an asset acquisition of €5 million, it has now completed the acquisition of the entire property complex in Stuttgart from CMC Capital.


The Stuttgart property complex is built over land of ca. 135,000 sqm and has a lettable area of ca. 63,000 sqm. The annual net rent totals ca. €4.5 million p.a. with an expected NOI of €4.1 million.


Summit Germany Limited

Zohar Levy - Managing Director

Harry Hyman - Non-Executive Chairman Tel: +44 (0)20 7451 7050 Itay Braun - Finance Director


Carey Group, Company Secretary Tel: +44 (0)1481 700 300 Sara Bourne


Cenkos Securities, Nominated Adviser Tel: +44 (0)20 7397 8900 and Joint Broker

Ivonne Cantu (Nomad)

Russell Kerr / Selwyn Jones (Broking)


Liberum Capital Limited, Joint Broker Tel: +44 (0) 20 3100 2222 Chris Clarke / Jill Li


Broker Profile Tel: +44(0) 20 3763 3400

Simon Courtenay / Harry Rippon

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