POLIS Immobilien acquires office and retail building with approx. 11,000 square metres
of lettable space in Berlin
- Investment volume to grow by approx. 10 percent
- Operating figures set to increase further in the course of the fiscal year
In view of its good capitalisation, POLIS is interested in acquiring further office properties in good locations of German "A" and "B"-rated cities and is currently reviewing specific investment opportunities.
POLIS Immobilien AG, which was founded in Berlin in 1998, is a listed real estate company that buys, refurbishes/revitalises, and manages office properties for its own portfolio. The company focuses on one market segment: office properties in inner-city locations at the most important German office centres. The company acquires properties that are either already renovated and are completely let, thereby generating stable cash flow, or properties that are vacant or require modernisation, and which offer specific value appreciation potential. This potential may be realised by corresponding modernisation measures or full revitalisation. As of June 30 2013, POLIS Immobilien's real estate portfolio comprised a total of 26 properties with a market value of around EUR 290 million. POLIS Immobilien shares are listed on the regulated market (Prime Standard, ISIN: DE0006913304) of the Frankfurt Securities Exchange. Further information can be found at www.polis.de.
Investor Relations: Press contact:Page 1/2
Dr. Alan Cadmus POLIS Immobilien AG Tel: +49 30 225 00-250
E-mail: ir@polis.de
URL: www.polis.de
Britta Cirkel
HOSCHKE & CONSORTEN Public Relations GmbH Tel: +49 40 36 90 50- 56
E-mail: b.cirkel@hoschke.de
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