Report

publity - Focusing on its portfolio

In FY19, publity focused on expanding beyond its pure-play asset management profile through direct office real estate investment activities. This was driven by property acquisitions executed by publity investor, as well as obtaining a controlling stake in PREOS. As a result, the company moved to a more asset-heavy business model fuelled by debt financing. The company expects to continue the expansion, and considers the economic slowdown related to the coronavirus outbreak as an opportunity for acquisitions, with additional liquidity secured by the corporate bond issue planned for June 2020.
Underlying
Publity AG

Publity AG is a Germany-based real estate investment company with focus on commercial and office properties in German metropolitan areas, such as Frankfurt am Main, Cologne, Hamburg, Leipzig, Essen and Munich. The Company offers closes real estate funds, such as publity Performance Fonds Nr. 6, publity Performance Fonds Nr. 7, publity Performance Fonds Nr. 8.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Martyn King

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