PAG Preos Real Estate AG

DGAP-News: PREOS Global Office Real Estate & Technology AG: Leasing success in Centurion Tower Frankfurt

DGAP-News: PREOS Global Office Real Estate & Technology AG / Key word(s): Real Estate
PREOS Global Office Real Estate & Technology AG: Leasing success in Centurion Tower Frankfurt

16.12.2020 / 11:00
The issuer is solely responsible for the content of this announcement.


Press Release

PREOS Global Office Real Estate & Technology AG: Leasing success in Centurion Tower Frankfurt

Leipzig, 16.12.2020 - PREOS Global Office Real Estate & Technology AG ("PREOS", ISIN DE000A2LQ850) has achieved a leasing success with its portfolio property, the Centurion Tower in Frankfurt. The office space provider Agendis Business Center has extended its existing tenancy agreement by 10 years for a used area of just under 2,000 square metres.

The Centurion Tower in Theodor-Heuss-Alles in Frankfurt's City-West has been in the PREOS portfolio since the end of 2019 and is managed as asset manager by the PREOS majority shareholder, publity AG.

The property is more than 95% let - in addition to Agendi's business centre, there are five other established tenants in the 17-storey high-rise, including an internationally renowned financial institution.

Press Contact:
Financial Press and Investor Relations:
edicto GmbH
Axel Mühlhaus
Phone: 2
Mail:

About PREOS Global Office Real Estate & Technology AG

PREOS Real Estate & Technology AG ("PREOS") is an active real estate investor focused on office properties. PREOS acts as an efficient management holding company. The acquisition focuses on office properties with development potential in German metropolitan regions. Value creation is generated by targeted asset management measures. Developed portfolio properties are sold in the event of adequate sales opportunities. The corporate strategy is to significantly expand the real estate portfolio through acquisitions in the coming years. The PREOS share (ISIN DE000A2LQ850) is listed in the over-the-counter segment m:access of the Munich Stock Exchange (PAG.MU) and on Xetra (PAG.DE). The company headquarters of PREOS is located in Leipzig.



16.12.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: PREOS Global Office Real Estate & Technology AG
Reichsstraße 2
04109 Leipzig
Germany
Phone: 0341 261787790
E-mail:
Internet:
ISIN: DE000A2LQ850
WKN: A2LQ85
Listed: Regulated Unofficial Market in Frankfurt, Munich
EQS News ID: 1155596

 
End of News DGAP News Service

1155596  16.12.2020 

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