DGAP-News: PREOS Real Estate AG
/ Key word(s): Miscellaneous
PREOS Real Estate AG: Long-term international investor participates in PREOS with lock-up of 12 months Leipzig, 09 July 2020 - PREOS Real Estate AG ("PREOS", ISIN DE000A2LQ850) announces the expansion of its investor base. An international investor acquired a total of 3,846,153 PREOS shares from the holdings of PREOS' major shareholder publity AG and at the same time committed itself to a lock-up period of 12 months. Furthermore, the investor has signalled that it intends to support the further strategic course of PREOS with its focus on first-class office properties in top locations in major cities. The new investor thus holds approx. 5.4 percent of PREOS, the stake held by publity now amounts to approx. 86.5 percent and the free float to approx. 13.5 percent. Frederik Mehlitz, CEO of PREOS Real Estate AG comments: "We are delighted about the entry of the new strategic investor, who wants to accompany our growth course, which is focused on high-priced premium office properties, in the long term. Having publity as asset manager at our side, we are in an excellent position."
Investor & Public Relations
09.07.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | PREOS Real Estate AG |
Landsteinerstraße 6 | |
04103 Leipzig | |
Germany | |
Phone: | 0341 261787790 |
E-mail: | |
Internet: | |
ISIN: | DE000A2LQ850 |
WKN: | A2LQ85 |
Listed: | Regulated Unofficial Market in Frankfurt, Munich |
EQS News ID: | 1090041 |
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1090041Â Â 09.07.2020Â