DGAP-News: GORE German Office Real Estate AG: GORE German Office Real Estate AG successfully sells office property in TelgteEQS
Im Artikel erwähnte Wertpapiere: GORE German Office Real Estate AG
DGAP-News: GORE German Office Real Estate AG
/ Key word(s): Real Estate/Disposal
GORE German Office Real Estate AG successfully sells office property in Telgte
As part of GORE's transaction-based approach, the company's business model includes not only acquisitions to expand its real estate portfolio but also the sale of properties to realise upmarket values. The office building in Telgte that has now been sold was built in 2007 and has a rental area of 3083 square metres. The property also features 140 car parking spaces. The weighted average lease term (WALT) of the property amounts to around 13 years. The three-storey single-tenant office property is fully let and serves as a part of Takko Holding GmbH's headquarters.
Jörg Reinhardt, CEO of GORE: "We are very pleased with the successful sale of the office property in Telgte, as it is proof of the choice of location and the quality of the property. In accordance with our strategy, we have thus taken advantage of an emerging market opportunity. Notwithstanding this sale, GORE's focus is on further expanding its real estate portfolio. We want to continue to grow successfully and profitably and are building on our full pipeline.
Financial Press and Investor Relations:edicto GmbH
16.01.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||GORE German Office Real Estate AG|
|Bockenheimer Landstraße 17-19|
|60325 Frankfurt am Main|
|Phone:||069 / 2714 74 038|
|Listed:||Regulated Unofficial Market in Munich (m:access)|
|EQS News ID:||954753|
|End of News||DGAP News Service|