DGAP-Adhoc: GxP German Properties AG: Conclusion of a property purchase agreement
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DGAP-Ad-hoc: GxP German Properties AG / Key word(s): Real Estate/Acquisition
GxP German Properties AG: Conclusion of a property purchase agreement
23-Dec-2019 / 16:37 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
A subsidiary of GxP German Properties AG today concluded a contract for the purchase of an office property in Hanover. The property is the neighbouring plot of land of a property already owned by the GxP Group. The purchase will allow the existing property portfolio to be further optimized. The property has a rentable area of around 4,700 sqm and is fully let. The agreed purchase price amounts to a mid single-digit million euro amount. The transaction is expected to be completed by the end of the first quarter of 2020.
23-Dec-2019 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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| Language: |
English |
| Company: |
GxP German Properties AG |
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Oudenarder Str. 16 |
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13347 Berlin |
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Germany |
| Phone: |
+49 (0) 30 263 91 44 0 |
| Fax: |
+49 (0)30 263 91 44 99 |
| E-mail: |
[email protected] |
| Internet: |
http://gxpag.com/ |
| ISIN: |
DE000A2E4L00 |
| WKN: |
A2E4L0 |
| Listed: |
Regulated Unofficial Market in Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart |
| EQS News ID: |
942845 |
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| End of Announcement |
DGAP News Service |
942845 23-Dec-2019 CET/CEST
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GxP German Properties AG DE000A2E4L00