DGAP-News: Prime Office REIT-AG earns sustainability certificates for three additional portfolio properties
(firmenpresse) - DGAP-News: Prime Office REIT-AG / Key word(s): Sustainability/Real
Estate
Prime Office REIT-AG earns sustainability certificates for three
additional portfolio properties
14.03.2013 / 07:30
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Execution of green building strategy
Prime Office earns sustainability certificates for three additional
portfolio properties
- The T-Systems building in Darmstadt, the property in the Gruga-Park in
Essen and the 'emporia' in Stuttgart-Moehringen have been awarded
'BREEAM DE In-Use' certificates
- 'Very good' structural quality, 'good' operational performance
- Rental space certified under sustainability criteria increases to about
70 per cent of the total Prime Office portfolio
Munich 14 March 2013. Prime Office REIT-AG ('Prime Office'), a leading
listed property company with REIT status focusing on high-quality office
properties in Germany including their operation and management, applied for
and obtained certifications for another three of its portfolio properties
under the 'BREEAM DE in use' standard for sustainable portfolio properties.
Certification was awarded to the following office buildings: the T-Systems
building in Darmstadt, the head office of the Hochtief subsidiary in the
Gruga-Park in Essen and the 'emporia' in Stuttgart-Moehringen.
The results of the certification process again testify to the high property
qualities within the real estate holdings of Prime Office. The T-Systems
building, the head office of the Hochtief subsidiaries in the Alfredstrasse
in Essen and the 'emporia' in Stuttgart-Moehringen were awarded four out of
six stars for their structural quality which was considered 'very good'.
All three properties were also given three out of stars for building
operation which translates into a 'good' ranking.
Together with the 'T-Online headquarters' in Darmstadt, the 'Xcite' in
Düsseldorf, the 'SZ-Tower' in Munich and the German head office of
Medtronic in Dusseldorf/Meerbusch, all of which already hold certificates,
Prime Office has by now obtained sustainability appraisals under globally
recognised certification systems for seven buildings which, together,
account for approximately 70 per cent of the portfolio's rental space. This
makes Prime Office a leading player in this field in Germany.
'By obtaining certification for three additional properties in our
portfolio, we again highlight the emphasis we place on sustainability and
'green building'. Furthermore, the results of the certification process
clearly testify to the strong quality of our real estate holdings,' says
Claus Hermuth, the CEO of Prime Office REIT-AG.
Sustainability certifications in the portfolio of Prime Office REIT-AG:
Property Location Rental Tenant Certif- Year of RankingContact details
space ying certifi-
(sqm) author- cation
ity
'T- Darmsta 24,686 Deutsche Telekom BREEAM 2013 Building:
Systems' dt AG DE Very good
Operation
: Good
'Alfreds- Essen 30,314 HOCHTIEF AG BREEAM 2013 Building:
trasse' DE Very good
Operation
: Good
'emporia' Stuttga 24,906 Cenit AG, BREEAM 2013 Building:
rt- HOCHTIEF DE Very good
Moehrin Solutions AG Operation
gen : Good
'T-Online Darmsta 72,528 Deutsche Telekom BREEAM 2012 Buildg:
Headquar- dt AG DE Outstandi
ters' ng
Operation
: Good
'Xcite' Dusseld 35,819 Vodafone D2 GmbH BREEAM 2012 Building:
orf DE Very good
Operation
: Good
'SZ-Tower' Munich 62,237 Sueddeutscher LEED 2010 Gold
Verlag
'Medtron- Dusseld 8,038 Medtronic GmbH DGNB 2009 Silver
ic orf/
Headquar- Meerbus
ters' ch
Prime Office REIT-AG
Richard Berg
Director Investor Relations / Corporate Communications
Hopfenstrasse 4
80335 Munich
Telephone +49. 89. 710 40 90 40
Facsimile +49. 89. 710 40 90 99
Email richard.berg(at)prime-office.de
About Prime Office REIT-AG
Prime Office REIT-AG (Symbol: PMO, ISIN DE000PRME012) with headquarters in
Munich is a leading property firm focusing on investments in high quality
office buildings in Germany as well as their facility and property
management. The company's portfolio consists of 13 office properties in
central locations across major cities and conurbations in Western Germany
with a total useable area of approximately 368,000 square metres. According
to a valuation performed by the property surveyor CB Richard Ellis, the 13
properties had a total market value of approximately 917.5 million euro as
at 30 June 2012. The property portfolio of Prime Office consists
exclusively of individual buildings in special locations. All holdings are
select modern office properties with an attractive architecture and quality
fit-out. The portfolio is broadly diversified across locations and tenants.
The properties are rented long-term to high credit-quality tenants. Prime
Office REIT-AG intends to generate stable long-term rental income using a
return-oriented approach to managing the existing portfolio based on broad
property, location and tenant diversification. Rental income is also
expected to grow consistently through the addition of suitable individual
properties. The company plans to become a leading specialised REIT for
prime office properties in Germany.
Additional information on Prime Office REIT-AG is available in the Internet
on:
www.prime-office.de
About BREEAM
BREEAM stands for Building Research Establishment Environmental Assessments
Method for buildings. The 'Environmental Assessment Method (EAM)' for
buildings was originally developed under the name of BREEAM by Building
Research Establishment (BRE), a UK research institution. BRE has certified
over 100,000 buildings and operates in 15 countries outside the UK. This
makes BREEAM the leading and most widely used certification method for
buildings. BREEAM is a useful tool for investors, portfolio managers,
developers, architects and other market participants. The 'BREEAM DE
In-Use' certificate was explicitly developed for existing properties to
evaluate buildings not only during the actual construction or modernisation
process but also during operation.
End of Corporate News
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Language: English
Company: Prime Office REIT-AG
Hopfenstraße 4
80335 München
Germany
Phone: +49 (0)89 7104090 40
Fax: +49 (0)89 7104090 99
E-mail: richard.berg(at)prime-office.ag
Internet: www.prime-office.ag
ISIN: DE000PRME012
WKN: PRME01
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard), München,
Stuttgart; Freiverkehr in Berlin, Düsseldorf
End of News DGAP News-Service
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203844 14.03.2013
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