DGAP-News: PATRIZIA Immobilien AG: PATRIZIA signs binding agreement to acquire office property portf

DGAP-News: PATRIZIA Immobilien AG: PATRIZIA signs binding agreement to acquire office property portfolio

ID: 299313

(firmenpresse) - DGAP-News: PATRIZIA Immobilien AG / Key word(s): Letter of Intent/Real
Estate
PATRIZIA Immobilien AG: PATRIZIA signs binding agreement to acquire
office property portfolio

23.09.2013 / 22:32

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PATRIZIA Immobilien AG: PATRIZIA signs binding agreement to acquire office
property portfolio

Augsburg, 23 September 2013. PATRIZIA Immobilien AG (ISIN DE000PAT1AG3) has
concluded a binding agreement to acquire a portfolio of 36 office
properties with approx. 450,000 sqm rentable space. The seller is a
subsidiary of CA Immobilien Anlagen AG. All office properties are located
in and leased to the German federal state of Hesse on a very long-term
basis. The fair value of the properties amounts to approx. EUR 0.8 billion.
The terms of a sales/purchase agreement have been agreed between the
parties. Closing of the transaction is envisaged before year end 2013.
PATRIZIA acts on behalf of a consortium of institutional investors all
based in German speaking countries investing through a special real estate
fund.

The Managing Board

Augsburg, 23 September 2013

PATRIZIA Immobilien AG
PATRIZIA Bürohaus
Fuggerstrasse 26
86150 Augsburg
Germany

Listing: Frankfurt Official Market (Prime Standard)
ISIN: DE000PAT1AG3
SIN: PAT1AG

Contact

Investor Relations Press
Margit Miller Andreas Menke
P: +49 151 16150285 P: +49 821 50910-655
presse(at)patrizia.ag
Verena Schopp de Alvarenga
P: +49 151 65279782
investor.relations(at)patrizia.ag


End of Corporate News

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23.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: PATRIZIA Immobilien AG
Fuggerstraße 26
86150 Augsburg
Germany
Phone: +49 (0)821 - 509 10-000
Fax: +49 (0)821 - 509 10-999
E-mail: investor.relations(at)patrizia.ag
Internet: www.patrizia.ag
ISIN: DE000PAT1AG3
WKN: PAT1AG
Indices: SDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,
München, Stuttgart


End of News DGAP News-Service
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231510 23.09.2013


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Bereitgestellt von Benutzer: EquityStory
Datum: 23.09.2013 - 22:32 Uhr
Sprache: Deutsch
News-ID 299313
Anzahl Zeichen: 3930

contact information:

Kategorie:

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