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on Publity AG (isin : DE0006972508)

Publity AG Completes Sale of Access Tower in Frankfurt

On April 18, 2024, publity AG announced the successful sale of the Access Tower, an office property situated in the Frankfurt-Niederrad area. The 21-storey building encompasses nearly 21,000 square meters of rental space and boasts key tenants such as BARMER health insurance and the Fitseveneleven fitness studio. Despite the completion of this transaction, details regarding the buyer and the financial terms remain undisclosed.

The Access Tower is noted for its sustainable features, holding both WIRED-SCORE Silver and Shore Gold certifications, indicative of its adherence to high safety and sustainability standards. Positioned conveniently near major transport hubs like the Frankfurter Kreuz and the Rhine/Main airport, the property represents a valuable asset in the commercial real estate market.

Frank Schneider, CEO of publity, highlighted the continued demand for modern and high-quality office spaces, as evidenced by the sale of the Access Tower. This transaction underlines the health of the real estate market and the specific desirability of well-positioned and well-equipped office properties.

R. P.

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