PRESSE & MEDIEN
GxP German Properties: Closing of two office assets in Frankfurt and Hamm
Frankfurt, October 13, 2017 – GxP German Properties (ISIN: DE000A2E4L00, WKN: A2E4L0) has closed the acquisitions of the two office assets in Frankfurt and Hamm with a combined market value of € 29.8 million and a total lettable area of approx. 17,200 square meters.
The current total market value of its real estate portfolio stands at approx. € 164 million thereof € 146 million currently on the balance sheet.
The transfer of ownership of the recently acquired asset in Berlin-Teltow with a market value of € 18.2 mil-lion and a total lettable area of approx. 10,000 square meters is on track to close as planned within the fourth quarter.
Axel Mühlhaus / Patrick Wang
Eschersheimer Landstr. 42-44
Tel.: +49 (0) 69/ 905505-52
Fax: +49 (0) 69/ 905505-77