publity AG

  • WKN: 697250
  • ISIN: DE0006972508
  • Land: Deutschland

Nachricht vom 01.08.2019 | 15:11

publity AG: publity plans with the Luxembourg investor Greenfinch Capital Management real estate fund with a volume of 1 billion euros under the umbrella of the CSSF regulated Greenfinch Global Invest Fund S.C.A. SICAV-FIS

DGAP-News: publity AG / Key word(s): Real Estate/Alliance

01.08.2019 / 15:11
The issuer is solely responsible for the content of this announcement.


Press Release

publity plans with the Luxembourg investor Greenfinch Capital Management real estate fund with a volume of 1 billion euros under the umbrella of the CSSF regulated Greenfinch Global Invest Fund S.C.A. SICAV-FIS

- Letter of Intent (LOI) signed

- Joint real estate fund under Luxembourg law to be launched in Q4 2019

- Greenfinch Capital Management to manage new fund, publity to take on Asset Management

- Further joint funds planned

- Major investor Greenfinch Capital Management intends to acquire a strategic stake of 3.0 % in publity

- Major shareholder of publity AG also plans stake in Greenfinch Capital Management S.A. in order to strengthen partnership

Frankfurt 01/08/2019 - publity AG (Scale, ISIN DE0006972508) is planning a joint real estate fund with the Luxembourg real estate investor and fund provider Greenfinch Capital Management S.A. ("Greenfinch") with a volume of 1 billion euros for investments in German office properties. This subfund will be launched under the umbrella of the existing Greenfinch Global Invest Fund S.C.A. SICAV-FIS ("Greenfinch Fund") in the fourth quarter of 2019 under Luxembourg law. A Letter of Intent (LOI) has now been signed by the future partners. Further joint real estate subfunds are to follow in the future. In addition, following an approach by the Managing Director of Greenfinch, a major investor of the Greenfinch fund has invested 3.0 percent of publity's shares as a strategic investor. The shares required for this were provided by publity's major shareholder. The latter is also planning a strategic investment in Greenfinch Capital Management S.A. in order to strengthen the planned partnership. The cooperation was initiated by a direct exchange between Mr Kindy Fritsch as Managing Director of the fund manager Greenfinch Capital Management S.A. and Mr Thomas Olek as CEO of the asset manager publity AG.

The new subfund is to be designed as a closed-end real estate fund and is aimed exclusively at institutional investors. Provisions are made that Greenfinch will manage the fund and publity will be responsible for the purchase of real estate and asset management. The planned structure provides for publity to receive a finder's fee for the purchase of the property, to be remunerated for the asset management and to partake in the profitable sale of the property.

Thomas Olek, CEO of publity AG: "The planned cooperation with Greenfinch is another major milestone in our successful business development and should have a significant positive impact on the further expansion of our company and the development of our remuneration as asset managers. Currently, our Assets under Management amount to approximately 5 billion Euro, as is generally known. We also see the planned cooperation as a model for further joint investment activities."

Kindy Fritsch, Managing Director of the fund manager Greenfinch Capital Management S.A.: "The Value-Add Investment strategies of publity AG and the Greenfinch Fund provide a good basis for joint high-yielding investment activities in stable economies. These attractive investments are to be made available to international institutional investors via regulated vehicles with significant volumes. As the second largest real estate fund location in the world, Luxembourg offers a solid starting point."

Press Contact:

Finanzpresse und Investor Relations:
edicto GmbH
Axel Mühlhaus/ Peggy Kropmanns
Phone: +49 69 905505-52
Mail: publity@edicto.de

About publity

publity AG ("publity") is an asset manager and investor specialised in office real estate in Germany. The company covers the core of the value chain from the acquisition to the development and the sale of real estate. With over 1,100 transactions in the past seven years, publity is one of the most active players in the real estate market. Currently, the company manages a portfolio with a value of over five billion euros. publity is characterized by a sustainable network in the real estate industry and in the Work-Out departments of financial institutions. With very good access to investment funds, publity handles transactions rapidly with a highly efficient process and proven partners. On a case-by-case basis, publity participates as co-investor in joint venture transactions to a limited extent. The shares of publity AG (ISIN DE0006972508) are traded on the Scale segment of Deutsche Börse.



01.08.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de



show this

Anleihe im Fokus

Deutsche Rohstoff
"Anleihe - Jetzt zeichnen!"

- Emissionsvolumen: bis zu 100 Mio. EUR
- Zeichnungsfrist: 11.11. bis 04.12.2019
- ISIN: DE000A2YN3Q8 / WKN: A2YN3Q
- Börsenesegment: Börse Frankfurt, Open Market (Quotation Board)
- Stückelung / Emissionspreis: 1.000 EUR/ 100%
- Zinssatz (Kupon): 5,25 %
- Laufzeit: 5 Jahre
- Fälligkeit: 5 Jahre / 6.12.2024 (vorbehaltliche vorzeitige Rückzahlung gemäß Anleihebedingungen)
- Zinszahlung: Angebot an Inhaber der 5,625 % Schuldverschreibung 2016/2021 (WKN A2AA05, ISIN DE000A2AA055) diese in die neue Anleihe zu tauschen
- Umtauschfrist: 11.11.2019 – 29.11.2019 (18.00 Uhr)

Anleihe im Fokus

Semper idem Underberg AG:
Anleihe 2019/2025 "Jetzt zeichnen!"

- Emissionsvolumen: bis zu 60 Mio. Euro
- Neuzeichnung: 07.11. bis 12.11.2019
- ISIN: DE000A2YPAJ3 / WKN: A2YPAJ
- Stückelung / Mindestanlage: 1.000 Euro
- Zinssatz (Kupon):
Liegt in einer Spanne von 4,00 % bis 4,25 % p.a.
- Laufzeit: 6 Jahre
- Zinszahlung: jährlich, jeweils am 18. November (nachträglich), erstmals am 18. November 2020
- Rückzahlungskurs: 100%
- Fälligkeit: 18. November 2025
- Listing: Listing im Freiverkehr (Open Market) der Frankfurter Wertpapierbörse vorgesehen

GBC-Fokusbox

Expedeon AG mit attraktiver Produktpipeline

Durch die konsequente Fortsetzung der „Grow, Buy & Build“-Strategie hat die im Bereich der Entwicklung und Vermarktung von DNA-Technologien, Proteomik- und Antikörper-Konjugations-Anwendungen tätige Expedeon AG das Umsatzniveau angehoben und auf operativer Ergebnisebene zugleich den Break-Even nachhaltig überschritten. Für die kommenden Perioden ist der Ausbau der Umsatzerlöse mit den bestehenden Produkten geplant. Darüber hinaus verfügt die Expedeon AG über eine attraktive Produktpipeline mit hohem Umsatzpotenzial. Unser Kursziel liegt bei 3,20 € je Aktie. Das Rating lautet KAUFEN.

News im Fokus

Linde plc: Linde Reports Third-Quarter 2019 Results (Earnings Release Tables attached) (news with additional features)

12. November 2019, 12:01

Aktueller Webcast

EQS Group AG

Conference Call zu den Neunmonatszahlen 2019

15. November 2019

Aktuelle Research-Studie

Ringmetall Aktiengesellschaft

Original-Research: Ringmetall AG (von Montega AG): Kaufen

12. November 2019