Deutsche Industrie REIT-AG acquires a portfolio of properties in Remscheid and Freisen

Created by Deutsche Industrie REIT-AG |

DGAP-News: Deutsche Industrie REIT-AG / Key word(s): Acquisition04.02.2019 / 16:14 The issuer is solely

Deutsche Industrie REIT-AG acquires a portfolio of properties in Remscheid and Freisen

DGAP-News: Deutsche Industrie REIT-AG / Key word(s): Acquisition

04.02.2019 / 16:14
The issuer is solely responsible for the content of this announcement.


Deutsche Industrie REIT-AG acquires a portfolio of properties in Remscheid and Freisen

Rostock, 04/02/2019 - The Deutsche Industrie REIT-AG (ISIN DE000A2G9LL1) had the first notarisation this year for a portfolio with locations in Remscheid and Freisen (Saarland) for a total purchase price of EUR 15.4 million.

The Light Industrial portfolio consists of three properties. Two objects are located in Remscheid, North Rhine-Westphalia and one is located in Freisen, Saarland. All properties are production sites of the same tenant.

Overall, the portfolio has a property area of approx. 187,000 sqm and a rental area of approx. 72,000 sqm. The WALT for all locations is 5.8 years. The annualised total rent for all three locations is EUR 1.5 million. With a total investment of EUR 15.4 million, the net initial yield is 9.7%.

In addition, Deutsche Industrie REIT-AG is currently conducting further negotiations on the acquisition of properties.

Detailed information about the German Industry REIT-AG can be found under:
https://www.deutsche-industrie-reit.de/en/




Contact:
Deutsche Industrie REIT-AG
Mr René Bergmann
Chief Financial Officer
August-Bebel-Str. 68
14482 Potsdam
Tel. +49 331 740 076 535


04.02.2019 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.

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Language: English
Company: Deutsche Industrie REIT-AG
August-Bebel-Str. 68
14482 Potsdam
Germany
Phone: +49 331 740076 5 - 0
Fax: +49 331 / 740 076 520
E-mail: rb@deutsche-industrie-reit.de
Internet: www.deutsche-industrie-reit.de
ISIN: DE000A2G9LL1, DE000A2GS3T9
WKN: A2G9LL, A2GS3T
Listed: Regulated Market in Berlin, Frankfurt (Prime Standard)


 
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