Deutsche Industrie REIT-AG acquires two properties in Meerbusch und Fehrbellin

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DGAP-News: Deutsche Industrie REIT-AG / Key word(s): Acquisition05.06.2018 / 09:26 The issuer is solely

Deutsche Industrie REIT-AG acquires two properties in Meerbusch und Fehrbellin

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

05.06.2018 / 09:26
The issuer is solely responsible for the content of this announcement.


Deutsche Industrie REIT-AG acquires two properties in Meerbusch und Fehrbellin

Rostock, 05/06/2018 - Deutsche Industrie REIT-AG (ISIN DE000A2G9LL1) has acquired two more Light-Industrial properties in Meerbusch (North Rhine-Westphalia) and Fehrbellin (Brandenburg) for a total of TEUR 6,600.

The property in Meerbusch near Düsseldorf is located in an established industrial park close to the motorway junction A57 / A44. Main tenant is a company for computer consumables. Overall, the property has a leasable area of more than 13,000 sqm and generates an annual rent of approx. TEUR 660. The purchase price amounts to TEUR 5,400 and thus with a net initial yield of 12.2%.

The logistics property in Fehrbellin is located directly on the A24 motorway (Berlin - Hamburg). It has a rental area of 22,000 m², which will soon be used mainly as a free storage area for building materials. The future annual rent is forecasted at TEUR 145. The purchase price amounts to TEUR 1,200, which then corresponds to a net initial yield of 12.1%.

The ownership of the properties is expected to be in August 2018.

Please find more information about Deutsche Industrie REIT-AG on our website:
www.deutsche-industrie-reit.de




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


05.06.2018 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
Martin-Niemöller-Str. 23
18147 Rostock
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; Regulated Unofficial Market in Frankfurt


 
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