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Billion-greenback US group Avaya extends lease at Centurion

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DGAP-News: PREOS International Workplace Real Estate & Technological innovation AG / Vital term(s): True Estate/Miscellaneous
PREOS World Office environment Authentic Estate & Technologies AG: Billion-greenback US team Avaya extends lease at Centurion
2021-01-13 / 10:00
The issuer is only dependable for the content material of this announcement.
Push Launch
PREOS International Business Real Estate & Engineering AG: Billion-greenback US group Avaya extends lease at Centurion
Leipzig, 13.01.2021 – PREOS Worldwide Place of work Genuine Estate & Technologies AG (“PREOS”, ISIN DE000A2LQ850) has obtained another
leasing results in the Centurion home in Frankfurt’s Metropolis West. The US-American communications business Avaya has
prolonged the current lease of its German branch in the 17-storey business office tower in Theodor-Heuss-Allee by far more than 5
yrs. The group, headquartered in Santa Clara, California, has leased more than 5,500 square metres of space at
Centurion the average remaining lease expression at the house is 4.6 yrs.
Centurion, which is managed by PREOS Group mum or dad publity AG as asset supervisor, has been in the PREOS portfolio considering the fact that
the end of 2019.
Press Get in touch with:
Economical Push and Investor Relations:
edicto GmbH
Axel Mühlhaus
Phone: +49 69 905505-52
Mail: [email protected]
About PREOS World wide Place of work Actual Estate & Technological innovation AG
PREOS Genuine Estate & Technological know-how AG (“PREOS”) is an energetic authentic estate investor focused on workplace attributes. PREOS acts
as an successful management keeping corporation. The acquisition focuses on office environment attributes with progress opportunity in
German metropolitan regions. Benefit generation is created by focused asset administration steps. Developed portfolio
houses are bought in the event of adequate product sales possibilities. The corporate technique is to substantially grow the
authentic estate portfolio via acquisitions in the coming many years. The PREOS share (ISIN DE000A2LQ850) is mentioned in the
above-the-counter section m:access of the Munich Inventory Trade (PAG.MU) and on Xetra (PAG.DE). The enterprise headquarters
of PREOS is situated in Leipzig.
2021-01-13 Dissemination of a Company News, transmitted by DGAP – a assistance of EQS Group AG.
The issuer is entirely liable for the content material of this announcement.
The DGAP Distribution Expert services involve Regulatory Announcements, Economical/Company Information and Push Releases.
Archive at www.dgap.de
Language: English
Enterprise: PREOS Worldwide Place of work Real Estate & Technology AG
Reichsstraße 2
04109 Leipzig
Germany
Mobile phone: 0341 261787790
E-mail: [email protected]
Online: www.preos.de
ISIN: DE000A2LQ850
WKN: A2LQ85
Shown: Controlled Unofficial Market in Frankfurt, Munich
EQS Information ID: 1160280

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January 13, 2021 04:00 ET ( 09:00 GMT)