DGAP-News: Prime Office REIT-AG / Key word(s): Miscellaneous
Prime Office REIT-AG attains SDAX status
06.09.2011 / 15:04
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Inclusion in third selection index just two months after the IPO
Prime Office REIT-AG attains SDAX status
Munich, 6 September 2011. Prime Office REIT-AG ('Prime Office'), a leading
property firm focused on investments and management of prime office
properties in Germany, will be included in the German SDAX equity index.
As Deutsche Börse's Working Committee for Equity Indices announced after
its meeting on 5 September 2011 the shares of Prime Office REIT-AG will be
included in the SDAX selection index on 19 September 2011. This is the
third inclusion in an important equity index within only two months after
the company went public. In addition to the SDAX, Prime Office REIT-AG is
also a component of the REITs segment of Deutsche Börse AG and the FTSE
EPRA/NAREIT Global Real Estate Index Series.
'We are happy about the inclusion in the SDAX. It will significantly
increase the visibility of our stock in the international capital markets',
says Claus Hermuth, CEO of Prime Office.
Contact
Prime Office REIT-AG
Richard Berg
Director Investor Relations / Corporate Communications
HopfenstraÃe 4
80335 Munich
Telephone +49. 89. 710 40 90 40
Facsimile +49. 89. 710 40 90 99
Email richard.berg@prime-office.de
About Prime Office REIT-AG
Prime Office REIT-AG is a leading property firm focusing on investments in
high quality office buildings in Germany. The company's portfolio consists
of 14 office properties in central locations across major cities and
conurbations in Western Germany with a total useable area of approximately
385,000 square meters. According to a valuation performed by the property
surveyor CB Richard Ellis, the 14 properties had a total market value of
970 million Euro as at 31 March 2011. The property portfolio of Prime
Office REIT-AG exclusively consists of individual buildings in premium
locations. All holdings are select modern office properties with an
attractive architecture and high building quality. The portfolio is broadly
diversified across locations and tenants. The properties are rented
long-term to high credit-quality tenants. Prime Office REIT-AG intends to
generate stable long-term rental income using a return-oriented approach of
managing the existing portfolio based on broad property, location and
tenant diversification. Rental income is also expected to grow consistently
through the addition of suitable individual properties. The company plans
to become a leading specialised REIT for prime office properties in
Germany.
For additional information on Prime Office REIT-AG please visit us in the
Internet on: www.prime-office.de.
End of Corporate News
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Language: English
Company: Prime Office REIT-AG
HopfenstraÃe 4
80335 München
Germany
Phone: +49 (0)89 7104090 40
Fax: +49 (0)89 7104090 99
E-mail: richard.berg@prime-office.ag
Internet: www.prime-office.ag
ISIN: DE000PRME012
WKN: PRME01
Listed: Regulierter Markt in Frankfurt (Prime Standard), München,
Stuttgart; Freiverkehr in Berlin, Düsseldorf
End of News DGAP News-Service
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138395 06.09.2011
DGAP-News: Prime Office REIT-AG attains SDAX status
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