DGAP-News: PREOS Real Estate AG: Long-term international investor participates in PREOS with lock-up of 12 months

PREOS Real Estate AG: Long-term international investor participates in PREOS with lock-up of 12 months

Leipzig, 09 July 2020 - PREOS Real Estate AG ("PREOS", ISIN DE000A2LQ850) announces the expansion of its investor base. An international investor acquired a total of 3,846,153 PREOS shares from the holdings of PREOS' major shareholder publity AG and at the same time committed itself to a lock-up period of 12 months. Furthermore, the investor has signalled that it intends to support the further strategic course of PREOS with its focus on first-class office properties in top locations in major cities.

The new investor thus holds approx. 5.4 percent of PREOS, the stake held by publity now amounts to approx. 86.5 percent and the free float to approx. 13.5 percent.

Frederik Mehlitz, CEO of PREOS Real Estate AG comments: "We are delighted about the entry of the new strategic investor, who wants to accompany our growth course, which is focused on high-priced premium office properties, in the long term. Having publity as asset manager at our side, we are in an excellent position."

About PREOS Real Estate AG

PREOS Real Estate AG ("PREOS") is an active real estate investor focused on office properties. PREOS acts as an efficient management holding company. The acquisition focuses on office properties with development potential in German metropolitan regions. Value creation is generated by targeted asset management measures. Developed portfolio properties are sold in the event of adequate sales opportunities. The corporate strategy is to significantly expand the real estate portfolio through acquisitions in the coming years. The PREOS share (ISIN DE000A2LQ850) is listed in the over-the-counter segment m:access of the Munich Stock Exchange (PAG.MU) and on Xetra (PAG.DE). The company headquarters of PREOS is located in Leipzig.

Investor & Public Relations
edicto GmbH
Axel Mühlhaus
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60322 Frankfurt am Main
Phone +49(0) 69/905505- 52
Mail: [email protected]