Publity AG Announces Sale of Office Property Near Kiel

On April 03, 2024, publity AG, a Frankfurt-based asset manager, disclosed the sale of a three-storey office property located in Büdelsdorf, near Kiel. This building encompasses a total rental area of nearly 4,500 square meters. Both the purchaser and the sale price of the property remain confidential. Positioned in a prime commercial area close to Rendsburg and adjacent to the Kiel Canal, the facility boasts excellent transportation links.

Frank Schneider, CEO of publity, remarked on the transaction, indicating it as the company's fifth successful deal within the year. Despite acknowledging the ongoing challenges in the market, Schneider highlighted their capability to execute transactions in the present environment. This sale underlines publity's active engagement and adaptability in navigating the complex real estate landscape.