EQS-News: Branicks Group AG
/ Key word(s): Real Estate/Disposal
Branicks Group AG: Sale of two office buildings in Cologne’s Rheinauhafen Press release Branicks Group AG: Sale of two office buildings in Cologne's Rheinauhafen Frankfurt, 27.06.2025 - Branicks Group AG (Branicks), ISIN: DE000A1X3XX4, announces the sale of the Silo 23 and ECR building ensemble in Cologne's Rheinauhafen from its commercial portfolio. The buyers are two companies represented by the real estate family office PAMERA Real Estate Partners GmbH (PAMERA). The parties are aiming to close the deal in the course of July 2025. The parties have agreed not to disclose the purchase price. The Agrippinawerft 22 and 24 buildings are characterised by their excellent location on the Rhine in Cologne's Rheinauhafen in Südstadt, were extensively refurbished and developed for new uses as part of the Rheinauhafen urban development project in 2006 and acquired by Branicks in 2007. The total lettable area is around 8,450 sqm and the plot area is 1,600 sqm. The two multi-tenant properties are fully let. They comprise office and practice space as well as catering, a showroom and storage.
About Branicks Group AG: The Commercial Portfolio segment comprises real estate held for our own account. Here, we generate cash flows from stable rent revenues on long-term leases while also optimizing the value of our portfolio assets through active management and realizing gains from sales. In the Institutional Business segment, we earn recurrent fees from real estate services we provide to national and international institutional investors by structuring and managing investment products that return attractive dividend yields. The shares of Branicks Group AG are listed in the Prime Standard of the German Stock Exchange (WKN: A1X3XX / ISIN: DE000A1X3XX4). The company is fully committed to sustainability and occupies top positions in ESG-relevant ratings such as Morningstar Sustainalytics and S&P Global CSA. The Branicks Group is also a signatory to the UN Global Compact and the UN PRI network. Properties in the Branicks portfolio have been awarded renowned sustainability certificates such as DGNB, LEED or BREEAM. For more details, go to www.branicks.com PR Contact Branicks Group AG: Stephan Heimbach Neue Mainzer Strasse 32-36 D-60311 Frankfurt am Main Phone +49 69 9454858-1569 pr@branicks.com
IR Contact Branicks Group AG: Jasmin Dentz Neue Mainzer Strasse 32-36 D-60311 Frankfurt am Main Phone +49 69 9454858-1492 ir@branicks.com
27.06.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
Language: | English |
Company: | Branicks Group AG |
Neue Mainzer Straße 32-36 | |
60311 Frankfurt am Main | |
Germany | |
Phone: | +49 69 9454858-1492 |
Fax: | +49 69 9454858-9399 |
E-mail: | ir@branicks.com |
Internet: | www.branicks.com |
ISIN: | DE000A1X3XX4, DE000A12T648, DE000A2GSCV5, DE000A2NBZG9 |
WKN: | A1X3XX, A12T64, A2GSCV, A2NBZG |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange |
EQS News ID: | 2161432 |
End of News | EQS News Service |