DGAP-News: Prime Office REIT-AG successfully concl

DGAP-News: Prime Office REIT-AG / Key word(s): Contract/Real Estate Prime Office REIT-AG successfully concludes lease in Heilbronn: Long-term lease for about 2,000 square metres or 14% of the overall lettable space in the 'Neckarturm' 07.10.2013 / 07:34 --------------------------------------------------------------------- PRESS RELEASE Prime Office REIT-AG successfully concludes lease in Heilbronn - Long-term lease for about 2,000 square metres or 14% of the overall lettable space in the 'Neckarturm' in Heilbronn concluded - Land Registry as another high credit quality tenant for Prime Office Munich, 07 October 2013. Prime Office REIT-AG ('Prime Office'), a leading listed property company with REIT status focused on investments and management of prime office properties in Germany, concluded a long-term lease for 2,021 square metres or approximately 14% of the total lettable space in the office and retail building 'Neckarturm' in Heilbronn. With the Land Registry of the City of Heilbronn, Prime Office could win another new and high credit quality tenant for the 'Neckarturm' building located in the Bahnhofstrasse, Heilbronn. The tenant was particularly attracted by the central location, the good accessibility and the prestige of the property. The ten-year lease commences on 1 November 2014. The high-quality property 'Neckarturm' has 14,750 square metres of lettable space of which currently 13,482 square metres are let. This corresponds to an occupancy level of 91.4%. Key tenants in the 'Neckarturm' are the Lidl Foundation and Accor Hotellerie Deutschland GmbH. 'We are delighted that we could successfully conclude a long-term lease with a high credit quality tenant for yet another property in our portfolio. This underlines the strong quality of the property and the strength of our asset management' says Alexander von Cramm, Member of the Board of Prime Office REIT-AG. Contact Prime Office REIT-AG Richard Berg Director Investor Relations / Corporate Communications Hopfenstrasse 4 80335 Munich Telephone +49. 89. 710 40 90 40 Facsimile +49. 89. 710 40 90 99 Email richard.berg@prime-office.de End of Corporate News --------------------------------------------------------------------- 07.10.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Prime Office REIT-AG Hopfenstra�e 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 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard), München, Stuttgart; Freiverkehr in Berlin, Düsseldorf End of News DGAP News-Service --------------------------------------------------------------------- 233486 07.10.2013