DGAP-News: Prime Office REIT-AG / Key word(s): Real Estate/Contract Prime Office REIT-AG concludes lease for emporia in Stuttgart-Moehringen 07.08.2013 / 12:59 --------------------------------------------------------------------- Prime Office REIT-AG concludes lease for emporia in Stuttgart-Moehringen - Long-term lease for more than 11,000 square metres signed - Occupancy rate in the 'emporia' increases to about 85 percent Munich, 7 August 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, signed a lease with Daimler AG, Stuttgart, for a total of 11,315 square metres of attractive office and storage space and 220 passenger vehicle parking spaces in the office compound 'emporia' in Stuttgart-Moehringen. 'We are pleased that we could win Daimler AG, a leading global company, as a new tenant for the 'emporia'. This lease is testament for our ability to rent out our high-quality office properties in good locations to attractive and high credit-quality tenants even if rental markets are as subdued as currently in Stuttgart', says Alexander von Cramm, CEO of Prime Office REIT-AG. Situated in a prominent business location in Stuttgart's district Moehringen, the 'emporia' compound consists of several articulated buildings and an underground parking garage that combine into a unique office ensemble. The property has a total rental space of 25,284 square metres and about 390 passenger vehicle parking spaces. The new lease increases occupancy rate in the 'emporia' to about 85 percent and with regard to the rent to about 90 percent. Other tenants in the 'emporia' are Cenit AG and Hochtief Solutions. Daimler AG is one of the world's most successful automotive companies. With its divisions Mercedes-Benz Cars, Daimler Trucks, Mercedes-Benz Vans, Daimler Buses and Daimler Financial Services, the vehicle manufacturer is one of the biggest producers of premium cars and the world's biggest manufacturer of commercial vehicles with a global reach. Daimler Financial Services provides financing, leasing, fleet management, insurance and innovative mobility services. Additional information on the 'emporia' is available on the Internet on: www.emporia-stuttgart.de. Contact details Prime Office REIT-AG Richard Berg Director Investor Relations / Corporate Communications Hopfenstra�e 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 --------------------------------------------------------------------- 07.08.2013 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 --------------------------------------------------------------------- 224678 07.08.2013
DGAP-News: Prime Office REIT-AG concludes lease for emporia
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