Fair Value REIT-AG extends lease with comdirect in Quickborn until 2033

Corporate Action
โดย GlobeNewswire·DE·Read original
Summary · why it matters

Fair Value REIT-AG, a subsidiary of DEMIRE Deutsche Mittelstand Real Estate AG, has extended the lease for the buildings at Pascalkehre 15/15a in Quickborn with Commerzbank AG, whose brand comdirect is headquartered there, until the end of 2033. The fully leased office property north of Hamburg comprises approximately 10,500 square meters of rental space. In addition to the long-term extension, green lease agreements were reached under which the owner will make sustainable investments in the property.

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Fair Value REIT-AGPrivate▲ Positive
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Fair Value REIT extends lease until 2033, ensuring rental income.