The implementation of the “AIFM Directive” in the new “German Capital Investment Code”, which took effect on 22 July 2013, entails a far-reaching restructuring of the “grey capital market”. In practice, this means more security and transparency for investors, while at the same time imposing stricter regulatory and administrative requirements on issuers, management and distributors. In a parallel process to the ongoing legislation process, the publity financial group has created the organisational bases under company law for future EU law-compliant associated companies with the establishment of publity Emissionshaus GmbH and publity Performance GmbH.
With an impressive 17 year track record as an investor in commercial real estate in larger German cities such as Frankfurt and Munich, publity is proving to be one of the most successful companies with its "manage- to core" concept.
Renowned for transaction speed and purchasing power based on non- leveraged cash only purchases, the Leipzig based publity currently manages an asset portfolio worth 3.0 billion Euro's and can boast a track record of 528 profitably sold German assets to date.
Frederik Mehlitz and Thomas Olek (f.l.t.r.)
Die Leipziger publity AG hat in der Rheinmetropole Köln eine ca. 14.600 qm große Büroimmobilie erworben. Das nahezu voll vermietete Multi-Tenant-Objekt ist u.a. an die Fluggesellschaft Eurowings vermietet.
Die publity AG (Entry Standard, ISIN DE0006972508) meldet einen Wechsel im Aufsichtsrat. Nachdem Thomas Backs sein Aufsichtsratsmandat niedergelegt hat, wurde der Dipl.-Kaufmann Hans-Jürgen Klumpp (69) als neues Mitglied des Gremiums gerichtlich bestellt.
publity grows assets under management from EUR 1.6 billion to EUR 3 billion and expands NPL portfolio to EUR 2.4 billion in 2016Tuesday, 2017-01-10
As forecast at the start of last year, publity AG (Entry Standard, ISIN DE0006972508), an investor and asset manager for German office properties, almost doubled its assets under management (AuM) in 2016 by around EUR 1.4 billion to a total of EUR 3 billion. At the same time, the company confirms its guidance to increase AuM to around EUR 5 billion by the end of 2017. This forecast is based primarily on existing investment commitments from successful partnerships with institutional investors and publity’s extensive property pipeline.
The publity financial group meets high internal quality requirements, legally binding compliance requirements and has a well-balanced social responsibility program. It meets the current and future demands of managers of alternative investment funds through legislation at European and national levels. The publity financial group has taken measures to ensure that its companies, members of executive bodies and employees act in compliance with the law and engage in early risk identification and risk minimisation. The publity financial group thus pursues the objective of repositioning assets via private capital investments, further improving product quality and increasing its attractiveness with security and transparency.