|
DGAP-News: Noratis AG
/ Key word(s): Acquisition/Real Estate
Noratis AG: Expansion of NRW portfolio
Eschborn, 30 August 2022. Noratis AG has successfully expanded its existing property portfolio in North Rhine-Westphalia. The company, which is one of the leading portfolio developers in Germany, has acquired 76 units with total rental space of more than 5,000 square metres in Kamp-Lintfort (Rhine-Ruhr metropolitan region). It was agreed not to disclose the purchase price. The transfer of rights and obligations has already taken place. Kamp-Lintfort is a business location characterised by very good transport connections and can be seen as a gateway between the up-and-coming Ruhr region and the rural Lower Rhine region. In addition, Kamp-Lintfort is a new university town. The properties are located in a quiet residential area and are attractive both for students and for young families, with apartment sizes ranging from 35 to 76 square metres. “This acquisition shows that there are still attractive investments even in the current economic situation. After previously acquiring around 50 residential units in Essen and Remscheid, this is the second purchase made by Noratis in North Rhine-Westphalia this year. Noratis is still on a shopping spree and is taking advantage of the investment opportunities arising on the market,” explains Leopold Stolberg, Head of Investment at Noratis AG. “The previous owner maintained the property conscientiously and handed it over in good condition, and we will keep it that way,” continues Stolberg. After acquiring properties, the Eschborn-based portfolio developer also directly looks into the possibility of implementing energy efficiency measures. “In doing so, we always bear in mind our approach of maintaining and creating affordable yet attractive housing for our tenants,” adds the Head of Investment. About Noratis: Noratis AG (www.noratis.de) (ISIN: DE000A2E4MK4, WKN: A2E4MK, “Noratis”) is a leading portfolio developer of residential properties in Germany. The company identifies and realizes potentials for tenants, owner-occupiers & investors, thereby creating and preserving attractive and at the same time affordable living space throughout Germany. Noratis specializes in the upgrading of ageing residential portfolios, mostly company-owned apartments, residential areas, or housing estates in cities with more than 10,000 inhabitants and in peripheral areas of conurbations. After a successful development, the properties remain in the company's portfolio or are sold in the medium term to investors and/or individually to existing tenants, capital investors and owner-occupiers. In this way, Noratis creates a noticeable and sustainable added value for all stakeholders: Investors/shareholders, buyers/sellers, service providers, tenants, employees through to current and future tenants. Noratis AG is listed on the Frankfurt Stock Exchange. Contact: Noratis AG Investor & Public Relations Contact: edicto GmbH
30.08.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| Language: | English |
| Company: | Noratis AG |
| Hauptstraße 129 | |
| 65760 Eschborn | |
| Germany | |
| Phone: | +49 (0) 69 / 170 77 68 20 |
| E-mail: | info@noratis.de |
| Internet: | www.noratis.de |
| ISIN: | DE000A2E4MK4 |
| WKN: | A2E4MK |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1430397 |
| End of News | DGAP News Service |
|
|
1430397 30.08.2022
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
