DGAP-News: PREOS Global Office Real Estate & Technology AG / Key word(s): Real Estate 
PREOS Global Office Real Estate & Technology AG signs 5-year lease extension with The Max Planck Institute for 'Westend 
Carree' in Frankfurt 
2021-02-11 / 08:22 
The issuer is solely responsible for the content of this announcement. 
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PREOS Global Office Real Estate & Technology AG signs 5-year lease extension with The Max Planck Institute for "Westend 
Carree" in Frankfurt 
Leipzig, 11 February 2021 - PREOS Global Office Real Estate & Technology AG ("PREOS", ISIN DE000A2LQ850) signs 5-year 
lease extension with The Max Planck Institute for "Westend Carree" in Frankfurt's up-market Westend district an 
ultra-modern office complex, generating a cumulative rental value for the Company of approx 7 million Euros on over 
30,000m2 (330,000 sq. ft) 
Earlier in February this year, PREOS closed a 5-year lease extension with the internationally acclaimed research 
institute and core tenant, the Max Planck Institute, for part of the Company's "Westend Carree" premises. 
PREOS acquired Westend Carree in January 2020. With an immediate drive to improve and secure long-term occupancy PREOS 
successfully signed international software developer, Gunzilla in late Summer 2020, following up now with the 
successful Max Planck signing. PREOS' proven ability swiftly to provide tenant-desired fit-out helped seal both these 
exciting acquisitions. 
Westend Carree is a high profile major multi-tenant asset in the Frankfurt market, located in the heart of the city, in 
the upmarket Westend district. It was built from 1987 to 1989 and extensively renovated in 2009 and 2010. The striking 
building with its glass and natural stone façade and landscaped courtyards consists of three building sections, each 
with six to eight storeys, and offers a flexible division of space. It has an underground car park and three separate 
entrance areas, each with its own lobby and 13 elevators. Further enhancements are being made to Westend Carree's 
already high-end spec, to secure its leading position within Frankfurt's vibrant commercial real estate market, 
targeting the highest environmental and digital standards. 
The Max Planck Institute, and Gunzilla add to an existing high credit, diverse, national and international tenant 
roster comprised of leading names from healthcare, research and financial sectors including: Emirates, NATIXIS, The 
Financial Times and 360 Treasury Systems. 
Westend Carree again showcases the ability of the PREOS team to identify and execute decisively on commanding market 
opportunities, strengthening the Company's overall asset base, substantially benefiting the Company's tenants and 
investors. 
Press Contact: 
Financial Press and Investor Relations: 
edicto GmbH 
Axel Mühlhaus 
Phone: +49 69 905505-52 
Mail: preos@edicto.de 
About PREOS Global Office Real Estate & Technology AG 
PREOS Real Estate & Technology AG ("PREOS") is an active real estate investor focused on office properties. PREOS acts 
as an efficient management holding company. The acquisition focuses on office properties with development potential in 
German metropolitan regions. Value creation is generated by targeted asset management measures. Developed portfolio 
properties are sold in the event of adequate sales opportunities. The corporate strategy is to significantly expand the 
real estate portfolio through acquisitions in the coming years. The PREOS share (ISIN DE000A2LQ850) is listed in the 
over-the-counter segment m:access of the Munich Stock Exchange (PAG.MU) and on Xetra (PAG.DE). The company headquarters 
of PREOS is located in Leipzig. 
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2021-02-11 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      PREOS Global Office Real Estate & Technology AG 
              Reichsstraße 2 
              04109 Leipzig 
              Germany 
Phone:        0341 261787790 
E-mail:       info@preos.de 
Internet:     www.preos.de 
ISIN:         DE000A2LQ850 
WKN:          A2LQ85 
Listed:       Regulated Unofficial Market in Frankfurt, Munich 
EQS News ID:  1167638 
 
End of News   DGAP News Service 
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1167638 2021-02-11

(END) Dow Jones Newswires

February 11, 2021 02:24 ET (07:24 GMT)