DGAP-News: PREOS Global Office Real Estate & Technology AG / Key word(s): 
Cryptocurrency / Blockchain 
PREOS Global Office Real Estate & Technology AG: Majority shareholder of 
PREOS brings 'digital twin' of PREOS share onto the Blockchain 
 
2020-11-24 / 12:00 
The issuer is solely responsible for the content of this announcement. 
 
*Press Release* 
 
*Majority shareholder of PREOS brings "digital twin" of PREOS share onto the 
Blockchain* 
 
*- First tokenisation of shares of a listed company worldwide* 
 
*- Public offer based on securities prospectus as of 24 November 2020* 
 
*- Subscription starting from one token possible - signal effect for 
financial centre Germany* 
 
*- Thomas Olek, founder of PREOS AG and CEO of majority shareholder publity 
AG: "A milestone in the international real estate industry. We make real 
estate digital and investable for everyone, no matter the location or 
infrastructure".* 
 
Frankfurt/Main (24.11.2020) - The real estate investor PREOS Global Office 
Real Estate & Technology AG (PREOS) is the world's first listed company 
whose shares are digitally securitised by a Blockchain-based "digital twin" 
(token). This is the largest tokenisation project in the real estate 
industry worldwide. The tokens will be issued by the PREOS parent company 
publity AG by way of a public offering in Germany and Austria on the basis 
of a securities prospectus approved by the German Federal Financial 
Supervisory Authority (BaFin) on 23 November 2020. They will also be issued 
by way of an international private placement. The offer includes 50 million 
PREOS tokens. For this purpose, in a first step, publity AG has already 
tokenised PREOS shares with a market value of around EUR 230 million, which 
corresponds to a total of 25 million tokens. The medium to long-term goal is 
a total token volume of EUR 1 billion. 
 
Investors will be able to invest in the PREOS - Token as of 24 November 
2020, irrespective of their location and entirely digitally. The initial 
issue price per PREOS token is EUR 09.25 (XETRA closing price of the PREOS 
share on 23 November 2020). The PREOS token is based on the Ethereum 
Blockchain and guarantees essential shareholder rights. Each PREOS token 
corresponds to one PREOS share. The token holder has a digitally deposited 
non-cash asset on the Blockchain and can exchange his token for a 
conventional PREOS share at any time. The tokenised shares, which provide 
the same dividend and voting rights at the Shareholders' Meeting of PREOS as 
all other PREOS shares, are held in custody by a collateral trustee. 
 
The PREOS token can be subscribed online at www.preos-token.de [1]. The 
securities prospectus applicable to the public offering was published on 24 
November 2020 on publity AG's website (www.publity.de) in the "Investor 
Relations" section. In this context, the information listed below under 
"Disclaimer" must be observed. 
 
*Olek: "We are opening a new chapter on the capital market."* 
 
The PREOS shares required for the transaction originate from the stake of 
the Frankfurt-based publity AG, which currently holds around 86 percent of 
the PREOS shares. From an economic point of view, the sale of the tokens 
backed by PREOS shares is thus similar to a public re-placement of PREOS 
shares by publity AG. Thomas Olek, founder of PREOS AG: "We are opening a 
new chapter with this tokenisation on the capital market and in the real 
estate sector alike. The real estate industry and the financial markets must 
and will become even more digital - PREOS and publity are pioneers in this 
respect and are taking investors on this exciting journey. We thus make real 
estate digitally and globally investable. We are targeting a volume of EUR 1 
billion for the PREOS token in the medium to long term". 
 
By issuing the PREOS token on the Ethereum Blockchain, publity AG intends to 
emphasise its technological pioneering role and broaden the PREOS 
shareholder base by addressing new investor groups, says Nils von 
Schoenaich-Carolath, Director Treasury & Digital Assets of publity AG and 
project manager for the PREOS token. "With the issuance of a digital twin of 
the PREOS share, we have in several aspects broken new ground. Not only are 
we the first company to issue a digital twin of a listed share by way of a 
public offering. The offer is also based on an innovative trustee system, 
granting extensive rights to the token holders. We believe that the PREOS 
token will be an important step in the further expansion of the Blockchain 
technology in the capital market context". 
 
*Comprehensive money laundering concept presented* 
 
The money laundering concept developed in collaboration with the Frankfurt 
securities trading bank Bankhaus Scheich and submitted to the BaFin in 
conjunction with the creation of the PREOS token platform sets new 
standards. This concept ensures that the token can only be traded by 
investors who have gone through a comprehensive identification process 
carried out by Bankhaus Scheich. With the tokenised trustee structure new 
legal territory on the product side was entered. Concurrently, the structure 
had to be coordinated with several regulatory partners in parallel in order 
to implement the PREOS platform. The project was legally accompanied by the 
cooperation of Raschke von Knobelsdorff Heiser (RKH) and Schnittker Möllmann 
Partners (SMP). The technical service provider is micobo, which designed the 
PREOS platform for the PREOS tokens. 
 
*AboutPREOS Global Office Real Estate & Technology AG* 
 
PREOS is an active real estate investor focused on office properties. The 
focus of acquisitions is on Core - Plus office properties and properties 
with development potential in Frankfurt and in the future other European 
financial centres. Value creation is generated by targeted asset management 
measures. The corporate strategy is to significantly expand the real estate 
portfolio through acquisitions in the coming years and to extend the average 
holding periods of properties. 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 
recently located in Leipzig, as of January 2021 it will be in Frankfurt. 
 
*About publity AG* 
 
publity AG ("publity") is an asset manager and investor specialised in 
office real estate in Germany. The company covers the core of the value 
chain from the acquisition to the development and the sale of real estate. 
With over 1,100 transactions in the past seven years, publity is one of the 
most active players in the real estate market. Currently, the company 
manages a portfolio with a value of over five billion euros. publity is 
characterized by a sustainable network in the real estate industry and in 
the Work-Out departments of financial institutions. In recent years, publity 
has digitalised the German office real estate market, with the result that 
its subsidiary PREOS possesses all the information on 9,500 relevant 
properties in the most important locations at all times. Thus the company 
achieves advantages both in the letting of the areas and in the search for 
buyers and salesmen of real estates. 
 
With very good access to investment funds, publity handles transactions 
rapidly with a highly efficient process and proven partners. On a 
case-by-case basis, publity participates as co-investor in joint venture 
transactions to a limited extent. The shares of publity AG (ISIN 
DE0006972508) are traded on the Scale segment of Deutsche Börse. 
 
Press Contacts: 
publity AG 
Elena Löw 
Phone: +49 69 6959 73 - 566 
Mail: e.loew@preos.de 
 
edicto GmbH 
Axel Mühlhaus 
Phone: +49 69 905505 - 52 
Mail: publity@edicto.de [2] 
 
*Disclaimer* 
 
This publication does not constitute an offer. In particular, it does not 
constitute a public offer to sell or an offer or a solicitation of an offer 
to purchase, purchase or subscribe for any tokens, shares or other 
securities. The offer is based exclusively on the securities prospectus 
approved by the German Federal Financial Supervisory Authority (BaFin) on 23 
November 2020 and published on the website of publity AG (www.publity.de) in 
the "Investor Relations" section. Only the securities prospectus contains 
the information for investors required by law. 
 
Investors are advised to read the securities prospectus, which has been 
audited by the German Federal Financial Supervisory Authority (BaFin) for 
completeness, coherence and comprehensibility, as published on the website 
of publity AG (www.publity. de) in the " Investor Relations" section before 
deciding to buy or sell PREOS tokens or shares of PREOS Global Office Real 
Estate & Technology AG in order to fully understand the potential risks and 
opportunities of the investment decision, and to make an investment decision 
only using all available information about the Company after consulting with 
own lawyers, tax and/or financial advisers. It should be noted that approval 
of the Prospectus by BaFin is not to be construed as an endorsement of the 
relevant securities. 
 
A public offer of the securities mentioned in this publication is being made 
exclusively on the basis of and in accordance with the securities prospectus 
and only in the Federal Republic of Germany and the Republic of Austria. In 
particular, neither a public offering nor a solicitation of an offer to 
purchase securities in the United States of America, Japan, Canada, New 
Zealand or Australia will be made. 
 
The securities mentioned in this publication have not been and will not be 
registered under the United States Securities Act of 1933 (the "Securities 
Act") or the securities laws of any state of the United States of America 
and may not be admitted to trading in or into the United States of America 
or into or on behalf of or for the account or benefit of a U.S. person or 
entity.The securities may not be offered, offered, sold, pledged, 
transferred or delivered (directly or indirectly) to, or for the account or

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