TIDMCLI 
 
RNS Number : 3600U 
CLS Holdings PLC 
14 October 2010 
 

 
 
 
 
 
 
 
Release date:              14 October 2010 
Embargoed until:         07:00 
 
                                CLS HOLDINGS PLC 
                    FURTHER DEVELOPMENT AT LANDSHUT, GERMANY 
                       WITH 17.5 YEAR PRE-LETTING TO E.ON 
 
CLS Holdings plc ("CLS") announces that it has agreed to develop a further 3,400 
sq m (36,597 sq ft) of space at its office development in Landshut, Germany 
which has been pre-let to E.ON Service Plus GmbH ("E.ON"), the existing tenant 
of the other three buildings in the complex.  The development, which is to be 
completed by the summer of 2012, has been let on a 17.5 year index-linked lease 
until March 2030 with no breaks. 
 
The new office space will produce EUR410,000 of income p.a., which equates to EUR114 
per sq m and represents an initial yield of 8.2% to CLS at a cost of EUR5 million. 
 With debt finance arranged by Deutsche Postbank AG, the initial return on 
equity will be 14.9% p.a. 
 
The new property will be the fourth phase of a 14,100 sq m (151,771 sq ft) 
fully-let office complex, including CLS's original purchase in 2006, and phases 
two and three developed in 2009.  E.ON will use the new property as office space 
for internal services within the E.ON group of companies. 
 
Sten Mortstedt, Executive Chairman of CLS, commented: 
 
"We are delighted to expand our relationship with E.ON with this pre-letting for 
a new building adjacent to its existing building which we own.  It highlights 
the benefits of working closely with tenants to meet their occupational needs, 
and provides further secure, long-term income for the Group." 
 
                                     -ends- 
 
For further information, please contact: 
 
CLS Holdings plc +44 (0) 20 7582 7766 
www.clsholdings.com 
Sten Mortstedt, Executive Chairman 
Henry Klotz, Chief Executive Officer 
Richard Tice, Deputy Chief Executive Officer 
 
Kinmont Advisory 
   +44 (0) 20 7087 9119 
Jonathan Gray 
 
Smithfield 
         +44 (0) 20 7360 4900 
Alex Simmons 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
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