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alstria office REIT-AG
Regulatory Filings • Mar 13, 2017
31_rns_2017-03-13_75d556c6-3879-411a-b4d4-3d380d11a319.html
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News Details
Corporate | 13 March 2017 17:39
alstria office REIT-AG: alstria leases additional 2,300 sqm in the Kastor building (Frankfurt)
DGAP-News: alstria office REIT-AG / Key word(s): Miscellaneous
13.03.2017 / 17:39
The issuer is solely responsible for the content of this announcement.
Press release
alstria leases additional 2,300 sqm in the Kastor building (Frankfurt)
Hamburg, March 13, 2017 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of a new lease for its asset Platz der Einheit 1 (Kastor), Frankfurt.
The new tenant will lease up approximately 2,300 sqm of office and ancillary space. The five years lease will start on July 1, 2017 and generates an annual rental income of EUR 514 k.
“We are pleased to announce a new leasing success in our Kastor building, which is now more than 90% let” says Olivier Elamine, CEO of alstria. “The leasing market we are operating in remains fluid and we are benefitting from a continuing demand for efficient office space.”
The lease was brokered by BNP Paribas Real Estate GmbH.
Contact:
Ralf Dibbern, IR/PR
Bäckerbreitergang 75
20355 Hamburg
Phone: +49 (0) 40 226 341 329
Email: [email protected]
More information on:
About alstria:
alstria office REIT AG is the leading real-estate operator focusing solely on German office property in selected German markets. Our strategy is based on the ownership and an active management of our properties throughout their entire life cycle, strong added-value services to our customers and deep knowledge of the markets in which we operate. alstria strives for sustainable long-term value creation while taking advantage of short-term arbitrage of inefficiencies in the real estate markets. The portfolio comprises 108 buildings with a lettable area of 1.5 million sqm and a total portfolio value of EUR 3.0 billion.
Disclaimer:
This release constitutes neither an offer to sell nor a solicitation of an offer to buy any shares. As far as this press release contains forward-looking statements with respect to the business, financial condition and results of operations of alstria office REIT-AG (alstria), these statements are based on current expectations or beliefs of alstria’s management. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those reflected in such forward-looking statements. Apart from other factors not mentioned here, differences could occur as a result of changes in the overall economic situation and the competitive environment – especially in the core business segments and markets of alstria. Also, the development of the financial markets and changes in national as well as international provisions particularly in the field of tax legislation and financial reporting standards could have an effect. Terrorist attacks and their consequences could increase the likelihood and the extent of differences. alstria undertakes no obligation to publicly release any revisions or updates to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
13.03.2017 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
| Language: | English |
| Company: | alstria office REIT-AG |
| Bäckerbreitergang 75 | |
| 20355 Hamburg | |
| Germany | |
| Phone: | 040-226 341 300 |
| Fax: | 040-226 341 310 |
| E-mail: | [email protected] |
| Internet: | http://www.alstria.de |
| ISIN: | DE000A0LD2U1 |
| WKN: | A0LD2U |
| Indices: | MDAX, EPRA, German REIT Index |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| End of News | DGAP News Service |