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alstria office REIT-AG
Major Shareholding Notification • Apr 29, 2016
31_rns_2016-04-29_79f7971a-ae5f-415d-bea3-5a370f92c005.html
Major Shareholding Notification
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News Details
Corporate | 29 April 2016 17:57
alstria office REIT-AG: Change in shareholder structure
DGAP-News: alstria office REIT-AG / Key word(s): Miscellaneous
2016-04-29 / 17:57
The issuer is solely responsible for the content of this announcement.
Press release
Change in shareholder structure
Hamburg, April 29, 2016 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1), the leading German office REIT, announces a change in its shareholder structure.
With voting rights notifications released by GIC alstria was informed that GIC currently holds a stake of 12.7% in alstria office REIT-AG. GIC was established in 1981 and is Singapore’s sovereign wealth fund.
In parallel, with voting rights notifications released by Oaktree Capital Group, alstria was informed that Oaktree has reduced its stake in alstria from 25.4% to 13.4%. Oaktree became alstria’s major shareholder through the exchange of shares following the takeover of DO Deutsche Office AG by alstria in October 2015.
“We welcome GIC as a substantial shareholder of alstria, and thank them for their trust in our business” says Olivier Elamine, CEO of alstria. “Having such a reputable name in the real estate industry joining our shareholder base is a very strong testimony for the strength and expertise that has been developed by our team”.
Contact:
Ralf Dibbern, IR/PR
Phone: +49 (0) 40 226 341 329
Email: [email protected]
More information on:
About alstria:
alstria office REIT-AG is an internally managed Real Estate Investment Trust (REIT) focused solely on acquiring, owning and managing office real estate in Germany. alstria was founded in January 2006 and was converted into the first German REIT in October 2007. Its headquarters are in Hamburg. The combination of alstria and Deutsche Office creates the leading listed German office real estate company with a combined portfolio of 120 office buildings comprising 1.7 million sqm of lettable space and representing a total portfolio value of approximately EUR 3.3 billion (as of December 31, 2015). The alstria office REIT-AG strategy is based on active asset and portfolio management as well as on establishing and maintaining good relationships with key customers and decision makers. alstria focuses on long-term real estate value creation.
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.
2016-04-29 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.
Media archive at www.dgap-medientreff.de and 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; Terminbörse EUREX |
| End of News | DGAP News Service |