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alstria office REIT-AG
Regulatory Filings • Mar 21, 2016
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News Details
Corporate | 21 March 2016 17:33
alstria office REIT-AG: alstria leases 1,700 sqm in Ratingen
DGAP-News: alstria office REIT-AG / Key word(s): Miscellaneous
2016-03-21 / 17:33
The issuer is solely responsible for the content of this announcement.
Press release
alstria leases 1,700 sqm in Ratingen
Hamburg, March 21, 2016 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1), the leading German office REIT, announces the signature of a new lease for its asset in Berliner Strasse 91 in Ratingen.
The new tenant will lease up approximately 1,000 sqm of office and ancillary space. The expected start of the lease is September 1, 2016 and has a lease length of 5 years. Furthermore an existing tenant in the same building extended a lease for approximately 700 sqm of office space.
‘Four month after the acquisition of Deutsche Office our Real Estate Operations team is fully operational and is working on the reduction of the acquired vacancy’, says Olivier Elamine, CEO of alstria. ‘The leasing market remains very strong for companies who are able to offer professional and competitive services.’
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 125 office buildings comprising 1.8 million sqm of lettable space and representing a total portfolio value of approximately EUR 3.4 billion (as of September 30, 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.
Contact:
Ralf Dibbern, IR/PR
Phone: +49 (0) 40 226 341 329
Email: [email protected]
More information on:
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.
2016-03-21 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.
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| 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 |