alstria office REIT-AG

Share Issue/Capital Change • Mar 28, 2011

News Details

Ad-hoc | 28 March 2011 07:56

alstria office REIT-AG: Capital increase of up to 10,000,000 new shares to finance further growth and seize opportunities and sale of up to 19,200,000 existing shares by the majority shareholder

alstria office REIT-AG / Key word(s): Capital Increase

28.03.2011 07:56

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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Ad-hoc announcement §15 WpHG

• Not for release, publication or distribution in the United States,
  Australia, Canada or Japan -

Capital increase of up to 10,000,000 new shares to finance further growth
and seize opportunities and sale of up to 19,200,000 existing shares by the
majority shareholder

• Issue of up to 10,000,000 new shares

• The capital increase will allow alstria to further pursue attractive
  opportunities for future growth

• Majority shareholder Captiva is offering up to 16,700,000 shares in the
  market, as well as up to 2,500,000 additional shares as an
  overallotment option

• Transaction to significantly increase alstria's freefloat

HAMBURG, March 28, 2011 - alstria office REIT-AG, Hamburg (ISIN
DE000A0LD2U1) increases its nominal share capital by up to EUR 10,000,000
from EUR 61,599,999 to up to EUR 71,599,999 by issuing up to 10,000,000 new
shares against cash contributions. The new shares will be issued excluding
the subscription rights of shareholders and by using a portion of alstria's
available authorised capital. The new shares will bear full dividend rights
for the fiscal year 2010 where the management will be proposing EUR 0.44
per share at the company's next General Assembly.

The new shares will be admitted to trading in the regulated market segment
(Regulierter Markt - Prime Standard) of the Frankfurt Stock Exchange. The
new shares will be offered in a public offering in Germany and Luxembourg
as well as in a private placement to qualified institutional investors in
Germany and abroad via a bookbuilding process.

After the successful investment of the EUR 49 million gross proceeds raised
in the capital increase completed in September 2010, alstria intends to
further grow its portfolio along its investment guidelines and to take
advantage of acquisition opportunities it sees in the market. The
transaction will also envisage a secondary sale of up to 16,700,000 shares
as well as up to 2,500,000 shares as an overallotment option from alstria's
majority shareholder Captiva. The Captiva placement is another important
step to increase the free float and liquidity in the alstria office REIT-AG
share.

The transaction is managed by J.P. Morgan and UBS as Joint Global
Coordinators and Joint Bookrunners.

About alstria:

alstria office REIT-AG is an internally managed Real Estate Investment
Trust (REIT) focused 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. alstria
office REIT-AG owns a diversified portfolio of properties across attractive
German office real estate markets. Its current portfolio comprises 74
properties with an aggregate lettable space of approx. 821,000 sqm and is
valued at approximately EUR 1.4 bn. alstria intends to expand its portfolio
in the upcoming years as part of a sustainable growth strategy. 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
tenants and decision makers. alstria focuses on long-term real estate value
creation.

For further information, please see: www.alstria.com

Disclaimer:

THIS PRESS RELEASE CONSTITUTES NEITHER AN OFFER TO SELL NOR A SOLICITATION
OF AN OFFER TO BUY ANY SECURITIES. AN OFFER WILL BE MADE SOLELY BY MEANS,
AND ON THE BASIS, OF THE PROSPECTUS TO BE PUBLISHED PRIOR TO ANY OFFERING
OF SECURITIES OF ALSTRIA OFFICE REIT-AG WHICH WILL BE PUBLISHED IN THE
INTERNET UNDER WWW.ALSTRIA.COM FOLLOWING ITS APPROVAL AND WILL BE MADE
AVAILABLE FREE OF CHARGE AT ALSTRIA OFFICE REIT-AG BÄCKERBREITERGANG 75,
20355 HAMBURG, GERMANY, AND IR@ALSTRIA.DE AND AT J.P. MORGAN SECURITIES
LTD, 125 LONDON WALL, EC2Y SAJ, UNITED KINGDOM, AND UBS LIMITED, 1 FINSBURY
AVENUE, EC2M 2PP LONDON, UNITED KINGDOM.

THIS PRESS RELEASE AND THE INFORMATION CONTAINED HEREIN ARE NOT FOR
DISTRIBUTION IN OR INTO THE UNITED STATES OF AMERICA ('UNITED STATES'),
AUSTRALIA, CANADA AND JAPAN AND MUST NOT BE DISTRIBUTED TO PUBLICATIONS
WITH A GENERAL CIRCULATION IN THE UNITED STATES. THIS PRESS RELEASE DOES
NOT CONSTITUTE AN OFFER OR INVITATION TO PURCHASE ANY SECURITIES IN THE
UNITED STATES. THE SECURITIES OF ALSTRIA OFFICE REIT-AG HAVE NOT BEEN AND
WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED
('SECURITIES ACT') AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES
ABSENT REGISTRATION OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF
THE SECURITIES ACT. THERE WILL BE NO PUBLIC OFFERING OF SECURITIES IN THE
UNITED STATES.

THIS DOCUMENT IS DIRECTED ONLY AT PERSONS (I) WHO ARE OUTSIDE THE UNITED
KINGDOM OR (II) WHO HAVE PROFESSIONAL EXPERIENCE IN MATTERS RELATING TO
INVESTMENTS FALLING WITHIN ARTICLE 19(5) OF THE FINANCIAL SERVICES AND
MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005 (AS AMENDED) (THE
'ORDER') OR (III) WHO FALL WITHIN ARTICLE 49(2)(A) TO (D) ('HIGH NET WORTH
COMPANIES, UNINCORPORATED ASSOCIATIONS ETC.') OF THE ORDER (ALL SUCH
PERSONS TOGETHER BEING REFERRED TO AS 'RELEVANT PERSONS'). ANY PERSON WHO
IS NOT A RELEVANT PERSON MUST NOT ACT OR RELY ON THIS COMMUNICATION OR ANY
OF ITS CONTENTS. ANY INVESTMENT OR INVESTMENT ACTIVITY TO WHICH THIS
COMMUNICATION RELATES IS AVAILABLE ONLY TO RELEVANT PERSONS AND WILL BE
ENGAGED IN ONLY WITH RELEVANT PERSONS.'

As far as this press release contains forward-looking statements with
respect to the business, financial conditions 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.

Ralf Dibbern
IR | PR
Tel: +49 - 40 - 226 341 329
Email: rdibbern@alstria.de

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Language: English
Company: alstria office REIT-AG
Bäckerbreitergang 75
20355 Hamburg
Deutschland
Phone: 040-226 341 300
Fax: 040-226 341 310
E-mail: info@alstria.de
Internet: http://www.alstria.de
ISIN: DE000A0LD2U1
WKN: A0LD2U
Indices: SDAX, EPRA, German REIT Index
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Hamburg, München, Stuttgart

End of Announcement DGAP News-Service

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