alstria office REIT-AG

Delisting Announcement • Oct 27, 2015

News Details

Ad-hoc | 27 October 2015 13:56

alstria office REIT-AG announces the successful closing of its voluntary public takeover offer to the shareholders of DO Deutsche Office AG

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

27.10.2015 13:56

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group 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 WHOLE OR IN PART) IN, INTO
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OF SUCH JURISDICTION.

alstria office REIT-AG announces the successful closing of its voluntary
public takeover offer to the shareholders of DO Deutsche Office AG

• Final acceptance ratio at 90.60%

• Successful registration of capital increase satisfies last offer
  condition

• Two months of consolidation of Deutsche Office leads to mathematical
  increase of alstria's 2015 financial guidance: revenues of EUR 116 m and
  FFO of EUR 59 m

HAMBURG, October 27, 2015 - alstria office REIT-AG (symbol: AOX, ISIN:
DE000A0LD2U1) ('alstria'), the leading German office REIT, announces the
successful closing of its voluntary public takeover offer to the
shareholders of DO Deutsche Office AG, ('Deutsche Office') for the
acquisition of all of their non-par value registered bearer shares in
Deutsche Office.

The total number of Deutsche Office shares tendered until the final
Reference Date (October 21, 2015) amounts to 163,563,065 Deutsche Office
shares. This corresponds to approximately 90.60% of the total share capital
and of the voting rights in Deutsche Office.

Today, the capital increase against contribution in kind that was resolved
by alstria's shareholders on July 23, 2015, was registered with the
commercial register. With the registration of the capital increase the last
offer condition for the voluntary public takeover offer to the shareholders
of DO Deutsche Office has been satisfied. Following the capital increase,
alstria's statutory share capital increased by EUR 62,317,526 to EUR
149,237,860 through the issuance of new non-par value ordinary bearer
shares. The new shares carry full dividend rights from the fiscal year 2015
onwards. Furthermore, alstria has a call option with respect to further
4.0% of the shares of Deutsche Office.

The delivery of the new shares to the previous shareholders of Deutsche
Office who tendered their shares, as well as the start of trading of the
new shares on the regulated market (Prime Standard) of the Frankfurt Stock
Exchange, is expected to take place within the next days.

Considering that Deutsche Office will be consolidated from November 1, 2015
onwards, alstria adjusts its 2015 financial guidance as follows: Revenues
EUR 116 m (previous EUR 98 m) and FFO of EUR 59 m (previous: EUR 49 m). The
increase in the guidance is equal to 2/12 of the guidance of Deutsche
Office. Furthermore, alstria's management continues to expect a mark-down
of EUR 80 m in value of assets in the Deutsche Office portfolio by year-end
2015, which, combined with a potential write-down of goodwill resulting
from the transaction, as well as costs associated with the transaction,
leads alstria's management to expect a net loss in its 2015 profit & loss
account.

Contact:
Ralf Dibbern, IR/PR
Bäckerbreitergang 75
20355 Hamburg, Germany
Tel: +49 (0) 40 226 341 329
Email: rdibbern@alstria.de

More information on:
www.alstria.com
www.alstria.blogspot.com
www.twitter.com/alstria_REIT

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 1.7 million sqm of lettable space and
representing a total portfolio value of approximately EUR 3.4 billion (as
of June 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.

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.

27.10.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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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: info@alstria.de
Internet: http://www.alstria.de
ISIN: DE000A0LD2U1
WKN: A0LD2U
Indices: SDAX, EPRA, German REIT Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Hamburg, Munich, Stuttgart

End of Announcement DGAP News-Service

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