alstria office REIT-AG

Share Issue/Capital Change • Sep 22, 2010

News Details

Ad-hoc | 22 September 2010 07:42

alstria office REIT-AG: Capital increase of up to 5,599,999 new shares to finance further growth

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

22.09.2010 07:42

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

Capital increase of up to 5,599,999 new shares to finance further growth

* Issue of up to 5,599,999 new shares
* Accelerated bookbuilding process

HAMBURG, September 22, 2010 - alstria office REIT-AG, Hamburg (ISIN
DE000A0LD2U1) increases the company's nominal share capital from EUR
56,000,000 by up to EUR 5,599,999 to up to EUR 61,599,999 by issuing up to
5,599,999 new shares against cash contributions. The new shares will be
issued under exclusion of the subscription rights of shareholders and by
using a portion of alstria's authorised capital.

The new shares will be admitted for trading in the regulated market of the
Frankfurt Stock Exchange with a simultaneous listing in the Prime Standard
segment of the Frankfurt Stock Exchange. The new shares will carry full
dividend rights for the year 2010. In order to sustain the dividend level
for the existing shareholders, the company intends, for the year 2010 only,
to increase its payout ratio from 90% to 100% of the FFO.

The new shares will be offered to qualified institutional investors in
Germany and abroad via an accelerated bookbuilding process.

The proceeds from the issue will be used to finance further growth and to
take advantage of the acquisition opportunities which are increasingly
present in alstria's target markets.

The transaction is managed by J.P. Morgan as sole bookrunner and Lead
Manager and UniCredit as Joint Lead Manager.

This publication constitutes neither an offer to sell nor a solicitation of
an offer to buy securities. In particular, this document constitutes
neither an offer to sell nor a solicitation of an offer to purchase
securities in the United States. The shares in alstria office REIT-AG (the
'shares') may not be offered or sold in the United States absent
registration or an exemption from registration under the U.S. Securities
Act of 1933, as amended (the 'Securities Act'). The shares have not been
and will not be registered under the Securities Act. There will be no
public offering of shares in the United States.

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. 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. 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.

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

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Information and Explaination of the Issuer to this News:

Disclaimer:

This release constitutes neither an offer to sell nor a solicitation of an
offer to buy any securities. 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.

Kontakt alstria office REIT-AG:

Ralf Dibbern
IR | PR
Tel: +49 - 40 - 226 341 329
E-Mail: 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 Hamburg, München, Berlin, Stuttgart

End of Announcement DGAP News-Service

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