05.06.2018
alstria office REIT-AG DE000A0LD2U1
DGAP-News: alstria office REIT-AG: Full letting of the 'Emporia' in Stuttgart
DGAP-News: alstria office REIT-AG / Key word(s): Miscellaneous
alstria office REIT-AG: Full letting of the 'Emporia' in Stuttgart
05.06.2018 / 17:40
The issuer is solely responsible for the content of this announcement.
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Press release
Full letting of the "Emporia" in Stuttgart
Hamburg, June 5, 2018 - alstria office REIT-AG (Symbol: AOX, ISIN:
DE000A0LD2U1) can report an improvement in the letting structure of
"Emporia" in Stuttgart due to a new letting and previous lease extensions.
Last week alstria signed a new lease for around 1,700 sqm, after lease
extensions for an area of 22,900 sqm had already been agreed in recent
months.
With the conclusion of the new lease agreement, the building is now fully
let. Due to rent adjustments already agreed upon, rents will rise by around
7% from December 2021.
Contact:
alstria office REIT-AG
Ralf Dibbern
Head of IR & PR
Steinstrasse 7
20095 Hamburg
Germany
T +49 40 22 63 41-329
F +49 40 22 63 41-229
[email protected]
About alstria:
alstria office REIT AG is the leading real-estate operator focusing solely
on German office property in selected German markets. Our strategy is based
on the ownership and an active management of our properties throughout their
entire life cycle, strong added-value services to our customers and deep
knowledge of the markets in which we operate. alstria strives for
sustainable long-term value creation while taking advantage of short-term
arbitrage of inefficiencies in the real estate markets. The portfolio
comprises 116 buildings with a lettable area of 1.6 million sqm and a total
portfolio value of EUR 3.4 billion.
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.
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05.06.2018 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.
Archive at www.dgap.de
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Language: English
Company: alstria office REIT-AG
Steinstraße 7
20095 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, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange; London, Luxemburg,
SIX, Wien
End of News DGAP News Service
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692543 05.06.2018
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