DGAP-News: alstria office REIT-AG: alstria leases 2,500 sqm in Stuttgart

DGAP-News: alstria office REIT-AG: alstria leases 2,500 sqm in Stuttgart

ID: 241488

(firmenpresse) - DGAP-News: alstria office REIT-AG / Key word(s): Miscellaneous
alstria office REIT-AG: alstria leases 2,500 sqm in Stuttgart

20.03.2013 / 17:33

---------------------------------------------------------------------

Press release

alstria leases 2,500 sqm in Stuttgart

Hamburg, March 20, 2013 - alstria office REIT-AG (symbol: AOX, ISIN:
DE000A0LD2U1), the leading German office REIT, announces the signing of a
lease agreement for its asset Ernsthaldenstraße 17, Stuttgart.

The asset, which was acquired by alstria in 2007 in a sale-and-leaseback
transaction with Bilfinger Berger, has been vacated in February 2013. The
new lease, which will start in the second half of the year, allows alstria
to fully re-let the asset swiftly and limit the down period to the minimum
extend possible.

Since alstria acquired the asset the like-for-like rent has increased by
5%.

The transaction was brokered by Colliers Bräutigam&Krämer GmbH.

'This leasing result reflects the ability of alstria's real estate
operations to deliver on our strategy', says Olivier Elamine, CEO of
alstria. 'Our leasing activity is running according to our plans and
sometimes, as in this case, even faster than we have expected. The strong
letting demand in the market is still extremely supportive.'

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 Company owns a diversified portfolio of properties across
attractive German office real estate markets. As of December 31, 2012
alstria's portfolio comprised 84 properties with an aggregate lettable
space of approx. 929,000 sqm and was valued at approximately EUR 1.6 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 contact:
Ralf Dibbern, IR/PR
Phone: +49 (0) 40 / 226 341-329
Email: rdibbern(at)alstria.de

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

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.


End of Corporate News

---------------------------------------------------------------------

20.03.2013 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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

---------------------------------------------------------------------


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(at)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 News DGAP News-Service
---------------------------------------------------------------------
204612 20.03.2013


Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: EquityStory
Datum: 20.03.2013 - 17:33 Uhr
Sprache: Deutsch
News-ID 241488
Anzahl Zeichen: 6298

contact information:

Kategorie:

Business News



Diese Pressemitteilung wurde bisher 201 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"DGAP-News: alstria office REIT-AG: alstria leases 2,500 sqm in Stuttgart"
steht unter der journalistisch-redaktionellen Verantwortung von

alstria office REIT-AG (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).


Alle Meldungen von alstria office REIT-AG



 

Werbung



Facebook

Sponsoren

foodir.org The food directory für Deutschland
Informationen für Feinsnacker finden Sie hier.

Firmenverzeichniss

Firmen die firmenpresse für ihre Pressearbeit erfolgreich nutzen
1 2 3 4 5 6 7 8 9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z