DGAP-News: alstria office REIT-AG: alstria leases around 6,100 sqm in Frankfurt
(firmenpresse) - DGAP-News: alstria office REIT-AG / Key word(s): Miscellaneous
alstria office REIT-AG: alstria leases around 6,100 sqm in Frankfurt
15.06.2011 / 07:48
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Press release
alstria leases around 6,100 sqm in Frankfurt
- Successful re-letting of former KMPG building in Frankfurt
Mertonviertel
- Rapid lease-up is testimony to alstria's strong asset management
expertise
Hamburg, June 15, 2011 - alstria office REIT-AG (symbol: AOX, ISIN:
DE000A0LD2U1), the leading German office REIT focused solely on acquiring,
owning and managing office real estate in Germany, is announcing that it
has agreed a long-term lease on its Mertonviertel asset in Frankfurt.
The new tenant, a leading German tour operator, signed a 10-year lease
contract for around 6,100 sqm of office and ancillary space in the 9,200
sqm building. The start of the lease is planned for the third quarter of
2011, shortly after the building will be vacated by the current tenant
KPMG.
'The speed at which alstria was able to re-let the asset in the
Mertonviertel demonstrates the strengths of our asset management expertise
even outside of our core Hamburg market', said Olivier Elamine, CEO of
alstria.
The lease transaction was brokered by the Frankfurt branch of AENGEVELT
real estate.
More information about the Mertonviertel business district can be found on
the website of the Mertonviertel initiative:
http://www.mertonviertel-frankfurt.de/
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. Its current portfolio comprises 74
properties with an aggregate lettable space of approx. 813,000 sqm and is
valued at approximately EUR 1.4 bn.
alstria office REIT-AG's 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
www.alstria.de
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 provisionsparticularly 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
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15.06.2011 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
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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(at)alstria.de
Internet: http://www.alstria.de
ISIN: DE000A0LD2U1
WKN: A0LD2U
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Hamburg, München, Stuttgart
End of News DGAP News-Service
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128551 15.06.2011
Datum: 15.06.2011 - 07:48 Uhr
Sprache: Deutsch
News-ID 34383
Anzahl Zeichen: 0
contact information:
Kategorie:
Business News
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