Press Release

alstria signs new leases covering 4,490 square meters for its property Gasstrasse in Hamburg  

Hamburg, July 25, 2022 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of three new leases in Hamburg, representing a total area of 4,490 square meters.

alstria has signed all three new leases for its property Gasstrasse 18 in Hamburg. Combined unexpired lease term is 9.1 years and will generate an annual rental income of around EUR 885,000.  

Two leases representing 3,700 square meters were brokered by BNP Paribas Real Estate GmbH. The third lease representing 790 square meters was brokered by Angermann Real Estate Advisory AG.

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alstria office REIT-AG
Steinstr. 7
20095 Hamburg
Germany

Investor Relations             
Julius Stinauer                 
Tel.: -344             
Email:

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Further Information





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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. As of March 31, 2022, the portfolio comprises 110 buildings with a lettable area of 1.4 million square meters and a total portfolio value of EUR 4.8 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 several 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.