Alstria Office REIT-AG : Alstria remains positive on the prospects for office properties in general
>FY 2019 results in line – initial 2020 guidance below consensus… - On Wednesday evening after the market close (26 February), Alstria (AOX) released its FY 2019 figures which were in line with our estimates and initial guidance for FY 2020e which was below the consensus. Rental revenues slightly declined y-o-y to € 187.5m (-3.0% y-o-y), a touch below our estimate of € 189.0m, the consensus of € 188.5m and the company guidance of about € 190m. Property valuation ...Alstria Office REIT is a real estate property corporation. Co. is engaged in the acquisition, management, operation and sale of owned real estate property, as well as the holding of participations in enterprises, which acquire, manage, operate and sell owned property. The services provided by Co. is primarily focused on letting activities to commercial property tenants in Germany. As of Dec 31 2013, Co.'s portfolio consisted of 75 office properties and one retail property with a total of approximately 894,300 square meters of lettable area.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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