Report
Manuel Martin, CEFA,CREA

Alstria Office REIT-AG : FY 2021 results overall slightly above our estimates and consensus

>Initial FFO I guidance 2022e below our estimates and consensus - alstria (AOX) published on 1 March after the market close its FY 2021 results which were overall slightly above our estimates and consensus. AOX provided an initial guidance for 2022e of c.€ 183m rental revenues and c.€ 106.0m FFO I which was below our respective estimates of € 186.6m (consensus: € 182.8m) and € 110.0m (consensus: € 116.1m).Increased refurbishment programme - AOX expect...
Underlying
Alstria office REIT-AG

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.

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Manuel Martin, CEFA,CREA

ResearchPool Subscriptions

Get the most out of your insights

Get in touch