DGAP-News: alstria office REIT-AG / Key word(s): Miscellaneous
alstria office REIT-AG: alstria leases around 3,500 sqm in Dusseldorf
15.08.2011 / 07:02
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Press release
alstria leases around 3,500 sqm in Dusseldorf
- Successful letting of property in Dusseldorf-Benrath
Hamburg, August 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 property in Dusseldorf-Benrath.
The new tenant, a service provider in the health care sector, signed a
10-year lease contract for around 3,500 sqm of office and ancillary space
in the 5,000 sqm building. The start of the lease is planned for the third
quarter of 2011, immediately after the building will be vacated by the
current tenant.
'We are seeing a very dynamic leasing market, and this new success,
underlines alstria's ability to take advantage of the current market
condition', said Olivier Elamine, CEO of alstria. 'This is the second time
this year where alstria was able to secure a new tenant prior to the expiry
of the previous lease, adding up to our strong asset management track
record'.
The lease transaction was brokered exclusively by ANTEON Immobilien GmbH &
Co.KG.
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. 814,000
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@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 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
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15.08.2011 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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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@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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135637 15.08.2011
DGAP-News: alstria office REIT-AG: alstria leases around 3,500 sqm in Dusseldorf
| Source: EQS Group AG