Hamburg, July 23, 2018 - alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of two new leases in its asset Gasstrasse 18 in Hamburg.
Over the past days alstria signed two new leasing contracts in its asset Gasstrasse 18 in Hamburg. The first tenant will lease up approximately 1,200 sqm of office and ancillary space. The 5-year lease will start on November 1, 2018 and generates an annual rental income of EUR k 203. A second lease comprises 1,800 sqm of office and ancillary space and was signed for a lease-term of 10 years. This lease will start on February 1, 2019 with an annual rent of EUR k 353.
The asset Gasstrasse 18 is a business park located in Hamburg-Bahrenfeld, comprising six office buildings and since early 2017 a Beehive co-working space. alstria acquired the 25,100 sqm office complex in 2015 and is currently refurbishing the asset.
Add a picture. If not available from the asset, use a picture from Beehive in Gasstrasse
Contact:
More information on:
Ralf Dibbern, IR/PR
www.alstria.com
Steinstrasse 7
www.beehive.work
20095 Hamburg
www.twitter.com/alstria_REIT
+49 (0) 40 226 341 329
rdibbern@alstria.de
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. The portfolio comprises 116 buildings with a lettable area of 1.6 million sqm and a total portfolio value of EUR 3.4 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 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.
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Alstria Office REIT-AG published this content on 23 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 July 2018 15:52:04 UTC
alstria office REIT AG is a Germany-based real estate investment trust (REIT) that focuses on acquiring, owning and managing office real estate in Germany. The Companyâs real estate operations cover asset management, property and technical management, as well as the office planning. It owns a portfolio of approximately 120 properties across Germany in Hamburg, Berlin, Bonn, Detmold, Dortmund, Dresden, Dusseldorf, Erfurt, Essen, Frankfurt, Halle, Hannover, Jena, Koln, Leipzig, Magdeburg, Mannheim, Munich, Neuss, Nurnberg, Potsdam, Stuttgart, Wiesbaden, Wuppertal, Wurzburg and Zwickau.
ALSTRIA OFFICE REIT-AG 
