Hamburg, July 30, 2019 – The valuation of the real estate portfolio of alstria office REIT-AG (“alstria”, ISIN DE000A0LD2U1) as of June 30, 2019 conducted by the independent appraiser Savills Advisory Services Germany GmbH & Co. KG will lead to a positive effect on alstria’s income statement of approximately EUR 200 million (EUR 1.12 per share). The reasons for the valuation uplift are revaluations of individual properties due to new lettings and a further adjustment of the portfolio value to the current market environment.
The value of alstria’s real estate portfolio amounts to EUR 4.2 billion as of June 30, 2019.
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