Existing tenant commits on 5,600 sqm in Düsseldorf
PRESS RELEASE

Existing tenant commits on 5,600 sqm in Düsseldorf

Hamburg, August 27, 2024alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) is pleased to announce a significant leasing success for its property at Am Seestern 1 in Düsseldorf. The company has signed a new long-term lease for 5,600 square meters of rental space with Alloheim, which maintains its headquarters in the building.

alstria has been investing in increasing the ESG credentials of the property and is currently converting the heating system to district heating. In this context, Alloheim will be provided with 20 additional e-charging parking spaces, enhancing the building’s sustainability features and meeting the growing demand for electric vehicle infrastructure.

CBRE Düsseldorf brokered the lease extension.

Am Seestern 1, a prominent building in the Seestern submarket, comprises a total lettable area of 35,800 square meters. alstria acquired the building in 2015, and it currently houses operations from major German and European blue-chip corporations, including Commerzbank and ATOS.
alstria office REIT-AG
Steinstrasse 7
20095 Hamburg, Germany    

Further Information 
www.alstria.com
www.sternhoehe.de
www.beehive.work
www.linkedin.com/company/alstria-office-reit-ag

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. 

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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Steinstraße 7
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