Press Release


alstria signs new leases covering 2,900 square meters in Essen and Hamburg

Hamburg, January 12, 2023 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of two new leases in two of its redevelopment projects in Essen and Hamburg, representing a total area of 2,900 square meters.
alstria has signed a new lease in its property Friedrich-List-Str. 20 in Essen. The new lease covers 1.800 sqm of lettable area, will start in the third quarter of 2023 and has a lease term of 10 years. In total the building offers 9.200 sqm of modern office space in the centre of Essen. The lease was brokered by BNP Paribas Real Estate, Essen.   
With the signature of a new lease for 1.100 sqm alstria recorded further progress in its development asset Geesthof in Besenbinderhof 41, Hamburg. With this new lease the asset is 80% let, after it was fully refurbished over the past two years. The lease was brokered by hellomonday GmbH.

Friedrichstr. 20 / Essen

alstria office REIT-AG
Steinstrasse 7
20095 Hamburg, Germany    

Further Information

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. As of December 31, 2022, the portfolio comprises 108 buildings with a lettable area of 1.4 million square meters.

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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