Portfolio
We are the leading real estate manager in Germany and concentrate our activities on office properties in selected German core regions. We actively manage our portfolio over the entire lifecycle of the buildings and create sustainable value for our tenants and investors.
Overview &Map
Our portfolio comprises 106 high-quality commercial properties with a total lettable area of 1.4 million square meters and a total value of EUR 4.0 billion. The modern and historic buildings are located in the large and liquid German office markets of Hamburg, Düsseldorf, Frankfurt, Stuttgart and Berlin, where we are represented by local offices.
DevelopmentProjects
Our strategy is based on the active management of our properties over their entire life cycle. As specialists in the development and revitalisation of buildings of all ages, our goal is to meet the requirements of tomorrow’s tenants. In this way, we use the existing building substance, protect its appearance and create room concepts that combine high functionality with modern equipment. Thereby, modernisation is significantly more climate-friendly due to the lower CO2 emissions compared to new construction. Our experienced team of architects, civil engineers, urban planners and business economists accompanies every project, from the initial concept to successful completion.
Current Projects
Geesthof
Carl-Reiss-Platz 1-5
Gustav-Nachtigal-Straße 3-5
Rotebühlstr. 98-100
Solmstrasse 27-37
Vaihinger Strasse 131
Geesthof
The Geesthof was built in 1927 in the heart of Hamburg’s St. Georg district. A particular challenge during the construction phase is the subway tunnel, which passes the building on the first basement level. During the war in 1943, the building was heavily damaged and lost several floors. The rail line was also badly affected and not put back into service after the end of the war. In the course of the development, the historic cubature of the listed building will be restored, and the missing upper floor will be newly constructed. The art styles of Expressionism and Bauhaus in the interior as well as on the facade will be restored and integrated into the usage concept.
Carl-Reiss-Platz 1-5
In 2008, we acquired the three office buildings on Carl-Reiß-Platz, which are part of the representative Augustaanlage. An essential part of the revitalization is the complete separation of the buildings, which are currently still structurally and technically connected. An individual concept tailored to each building will create solitary characters in an harmonious ensemble. The modern facade design, in combination with the new building facilities, significantly improves energy efficiency. At the same time, previously inefficient room structures are being dissolved in order to realize contemporary and sustainable space and office concepts. Overall completion is scheduled for 2022. A total of 18,380 square meters of modern office and residential space will then be available.
Gustav-Nachtigal-Straße 3-5
The three office buildings at Gustav-Nachtigal-Str. 3-5 were built in Wiesbaden between 1984 and 1992. After the acquisition of the third building in 2018, the opportunity arose to develop and reposition the 26,000-square-meter campus. We had already been in contact with the Bundesanstalt für Immobilienaufgaben (Institute for Federal Real Estate) regarding a lease since 2017 and signed a significant lease agreement in 2020. Due to the high demands of the future tenants, the function of the buildings is absolutely central. Our flexible development concepts allow us to successfully implement even the highest technical requirements, as in this project.
Rotebühlstraße 98-100
The 6 to 7-storey office building was constructed in the early 1980s and is undergoing extensive refurbishment as the building technology is almost 40 years old and therefore no longer up to date. The refurbishment will focus on sustainability, the technology will be brought to the latest standards and a modern office layout will be designed. To give the building a modern appearance, the façade will also be renewed, while retaining the structure of the building. After the refurbishment, we will move into our new Stuttgart office there.
Solmstraße 27-37
Extensive modernization measures are currently ongoing in the 2011 built property. The aim of the refurbishments is not only to increase the quality of the asset, but also to significantly improve energy efficiency and thus reduce CO2 footprint. For the first time, therefore, modernization is being partly financed by KfW Banking Group under the Energy Efficiency Program. The refurbishment will be completed by the end of 2021 and substantial long-term leases have already been signed.
Vaihinger Strasse 131
The property in the central Stuttgart district of Möhringen was built in 1992 and consists of a low-rise building and a high-rise building. At the moment, the building’s spaces are being modernised and rearranged to a high standard. In addition, the focus of this refurbishment is on increasing energy efficiency. In the course of this process, considerable savings in energy consumption will be achieved and thus the CO2 footprint of the buildings will be significantly improved.
Track Records
Alte Post
Bieberhaus
Kaisergalerie
Holstenhof
Momentum
Mundsburg Tower
Alte Post
Built in 1849, this was the largest administrative building in Hamburg’s Neustadt at the time. In 1971, the first extensive reconstruction took place, during which the basement was converted into a shopping aracade and the transformation of the city center into a mall district was initiated. Between 2010 and 2012, the building with its distinctive clock tower was gutted and restored in detail according to the historical construction documents. During the reconstruction, the original floors were restored, two additional floors were added, and the façade was rebuilt true to the original. An outstanding alstria project which received international recognition and was awarded the Special Jury Award 2012 at the international real estate trade fair MIPIM.
Bieberhaus
The Bieberhaus in Hamburg’s St. Georg district was built in 1910. It survived the Second World War undamaged, is a listed building and has been in our portfolio since 2006. The building impresses with its historic façade, the representative entrance area and the rooms that are up to 4.80 meters high. After the acquisition, the modernization of the retail area and the construction of the well-known Ohnsorg Theater were among the building’s significant milestones. During the modernization, the listed stylistic elements inside as well as the prominent facade were professionally restored. The building was named after the principal of the former boys’ school of St. Georg, which was once located on the grounds.
Kaisergalerie
The Kaisergalerie was built in 1909 in the heart of Hamburg between the Hanseviertel and Bleichenfleet and renovated in 2011. Due to the listed status of the office and retail building, the renovations were particularly challenging. During the work, the historic architecture with its high pillars and other sandstone figures was extensively restored. Particularly impressive about the 82-metre-long Kaisergalerie are the ceilings, which are up to 7.5 metres high. After the refurbishment, a classic passage was created with all the architectural details from its founding period.
Holstenhof
The building was constructed in 1901 as the Holstenhof in Kontorhaus style and is located in Hamburg’s Neustadt district. Special highlights of the building are the historic façade and the elegant staircase. During the modernisation, it was particularly important to professionally restore the listed appearance. The Holstenhof impresses with its bright and naturally lit office space and characterises the cityscape with its historic appearance.
Momentum
The former Wehrhahn-Center was built in 1985 and consists of five construction elements with seven floors. The ground floor contains gastronomy and retail space, and office space is located on the floors above. Due to poorly divided areas, technical deficiencies and a façade that had fallen out of date, the building has been extensively refurbished since 2014. The result is a representative and modern office complex with retail outlets and gastronomy that blends harmoniously into the cityscape.
Mundsburg Tower
In 1973, the three 24-storey buildings were built in the Mundsburg district of Hamburg. Since then, the towers, which are around 100 metres high, have shaped Hamburg’s cityscape with their distinctive design and height. Between 2010 and 2012, the Mundsburg Office Tower with a total area of 9,500 square meters was completely refurbished and awarded the DGNB silver sustainability certificate. Inside the building, the created building structure with high-quality furnishings offers a flexible and diverse room layout with a light-flooded working atmosphere. In addition, the Mundsburg Tower offers a panoramic view over Hamburg that is unparalleled.
Acquisition Profile
A strong portfolio is the basis for strategic growth and we are always looking for attractive investment opportunities. Our focus is exclusively on commercial properties in established locations. We are always interested in property offers that meet our criteria.
Letting
alstria owns and manages a diversified portfolio of prime office properties in attractive locations throughout Germany. We offer modern and sustainable space and are committed to maintaining and developing trustful relationships with our tenants.
Are you looking for a suitable object? Here you will find an overview of our properties.
For individual requirements please contact us personally.
