DGAP-News 293 0 Kommentare alstria office REIT-AG: alstria leases additional 2,300 sqm in the Kastor building (Frankfurt)

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alstria office REIT-AG: alstria leases additional 2,300 sqm in the Kastor building (Frankfurt)

13.03.2017 / 17:39

The issuer is solely responsible for the content of this announcement.

Press release

alstria leases additional 2,300 sqm in the Kastor building (Frankfurt)

Hamburg, March 13, 2017 - alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of a new lease for its asset Platz der Einheit 1 (Kastor), Frankfurt.

The new tenant will lease up approximately 2,300 sqm of office and ancillary space. The five years lease will start on July 1, 2017 and generates an annual rental income of EUR 514 k.

"We are pleased to announce a new leasing success in our Kastor building, which is now more than 90% let" says Olivier Elamine, CEO of alstria. "The leasing market we are operating in remains fluid and we are benefitting from a continuing demand for efficient office space."

The lease was brokered by BNP Paribas Real Estate GmbH.

Contact:

Ralf Dibbern, IR/PR

Bäckerbreitergang 75

20355 Hamburg

Phone: +49 (0) 40 226 341 329

Email: rdibbern@alstria.de

More information on:
www.alstria.com
www.twitter.com/alstria_REIT
www.alstria.blogspot.com
www.beehive.work

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 108 buildings with a lettable area of 1.5 million sqm and a total portfolio value of EUR 3.0 billion.