alstria office REIT-AG: 6,500 square meters of additional space let in the Glocktower building in Düsseldorf

Press Release
 

6,500 square meters of additional space let in the Glocktower building in Düsseldorf
 

Hamburg, July 15, 2019 - Alstria Office-AG (symbol: AOX, ISIN: DE000A0LD2U1) reports on a new leasing success for its asset "Georg Glock-Str. 18" in Düsseldorf. The building was vacated by its previous single tenant at the end of 2017. With the signature of this new long-term lease comprising 6,500 square meters of office and ancillary space, the building is now completely stabilized.

The office building "Glockturm" is located in Georg-Glock-Str. 18 in Düsseldorf's submarket Kennedydamm. The asset comprises a lettable area of 10,800 square meters and was acquired by alstria in 2012. 

The lease was brokered by Cubion Immobilien AG, Düsseldorf.

Contact IR/PR: 
Ralf Dibbern
Steinstr. 7
20095 Hamburg
+49 (0) 40 226 341 329
rdibbern@alstria.de

Further Information:
www.alstria.com
www.beehive.work
www.twitter.com/alstria_REIT


About alstria:
Alstria Office 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 115 buildings with a lettable area of 1.5 million square meters and a total portfolio value of EUR 3.9 billion.

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-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.