DGAP-Adhoc: alstria office REIT-AG: Portfolio value increases to approx. EUR 4.4 billion as per December 31, 2019

2020. január 13., hétfő, 10:53





DGAP-Ad-hoc: alstria office REIT-AG / Key word(s): Real Estate


alstria office REIT-AG: Portfolio value increases to approx. EUR 4.4 billion as per December 31, 2019


13-Jan-2020 / 10:53 CET/CEST


Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.


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




Ad hoc Notification pursuant to Article 17 MAR



Portfolio value increases to approx. EUR 4.4 billion as per December 31, 2019



- Full year 2019 revaluation gain of approx. EUR 450 million (EUR 2.53 per share)



- Revaluation gain of approx. EUR 250 million (EUR 1.41 per share) in the second half of 2019



Hamburg, January 13, 2020 - The valuation of the real estate portfolio of alstria office REIT-AG ("alstria" , ISIN DE000A0LD2U1) as of December 31, 2019 conducted by the independent appraiser Savills Advisory Services Germany GmbH & Co. KG will lead to a positive effect on alstria"s full year 2019 income statement of approximately EUR 450 million (EUR 2.53 per share). Thereof EUR 199 million (EUR 1.12 per share) have already been booked in the first half of 2019.



The value of alstria"s real estate portfolio amounted to EUR 4.4 billion as of December 31, 2019.



Contact: 

alstria office REIT-AG

Ralf Dibbern

Head of IR & PR

Steinstrasse 7

20095 Hamburg

Germany

T +49 40 22 63 41-329

F +49 40 22 63 41-229

rdibbern@alstria.de

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

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. As per December 31, 2019 the portfolio comprised 116 buildings with a lettable area of 1.5 million m2.




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.






 








13-Jan-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de





























Language: English
Company: alstria office REIT-AG

Steinstraße 7

20095 Hamburg

Germany
Phone: 040-226 341 300
Fax: 040-226 341 310
E-mail: info@alstria.de
Internet: http://www.alstria.de
ISIN: DE000A0LD2U1
WKN: A0LD2U
Indices: MDAX, EPRA, German REIT Index
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX, Vienna Stock Exchange
EQS News ID: 951737





 
End of Announcement DGAP News Service




951737  13-Jan-2020 CET/CEST







fncls.ssp?fn=show_t_gif&application_id=951737&application_name=news&site_id=geo_holding_tug
Tilos a hír bármilyen adatbázisba történő mentése vagy annak továbbítása harmadik fél számára;kereskedelmi viszonylatban vagy kereskedelmi céllal csak a Deutsche Gesellschaft für Ad-hoc-Publizität mbh írásos engedélyével történhet.

Közzétételek - archívum