alstria office REIT-AG: alstria secures first tenant for its Mannheim repositioning project

Hamburg (pta024/01.09.2021/17:40 UTC+2)

Hamburg, September 1, 2021 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of a new lease in Mannheim.

alstria has signed a new long-term lease for the property ‘Augusta Grand’ at Augustaanlage 60 in Mannheim. The tenant will lease 2,900 square meters of office space for a term of ten years, which represents 75% of the area in the low-rise building. The lease will start in the third quarter of 2022 and the annual rental income will be around EUR 574,000. 

alstria is currently refurbishing the former Bilfinger Berger headquarters, composed of three buildings, one of which is being converted into residential use.

The lease was brokered by Cushman & Wakefield.

---

Investor Relations
Julius Stinauer 
20095 Hamburg, Germany
Tel: +49 40 22 63 41 - 344       
E-mail: jstinauer@alstria.de    

Press Contact
Philip Angrabeit
Steinstr. 7
20095 Hamburg, Germany 
E-mail: pangrabeit@alstria.de

Further Information
www.alstria.com
www.beehive.work
www.green-dividend.com
www.twitter.com/alstria_REIT
www.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 of June 30, 2021, the portfolio comprises 110 buildings with a lettable area of 1.4 million square meters and a total portfolio value of EUR 4.6 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 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. 

The current COVID-19 outbreak is creating substantial uncertainty in the marketplace. Although alstria has diligently reviewed the information contained in this release it is based on its own analysis and estimate, as well as available public sources and not on active discussion with tenants. As such the current liquidity risk of the tenants can materially differ from alstria’s own estimate, and the actual impact of the COVID 19 outbreak may differ substantially from the current previsions.

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.

(end)

Emitter:	alstria office REIT-AG Steinstraße 7 20095 Hamburg Germany
Contact Person:	alstria office REIT-AG
Phone:	+49 40 226341-344
E-Mail:	ir@alstria.de
Website:	www.alstria.de
ISIN(s):	DE000A0LD2U1 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Hannover, Munich, Stuttgart, Tradegate
Other Stock Exchanges:	London, Börse Luxemburg, SIX, Wiener Börse