DGAP-News: alstria office REIT-AG: Another 2,700 sqm lease in 'Momentum'

Press release

Another 2,700 sqm lease in "Momentum"

Hamburg, June 18, 2018 - alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of another new lease in its development asset "Momentum" in Düsseldorf.

With the signature of another sizable new leasing contract alstria can report on further progress in its development project "Momentum" (Am Wehrhahn 33, Oststrasse 10, Düsseldorf). The new tenant will lease up approximately 2,700 sqm of office and ancillary space. The 10-year lease will start in January 2019 and will generate an annual rental income of EUR k 560.

The new lease exceeds the rent level prior to the refurbishment by around 70%. With this new lease the building is more than 60% let after alstria started the marketing of the building last year.

The lease was brokered by Colliers International GmbH, Düsseldorf.

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

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 116 buildings with a lettable area of 1.6 million sqm and a total portfolio value of EUR 3.4 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. 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.