DGAP-News: alstria office REIT-AG

Press release

alstria leases 3,100 sqm in Düsseldorf

Hamburg, November 2, 2017 - alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of two new leases in Düsseldorf.

Following the start of the marketing of its most recent development project in Düsseldorf, "Momentum" (former "Wehrhahn Center") alstria has signed its first lease contract on the asset. The new tenant will lease up approximately 1,900 sqm of office and ancillary space. The 7-year lease will start at the delivery of the asset around June 2018 and generates an annual rental income of EUR k 363. This first lease shows a rent increase per sqm of approx. 70%. The lease was brokered by BNP Paribas Real Estate GmbH.

Furthermore, alstria continued to reduce the vacancy in its asset "Am Seestern 1" in Düsseldorf. After the signature of a new lease for 7,600 sqm in May 2017 an existing tenant leased up another 1,300 sqm of office space. The new lease generates an additional annual rental income of EUR k 183.

"We are still seeing very supportive letting markets across Germany", says Olivier Elamine, CEO of alstria. "This is again demonstrated in Düsseldorf, where we are successfully leasing-up the assets which are being repositioned as part of the active management approach of the Company"

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 119 buildings with a lettable area of 1.6 million sqm and a total portfolio value of EUR 3.2 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.