Signature of a new lease in Cologne






PRESS RELEASE

Signature of a new lease in Cologne

Hamburg, May 16, 2024 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of a new lease in Cologne.
 
alstria has signed a new 10-year lease for its property Maarweg 165 in Cologne. The tenant, an IT service company, will lease around 2,500 square meters of office and ancillary space. The lease will start in the fourth quarter of 2024 and was brokered by Savills Immobilienberatungs GmbH, Cologne.

The building Maarweg 165 in Cologne-Ehrenfeld comprises a lettable area of 22,800 sqm, was built in 1993 and modernised in 2004-2007.

alstria office REIT-AG
Steinstrasse 7
20095 Hamburg, Germany    

Further Information 
www.alstria.com
www.sternhoehe.de
www.beehive.work
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. 

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.

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