Olivier Elamine


© sdecoret -

Germany's two domestic REITS, Alstria Office AG and Hamborner REIT AG, both issued upbeat statements after the first half of 2017, and both raised their full-year FFO forecasts against a still very benign German economic background. Read more


Alexander Dexne - ZIA Zentraler Immobilien Ausschuss e.V.

ZIA Zentraler Immobilien Ausschuss e.V.

Listed German real estate firm Alstria Office REIT AG said recently it planned to double its portfolio to €6bn from its current €3bn over the coming years, without being more specific as to when it could achieve this. (See below for details on... Read more


Office Space

© XtravaganT -

Germany's first REIT, the Hamburg-based Alstria Office REIT AG, has just completed a splurge of disposals of what it described as 'non-core' office properties. In a series of transactions it sold seven office properties valued at €116.8m at what... Read more


Dr. Christoph Schumacher - Union Investment

Union Investment

Fund manager Union Investment and campus specialist Investa Capital Management (ICM) have launched an alternative investment fund in the form of a Spezialfonds, targeting German office campus properties offering flexible workplace solutions. The... Read more



fotografin -

Germany's first and original REIT, the Hamburg-based alstria Office REIT AG, has placed its first 'Schuldscheindarlehen', or unsecured promissory note with a total volume of €150m. This is the first time that a listed German real estate company... Read more


Convertible Bonds

© moonrise -

Germany's first REIT, the Hamburg-headquartered Alstria Office REIT AG, placed its second €500m corporate bond to conclude the refinancing of its October 2015 takeover of DO Deutsche Office. Read more


Ernst Merck Str. - Alstria

alstria office REIT-AG

The board at Germany's first REIT, the Hamburg-based Alstria Office REIT AG has received a resounding 'yes' from its shareholders for the required capital increase as a prelude to its announced voluntary public takeover offer of fellow-listed DO... Read more


Office Building

© demonishen -

German investor Alstria Office REIT has already effectively got the green light to taking control of a competitor, Deutsche Office (DO), in an all-share deal that values its target at €800m. Read more



© Reicher -

Hamburg-based Alstria Office REIT has scored a significant coup in refinancing a €544m syndicated loan, which sees it lowering its interest rate, boosting projected cash flow and reducing its overall debt maturity profile. Read more