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Olivier Elamine

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Brad Hyler - Brookfield

Brookfield

The rumours of an Alstria Office REIT-AG takeover, which we reported on in REFIRE back in August, have proved indeed to have substance to them, despite denials by Alstria of ongoing negotiations at the time. Read more

Companies

Real Estate Market

© liufuyu

Rumours have been swirling around Germany's first-ever REIT, Alstria Office REIT-AG for several weeks, which has led to a steady - and then sudden - rise in the share price. Canadian investment firm Brookfield Asset Management is thought... Read more

Companies

Forecast

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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

Companies

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

Investment

Office Space

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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

Companies

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

Investment

Schuldschein

fotografin - Fotolia.com

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

Companies

Convertible Bonds

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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

Companies

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

Companies

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

Companies

Deal

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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

Investment