alstria office REIT-AG
alstria office REIT-AG: alstria sells building in Eschersheimer Landstr. 55, Frankfurt
DGAP-News: alstria office REIT-AG / Key word(s): Disposal
Press release alstria sells building in Eschersheimer Landstr. 55, Frankfurt Hamburg, December 28, 2017 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the disposal of its asset in Eschersheimer Landstrasse 55 in Frankfurt. alstria has signed a binding notarized agreement for the sale of its asset in Eschersheimer Landstr. 55, Frankfurt, to Cresco Capital Group. The asset has a weighted unexpired lease term of 2 years and currently generates an annual rental income of approximately EUR 1.6 million. The building was sold for a total consideration of EUR 44 million. The final closing of the transaction, which is subject to customary conditions precedents, is expected in the course of the first quarter 2018. The transaction was brokered by CBRE. Contact: About alstria: Disclaimer:
28.12.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | alstria office REIT-AG |
Bäckerbreitergang 75 | |
20355 Hamburg | |
Germany | |
Phone: | 040-226 341 300 |
Fax: | 040-226 341 310 |
E-mail: | info@alstria.de |
Internet: | http://www.alstria.de |
ISIN: | DE000A0LD2U1 |
WKN: | A0LD2U |
Indices: | MDAX, EPRA, German REIT Index |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxemburg, SIX, Wien |
End of News | DGAP News Service |