- alstria acquires an attractive office building in Hamburg
- Property is fully let and has immediate positive impact on alstria's cash flow
alstria office REIT-AG, an internally managed Real Estate Investment Trust (REIT), has agreed to acquire a single office building in Hamburg. The asset is fully let and will therefore contribute to alstria's cash flow with immediate effect.
The acquired office building is located in Hamburg City-Süd and was erected in 1994. It provides a lettable area of around 6,600 sqm and is let to two first class insurance companies. The lease contracts have an average lease length of
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