Alstria office REIT : Leasing success in Stuttgart
June 29, 2021 at 09:24 pm IST
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- alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1) announces the signature of a new lease for the office campus Sternhöhe at Epplestrasse 225 in Stuttgart.
The new tenant will lease approximately 1,600 square meters of office and ancillary space for a term of seven years. The lease will start in the first quarter of 2022 and the annual rental income will be around EUR 318,000. With this new lease, alstria has leased 100 percent of the 13,000 square meters of space available in the first modernization phase at Sternhöhe Möhringen. Additional space will be available from the fourth quarter of 2022, as alstria continues to convert the site into a multi-tenant campus.
The lease was brokered by Jones Lang LaSalle SE.
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Alstria Office REIT-AG published this content on 29 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2021 15:53:05 UTC.
alstria office REIT AG is a Germany-based real estate investment trust (REIT) that focuses on acquiring, owning and managing office real estate in Germany. The Companyâs real estate operations cover asset management, property and technical management, as well as the office planning. It owns a portfolio of approximately 120 properties across Germany in Hamburg, Berlin, Bonn, Detmold, Dortmund, Dresden, Dusseldorf, Erfurt, Essen, Frankfurt, Halle, Hannover, Jena, Koln, Leipzig, Magdeburg, Mannheim, Munich, Neuss, Nurnberg, Potsdam, Stuttgart, Wiesbaden, Wuppertal, Wurzburg and Zwickau.