- Business
- alstria office REIT-AG alstria office REIT-AG is a leading German real estate investment trust focused on acquiring, owning, managing and redeveloping premium office properties in major economic hubs including Hamburg, Düsseldorf, Frankfurt, Stuttgart and Berlin. The company, founded in 2006 and headquartered at Steinstraße 7 in Hamburg, Germany, operates as a fully integrated manager overseeing its portfolio of approximately 106 properties with a total lettable area of 1.38 million square meters through the entire lifecycle, encompassing acquisition, letting, modernization, active asset management and selective disposal; it generates stable rental income from long-term leases with an average weighted term exceeding five years, emphasizes local market expertise, strong tenant relationships and ESG integration, and maintains operational presence via offices in each core city. alstria office REIT-AG recently completed its transition to private ownership following Brookfield Asset Management's voluntary public takeover offer in 2021 for €19.50 per share and subsequent squeeze-out of minority shareholders approved by the general meeting in June 2025; it issued a €500 million corporate bond in March 2025 supported by a tender offer for existing bonds, published its 2024 annual financial report in March 2025, released the Q1 2025 financial report in May 2025, and appointed Maximilian Koch as CEO of alstria advisors GmbH, its exclusive advisor, in June 2025 to drive portfolio optimization, sustainable growth and value creation under Brookfield's strategic partnership.