Brief: Alstria Office REIT Sells Three Non-Core Assets

Alstria Office REIT AG

05/10/2020 16:43

Oct 5 (Reuters) - ALSTRIA OFFICE REIT AG  AOXG.DE :
    * ALSTRIA SELLS THREE NON-CORE ASSETS FOR EUR 44.3 MILLION
POST
LOCKDOWN AT A BOOK GAIN OF 11.6% TO RECENT APPRAISED VALUE
    * TOTAL CONSIDERATION FOR ALL THREE TRANSACTIONS AMOUNTED TO
AROUND EUR 44.3 MILLION AND COMBINED ANNUAL RENTAL INCOME OF
DISPOSED ASSETS WAS EUR 1.9 MILLIO
    * TRANSFER OF BENEFITS AND BURDEN IS EXPECTED TO TAKE PLACE
IN Q4
OF 2020.

Source text for Eikon:  ID:nPexgHv12a 
Further company coverage:  AOXG.DE 

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