PropertyEU

Acquisitions boost profits at Alstria Office REIT

By A staff reporter 2012-02-22T00:00:00

Germany's Alstria Office REIT posted higher than expected results in 2011 mainly due to EUR 169 mln worth of acquisitions including the EUR 85 mln purchase of offices from Vastned O/I. The Hamburg-based real estate investment trust posted total revenues of nearly EUR 91 mln last year, up 1.9% on ...

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