Alstria office REIT : Presentation on the speeches of the management board members
April 12, 2021
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ANNUAL GENERAL MEETING
MAY 6, 2021
HIGHLIGHTS FY 2020
Solid profit
net income of EUR 168 million
EPRA Net Tangible Assets (former net asset value)
increase by 2.4 % to EUR 18.34 per share
Net LTV
drops to a new low of 27.0 %
Operating profit margin
at a historic high of 61.4 %
Georg-Glock-Str. 18, Düsseldorf
alstria office REIT-AG
Annual General Meeting 2021
2
VALUATION GAIN OF EUR 62 MILLION
Valuation gain reflects the operational success including our refurbishment activities but also a further increasing price level in German office markets
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Uplift of the real estate portfolio by EUR 61.5 m (+ 2.6 % compared to Dec. 31, 2019)
Portfolio value as of Dec. 31, 2020: EUR 4.6 bn
Uplift increases EPRA Net Tangible Assets (former Net Asset Value) to EUR 18.34 per share
Am Seestern 1, Düsseldorf
alstria office REIT-AG
Annual General Meeting 2021
3
SELECTED BALANCE SHEET POSITIONS
INVESTMENT PROPERTIES in EUR million
4,439 2.6 % 4,556
Dec. 31, 2019
Dec. 31, 2020
NET FINANCIAL DEBT in EUR million
1,214 1.9 % 1,237
Dec. 31, 2019
Dec. 31, 2020
EQUITY in EUR million
3,176 2.4 % 3,252
Dec. 31, 2019
Dec. 31, 2020
RATIOS
G-REITequity ratio: 71.1 %
Net LTV: 27.0 %
EPRA NTA per share: up by 2.4 % to EUR 18.34
alstria office REIT-AG
Annual General Meeting 2021
4
FFO IN LINE WITH GUIDANCE
GROSS RENTAL INCOME in EUR k
187,467 - 5.5 % 177,063
Dec. 31, 2019
Dec. 31, 2020
SG&A in EUR k
Dec. 31, 2019
Dec. 31, 2020
- 27,986 - 3.4 %- 27,028
FUNDS FROM OPERATIONS (FFO) in EUR k
112,571 - 3.5 % 108,673
Dec. 31, 2019
Dec. 31, 2020
RATIOS
FFO (after minorities): EUR 0.61 per share
FFO margin: 61.4%
EPRA cost ratio: 22.1 %
alstria office REIT-AG
Annual General Meeting 2021
5
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Alstria Office REIT-AG published this content on 13 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 April 2021 01:17:00 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.
ALSTRIA OFFICE REIT-AG 
