Alstria Office Reit €500 million bond issue

Overview:

• German listed property group, Alstria Office Reit, placed a €500 million bond on the Luxembourg Stock Exchange to refinance DO Deutsche Office, which it acquired in October 2015. 
• The unsecured bond has a fixed interest rate of 2.125% until April 12, 2023. 
• Alstria - Germany's first Reit - acquired Deutsche Office through an €800 million all-share takeover in 2015. 
• The bond was the second Alstria has sold, following on from its debut issue of around €500 million in 2015.

Ben Naylor - Regional Editor