Press release
alstria is awarded the 2014 CDP Climate Action Award
Hamburg, October 21, 2014 – alstria office REIT-AG (symbol: AOX, ISIN: DE000A0LD2U1), the leading German office REIT, has been awarded the CDP Climate Action Award, at the latest DACH Climate Leadership Award Conference & Ceremony that took place in Munich on October 16th 2014.
This award was attributed to alstria for the substantial reduction of alstria’s GHG emissions (scope 1 and 2). This result was achieved by alstria through a systemic procurement of energy produced from renewable sources only. While currently this policy was implemented on only a part of alstria’s portfolio, it is alstria’s goal to roll it over the entire assets of the Company. This should allow for a further reduction of emissions going forward.
alstria was the first listed real estate company to publish a CSR report and will be publishing its updated 2014 report on November 4th 2014.
“We are very proud of this reward, that not only compares our performance with our real estate peers, but with the wider economy”, says Olivier Elamine, CEO of alstria. “It is a testimony that the choices that we have made, to focus our resources on what matters, rather than on Green Building certification or other marketing tools, yield higher and lead to more sustainable results”.
About alstria:
alstria office REIT-AG is an internally managed Real Estate Investment Trust (REIT) focused solely on acquiring, owning and managing office real estate in Germany. alstria was founded in January 2006 and was converted into the first German REIT in October 2007. Its headquarters are in Hamburg. The Company owns a diversified portfolio of properties across attractive German office real estate markets. As of June 30, 2014 the portfolio comprised 74 properties with an aggregate lettable space of 881,300 sqm and is valued at approximately EUR 1.6 bn. The alstria office REIT-AG strategy is based on active asset and portfolio management as well as on establishing and maintaining good relationships with key customers and decision makers. alstria focuses on long-term real estate value creation.
Contact:
Ralf Dibbern, IR/PR
Phone: +49 (0) 40 226 341 329
Email: rdibbern@alstria.de
More information on:
www.alstria.com
www.alstria.blogspot.com
www.twitter.com/alstria_REIT
About CDP:
The Carbon Disclosure Project (CDP) is an independent not-for-profit organization providing a transformative global system for companies to measure, disclose, manage and share climate change information. Over 3,700 companies across the world’s largest economies now measure and disclose their greenhouse gas emissions and assessment of climate change risk and opportunity through CDP, in order that they can set reduction targets and make performance improvements. This data is gathered on behalf of 551 institutional investors, holding US$71 trillion in assets. For more information visit http://www.cdp.net/.
Disclaimer:
This release constitutes neither an offer to sell nor a solicitation of an offer to buy any shares. As far as this press release contains forward-looking statements with respect to the business, financial condition and results of operations of alstria office REIT-AG (alstria), these statements are based on current expectations or beliefs of alstria’s management. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those reflected in such forward-looking statements. Apart from other factors not mentioned here, differences could occur as a result of changes in the overall economic situation and the competitive environment – especially in the core business segments and markets of alstria. Also, the development of the financial markets and changes in national as well as international provisions particularly in the field of tax legislation and financial reporting standards could have an effect. Terrorist attacks and their consequences could increase the likelihood and the extent of differences. alstria undertakes no obligation to publicly release any revisions or updates to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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