Earnings release
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PRESS RELEASE Results for the first nine months 2026 Revenues of EUR 143.1 million FFO after minorities at EUR 60.1 million Equity up by 4.6% to EUR 1,733 million Net LTV down by 70 bps to 54.2% FY 2026 guidance confirmed Hamburg, November 3, 2026 — alstria S.à r.l. (“alstria”) announces its results for the first nine months 2026, reporting resilient revenues, continued profitability and an improved equity position. Financial performance: Revenues: Due to the strength of alstria’s operating business revenues remained at a resilient level of EUR 143.1 million in the reporting period (9M 2025: EUR 146.2 million). Net result: alstria generated a consolidated profit of EUR 49.0 million in the first nine months of 2026. Funds From Operations (FFO): FFO after minorities increased to EUR 60.1 million (9M 2025: EUR 39.9 million), primarily driven by the successful implementation of the company’s hedging strategy. Total equity: alstria’s total equity increased by 4.6% to EUR 1,733 million (Dec. 31, 2025: EUR 1,657 million), supported by the positive net result generated in the first nine months of 2026. Liquidity position: As of September 30, 2026, alstria maintained cash and cash equivalents of EUR 152.4 million and had access to an undrawn revolving credit facility of
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EUR 200 million, resulting in total available liquidity of EUR 352.4 million. Net financial debt: Net financial debt stood at EUR 2,434 million at the reporting date and was roughly stable compared to December 31, 2025 (EUR 2,450 million). In the course of the third quarter of 2026 alstria paid down mortgage debt in the amount of EUR 16.9 million in context with the disposal of real estate assets. Debt/(Debt+Equity): The Debt/(Debt+Equity) ratio at the company level improved to 58.4%, compared to 59.6% as of December 31, 2025. Portfolio Performance: Portfolio Value: The investment property portfolio stood at EUR 4,224 million as of September 30, 2026, representing an average value per sqm of around EUR 3,100, which remains substantially below replacement costs. Letting performance: During the first nine months of 2026, alstria signed 112,000 sqm of leases, including 43,800 sqm of new leases and 68,200 sqm of lease extensions. The leases signed during the period secured EUR 76.7 million of future rental income. Disposals: The company continues to focus on divesting non-core assets in order to deleverage and reinvest the proceeds, thus further strengthening the overall quality of its core portfolio. As of the end of the reporting period, alstria has sold four properties with a combined transaction volume of EUR 86.9 million, in line with their year-end 2025 valuation*. ESG data published alstria continues to provide transparent ESG data on its activities on an annual basis — a practice that began in 2010 and that the company remains committed to maintaining. The 2024 figures have been recalculated on a new data basis; 2013–2023 remain as published. The sustainability information is available on alstria’s website at alstria.eu. The EPRA sBPR tables for FY 2025 have been subject to limited assurance by EY and are available on the Company’s website at alstria.eu/sustainability today. Guidance for FY 2026 Based on its performance so far this year, alstria confirms its revenue forecast of EUR 192 million and FFO forecast of EUR 74 million for the full year 2026. Invitation to the conference call on November 4, 2026 alstria will detail the results and discuss future expectations during a conference call at 10:00 a.m. (CET) on November 4, 2026. Interested parties are invited to join the call, including a Q&A session. Registration details, access to the live webcast and presentation slides are available on our website at https://alstria.eu. RegistrationLink * The transaction volume of EUR 86.9 million compares to a 2025 valuation of EUR 91.6 million for the respective assets.
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About alstria alstria invests in office real estate in the major German economic centers. As a fully integrated company, we manage our properties throughout their life cycle. From the acquisition to letting, ongoing management, modernization, and dispositions, alstria has the expertise in house. 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 Group (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.