Alstria Office REIT raises EUR 61m for German deal

Germany's Alstria Office REIT has raised nearly EUR 61 mln via a capital increase to finance the acquisition of a EUR 95 mln core-plus office portfolio in Germany. In a statement on Wednesday, Hamburg-based Alstria said it has placed over 7 million ordinary shares at a price of EUR 8.5 per share, lifting its nominal share capital to nearly EUR 79 mln.

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