Allen & Overy LLP has advised alstria office REIT-AG on its capital increase raising gross proceeds of approximately EUR 102.7 million.

The 7,901,847 new shares (10% of the company’s registered pre-transaction share capital) from alstria office REIT-AG’s authorized capital have been placed under exclusion of statutory preemptive rights with German and international institutional investors in an accelerated bookbuilding procedure at a price of EUR 13.00 per share.

Deutsche Bank Aktiengesellschaft and UBS Limited acted as Joint Bookrunners in relation to the transaction. Carina Jung (Deputy Head of Legal) managed the transaction on behalf of alstria office REIT-AG’s legal department.

The Allen & Overy team comprised partners Dr Hans Diekmann (Corporate, Dusseldorf), Dr Oliver Seiler and Marc Plepelits (both International Capital Markets, Frankfurt) as well as associates David Rath (International Capital Markets, Frankfurt) and Dorothée Kupiek (Corporate, Dusseldorf).