Allen & Overy LLP has advised alstria office REIT-AG on its capital increase raising gross proceeds of approximately EUR 193 million. The 15,323,121 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 12.60 per share.

Morgan Stanley & Co. International plc and UBS Limited acted as Joint Bookrunners for the placement and Kempen & Co N.V. acted as Co-Lead Manager. Carina Jung and Isabelle von Bieberstein (both 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 Knut Sauer and Marc Plepelits (both Equity Capital Markets, Frankfurt), senior associates Dorothée Kupiek (Corporate, Dusseldorf) and Martin Schmidt (Equity Capital Markets, Frankfurt) as well as associate Nadine Kämper (Equity Capital Markets, Frankfurt).