Alstria office REIT-AG Confirms Squeeze Out Plan

Alstria office REIT-AG announced a finalized demand for a squeeze-out concerning its minority shareholders. BPG Holdings Bermuda Limited, a Brookfield Corporation subsidiary, confirmed the demand for the squeeze-out, including a cash compensation of EUR 5.11 per share. This initiative follows the initial announcement made on September 18, 2024. Alstria's management board acknowledged the confirmation and noted the requirement for approval during an extraordinary general meeting anticipated in Q1 2025.

The squeeze-out represents a significant move under stock corporation law, intending to transfer shares from minority shareholders to BPG Holdings. This process will formalize once the extraordinary general meeting approves it and it is entered into the commercial register.