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28 May 2012

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Hamburg's alstria nears REIT-equity minimum

German REIT alstria office posted first quarter revenues and funds from operations down 10% and recorded net profit of E8.4m, turning round a loss. It remains focused on boosting its equity ratio back above the 45% minimum allowed for German G-REITs. alstria's REIT-equity ratio rose to 44.1% from 40.3%.

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