alstria office REIT-AG (OTCPK:ALSRF)
$ 3.8 0 (0%) Market Cap: 663.37 Mil Enterprise Value: 3.17 Bil PE Ratio: 0 PB Ratio: 0.37 GF Score: 60/100
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Q3 2023 alstria office REIT AG Earnings Call Transcript

Nov 07, 2023 / 01:00PM GMT
Release Date Price: $7.75
Operator

Ladies and gentlemen, thank you for standing by, and welcome to the alstria office REIT-AG results Q3 2023 Call. At our customer's request, this conference will be recorded. (Operator Instructions)

And I will now hand you over to Olivier Elamine, who will start today's conference. Please go ahead.

Olivier Elamine
alstria office REIT-AG - Chairman of the Management Board & CEO

Thank you very much. And thank you, everybody, for joining us for the Q3 result presentation from alstria. My name is Olivier Elamine from cloudy Hamburg this afternoon, and I'm here with Ralf Dibbern, which is heading alstria's Investor Relations. Before we move on, a short reminder of the disclaimer regarding the forward-looking statements and the duty to update.

And without undue delay going into the quarter results. The operating business of alstria has developed according to our plans, with revenue slightly up year-on-year at 3.7%. FFO is down, as you would expect, given the increase in the leverage that we have in the company and the increase Therefore, of the

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