alstria workplace AG (ALSRF) This autumn 2025 Earnings Name Transcript

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alstria office AG (ALSRF) Q4 2025 Earnings Call March 6, 2026 4:00 AM EST

Company Participants

Olivier Living
Maximilian Koch – Chief Executive Officer
Andreas Reiswich

Conference Call Participants

Pranava Boyidapu – Barclays Bank PLC, Research Division
Othman The Iraqi

Presentation

Operator

Hello, and welcome to alstria Annual Accounts 2025. (Operator Instructions) Please note, this call is being recorded. Today, I am pleased to present Olivier Elamine, Senior Advisor. Please begin your meeting.

Olivier Living

Thank you very much, and welcome from sunny Luxembourg this morning to alstria 2025 Financial Results Presentation. My name is Olivier Elamine. I’m Senior Adviser to the group. I’m joined today by Maximilian Koch, which is the CEO of alstria advisors; and Andreas Reiswich, which is the CFO of alstria advisors.

Before we go into the presentation, briefly going through the disclaimer and the usual caution on forward-looking statements and the duty to update. And then without undue delay, just giving you a brief overview of the financial year 2025.

I think it’s fair to say that in many respects, 2025 was a transition year for the company. It was a year where it moved away from the REIT and enter into the tax world. It was a year where it delisted completely and moved into the private side and it was a year where the company migrated its headquarter from Germany to Luxembourg. And so there was a lot of events which were not necessarily related to the underlying business, which have taken a lot of energy and attention in the course of 2025. But despite all of that, the financials and the operation of the company has developed pretty much in line with the expectation, actually slightly better when it comes to the leasing result, and Max is going to be (indiscernible) that in a few minutes.

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