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Brookfield’s Alstria Writes Down Portfolio by 13% to €4 Billion

German Office Investor’s Actions Do Not Breach Loan Covenants
There were no substantial changes to Hamburg-based Alstria's portfolio. (Getty Images)
There were no substantial changes to Hamburg-based Alstria's portfolio. (Getty Images)
By Thomas Daily, Bert Erik ten Cate
January 15, 2024 | 1:21 P.M.

Brookfield-owned German office investor Alstria has written down the value of its portfolio by 13% to €4 billion at the end of 2023. A year earlier, the portfolio was still worth €4.6 billion.

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News | Brookfield’s Alstria Writes Down Portfolio by 13% to €4 Billion