HAMBORNER REIT AG invests another EUR 25 million: Purchase agreements signed for DIY store in Ditzingen and retail centre in Neu-Isenburg

HAMBORNER REIT AG invests another EUR 25 million: Purchase agreements signed for DIY store in Ditzingen and retail centre in Neu-Isenburg

Duisburg, 07 September 2015 - HAMBORNER REIT AG is continuing its successful streak of acquisitions. After performing a capital increase at the start of July and, since then, signing agreements for the "Hornschuch-Center" in Fürth (volume of around EUR 31 million, ownership expected to transfer in the next few days) and the "Westoria Gießen" (volume of around EUR 32 million, ownership transferred on 19 August 2015), HAMBORNER has now signed purchase agreements for two more properties with a total volume of around EUR 25 million in Ditzingen and Neu-Isenburg.

hagebau DIY store in Ditzingen

The property acquired in Ditzingen is a state-of-the-art hagebau DIY store with extensive parking. It is still under construction. The property is directly located on Siemensstrasse, the main traffic artery through Ditzingen, and in the immediate vicinity of the Stuttgart-Feuerbach highway access, around 1 km from the Stuttgart city limits. The immediate surroundings are characterised by other retail, office buildings and residential development. The rental area is around 9,400 square metres with a term of 20 years. The property, which is expected to be completed in spring 2016, is being sold by alstria office REIT-AG. The purchase price is EUR 12.54 million and the gross initial yield is around 7%.

Retail centre in Neu-Isenburg

The modern retail centre in Neu-Isenburg with a rental area of around 4,300 square metres is located highly conveniently on Schleussnerstrasse/Carl Ulrich Strasse. There has been a REWE supermarket on some of the land for around 35 years. A new building is currently being built on the land to the left of the current REWE store, which will relocate to the new building when it is completed. The main tenants of the property are REWE, dm and the Neu-Isenburg based company Schoofs, which is also the seller of the property. The average remaining term of all leases is 15.3 years, the gross initial yield is 6.3% and the purchase price amounts to EUR 12.75 million. The centre is expected to open in November 2015 and to transfer to HAMBORNER around the end of the year.

About HAMBORNER REIT AG

HAMBORNER REIT AG is a stock exchange-listed public limited company that today exclusively operates in the property sector and is positioned as a portfolio holder for high-yielding commercial properties. The company has sustainable rental incomes, with a nationally-dispersed substantial property portfolio as its foundation. Attractive retail trade spaces in key town centre sites of German cities and intermediate centres form the focal point of the portfolio. In addition, the property portfolio includes highly-frequented specialist stores and profitable office buildings, as well as spaces for medical practices.

HAMBORNER REIT AG stands out due to its many years of experience in the property and capital market, its lean and transparent corporate structure as well as its special proximity to the tenants. Since February 18, 2010 HAMBORNER has been a registered Real Estate Investment Trust (REIT) and benefits at company level from exemption from corporation and trade tax.

PR/IR:

Sybille Schlinge
Tel.: +49 (0)203 54405-32
Fax: +49 (0)203 54405-49
E-mail: s.schlinge@hamborner.de
Web: www.hamborner.de