HAMBORNER REIT AG: Prompt investment of funds from capital increase – purchase agreement signed for retail centre in Fürth

Press Release

HAMBORNER REIT AG - Prompt investment of funds from capital increase: purchase agreement signed for retail centre in Fürth

Duisburg, 22 July 2015 - Shortly after completing its capital increase, HAMBORNER REIT AG has signed a purchase agreement for a retail centre worth around EUR31 million. The company has thus very quickly begun investing the proceeds generated from its capital increase at the start of July of around EUR101.7 million in a high-yield retail property in line with its strategy.

The property being acquired is the "Hornschuch-Center", a modern retail centre with around 12,000 m² of rental area in an excellent city centre location. The former Marktkauf property was built in 1990 and comprehensively renovated and converted into a retail centre in 2014/2015. The centre opened in March 2015. The main tenant with around 4,000 m² and a 17-year lease is EDEKA. In addition, there are also Schuh Mücke, Rossmann, Norma and other smaller tenants in the property. The average remaining term of all leases is 12.5 years, the gross initial yield is 6.1%.

The centre is being sold by a property company from Memmingen, Costa Real Estate GmbH provided brokerage services.

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