HAMBORNER REIT AG / Key word(s): Enterprise/
HAMBORNER REIT AG - Property portfolio growth
- Properties in Erlangen and Offenburg added to books
- Current portfolio value of around EUR487 million
- Further growth planned
Duisburg, 1 August 2011 - HAMBORNER REIT AG today added two further properties to its portfolio. One of these is the newly built shopping, service and office centre in the east of Erlangen known as Campus Röthelheimpark. The purchase agreement for the property with usable space of around 11,500 m² and an investment volume of approximately EUR28 million was already notarised at the end of 2010. The property was developed and sold by Sontowski & Partner GmbH, Erlangen.
About HAMBORNER REIT AG
HAMBORNER REIT AG is a public limited company listed on the stock exchange which today works exclusively in the real estate sector and occupies a position as a portfolio holder for high-yield commercial properties. The basis of the company's sustainable rental income is a substantial real estate portfolio that is spread throughout the country. The main focus of the portfolio consists of attractive retail space in central city centre locations in Germany and resources centres. Furthermore, the property portfolio comprises highly frequented specialist stores and profitable office buildings, as well as doctors' surgeries, apartments and car parks.
Additionally, the company possesses around 2.4 million m² of undeveloped land, which is mainly located in the north of Duisburg and the neighbouring local authority districts of Dinslaken and Hünxe.
The outstanding features of HAMBORNER REIT AG are its many years of experience in the real estate and capital market, its lean and transparent corporate structure and its particular proximity to the tenants. The company is a registered Real Estate Investment Trust (REIT) and benefits at the company level from exemption from corporation and trade tax.
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|Company:||HAMBORNER REIT AG|
|Listed:||Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime Standard), Hamburg, München, Stuttgart|
|End of News||DGAP-Media|