HAMBORNER REIT AG: Purchase agreement for E-Center in Tübingen signed

Press Release

HAMBORNER REIT AG - Purchase agreement for E-Center in Tübingen signed

- Rapid start to investment of funds from capital increase

- Investment volume EUR22.2 million

- Long-term rental agreement

Duisburg, 30 August 2012 - HAMBORNER REIT AG has acquired an attractive retail property in Tübingen, thereby marking a rapid start to the investment of the funds from the capital increase implemented in July 2012 as planned.

The property is located in a business area around one kilometre from the centre of Tübingen. EDEKA Handelsgesellschaft Südwest mbH currently operates a 'Marktkauf' store in the building. Because of the good customer frequency, EDEKA has decided to extend the existing rental agreement for the long term and to operate the store as an 'E-Center' in future following extensive conversion, maintenance and rebranding measures. EDEKA plans to complete the conversion measures by the end of 2013. The current term of the rental agreement is around 18 years.

The seller of the property is an anglo-saxon company and was guided by an British asset management company. The property was brokered by the agent Colliers. The purchase price for the property is EUR22.2 million and the gross initial yield is around 6.8%. The transfer of ownership is expected to take place in the third quarter of 2012.

HAMBORNER REIT AG intends to continue its expansion in the asset classes of retail and office properties. As such, the acquisition of the property in Tübingen is consistent with the Company's growth-oriented strategic approach.

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, apartments and parking spaces.

Furthermore, the company still has approximately 1.4 million m² of undeveloped land areas, which are located predominantly in Duisburg North and in the adjacent municipalities of Dinslaken and Hünxe.

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.

Investor Relations:

Sybille Schlinge

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