HAMBORNER REIT AG: Purchase agreement signed for office property on EUREF Campus Berlin

HAMBORNER REIT AG - Purchase agreement signed for office property on EUREF Campus Berlin

- Investment volume of around EUR33 million

- LEED gold certification at future location

- Capital increase property pipeline therefore fully implemented

Duisburg, 5 November 2012 - Following its acquisition of the E-Center in Tübingen, the OBI store in Hamburg and the retail property in Karlsruhe, HAMBORNER REIT AG has now signed the purchase agreement for the last property in the pipeline developed in connection with the capital increase. Thus, the company has rapidly invested the funds raised by the capital increase as promised. The property that has now been acquired is an new office building on the EUREF campus in Berlin-Schöneberg. The EUREF office and science campus currently in development will be a place for ecologically and economically sustainable solutions. It is to position itself as a unique centre in Europe for innovation and future projects, and is to be the first C0₂-neutral office district in the world. More than 600 people already work at EUREF campus today. The project as a whole is scheduled for completion by 2018.

The office property 'EUREF-Campus 12-13' acquired by HAMBORNER on Torgauer Strasse 12-15 with rental space of around 12,600 m² is currently still under construction and is expected to be LEED gold certified. Its completion is planned for the end of 2012. The main tenants include Schneider Electric, Arcadis and BLS Energieplan. EUREF AG itself will also rent space in the building. The pre-letting rate is therefore currently around 80% with an average remaining term on leases of 6.3 years.

The property is being sold by a project company from Reinhard Müller, a renowned Berlin architect and project developer. The purchase price is around EUR33 million and the gross initial yield will be approximately 6.7%.

HAMBORNER REIT AG intends to continue its expansion in the asset classes of retail and office properties. The acquisitions of the properties in Tübingen, Hamburg, Berlin and Karlsruhe with a total investment volume of around EUR110 million are therefore in keeping with the company's growth-oriented strategic outlook.

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, 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.

Contact:

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