3 January 2013 / 12:25

Press Releases

HAMBORNER REIT AG: Starting the new year with growth

(DGAP-Media / 03.01.2013 / 11:25)

HAMBORNER REIT AG - Starting the new year with growth

- Transfer of ownership for office property 'NUOffice' in Munich

- Property in Karlsruhe already added to portfolio on 30 November 2012

- Portfolio growth of approximately EUR77 million in total

Duisburg, 3 January 2013 - HAMBORNER REIT AG has already enjoyed a good start to the new year. The 'NUOffice', a new office property constructed in Parkstadt Schwabing in Munich over the last two years, was added to the company portfolio yesterday. In the next few months, the approximately 12,000 m² building with an investment volume of approximately EUR40 million is expected to receive LEED platinum certification and will therefore be one of the first properties in Germany in this top category. This pioneering property was developed and sold by a real estate company owned by Hubert Haupt Immobilien Holding from Grünwald near Munich.

In addition, at the end of November 2012 - and thus somewhat earlier than expected - HAMBORNER added the office and retail property at Rüppurrer Strasse 1 in Karlsruhe to it books. The contract for the property, whose core tenant is EDEKA, was signed only a short time before in October 2012. The purchase price for this property is approximately EUR37 million.

'We are pleased that with the properties in Munich and Karlsruhe we now have a further two attractive properties in our portfolio. It is especially pleasing that these now already contribute to the rents for all of 2013 and thus are of course also FFO effective,' commented the members of HAMBORNER's Managing Board Dr. Rüdiger Mrotzek and Hans Richard Schmitz.


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 0.9 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.


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

End of Media Release

Key word(s): Enterprise

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