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
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.
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 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.
End of Media Release
Issuer: HAMBORNER REIT AG
Key word(s): Enterprise
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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|