HAMBORNER REIT AG: Transfer of ownership of an office building with sustainability certification
Duisburg, 15 January 2019 - HAMBORNER REIT AG has made a successful start to the new year and is reporting the scheduled transfer of ownership of the newly built office property in Neu-Isenburg. A building forming part of the "Der Dornhof" office complex was transferred to the company's portfolio at the start of the year. The property has been built in recent months at an established, well-connected office location in Neu-Isenburg's southern business park, around ten kilometres from Frankfurt's city centre and Frankfurt Airport. It is in the immediate vicinity of a modern local supply property that has been part of the HAMBORNER portfolio since 2015.
The new office building is characterised by its technologically advanced design and energy sustainability. It has been built using high-quality materials and meets the very latest standards. The building is currently in the process of being certified by the German Sustainable Building Council (DGNB). It has already been pre-certified at the DGNB's highest level, "Platinum". "We are delighted to have added another state-of-the-art office property to our portfolio at the Dornhof complex and are proud that the building has achieved the DGNB's highest sustainability certification," commented Management Board members Dr Rüdiger Mrotzek and Hans Richard Schmitz.
The main tenant of the approximately 4,500 m² property is the IT service provider UBL, which has signed a long-term lease. The purchase price of the property is EUR16.1 million. With annual rental income of approximately EUR0.9 million, the gross initial yield is 5.4%.
About HAMBORNER REIT AG
HAMBORNER REIT AG is a public company listed in the SDAX that operates exclusively in the property sector and is positioned as a portfolio holder for high-yield commercial properties. The company generates sustainable rental income on the basis of a diversified portfolio of properties distributed throughout Germany with a total value of more than EUR1.5 billion. The portfolio focuses on profitable office properties as well as local supply properties as large-scale retail assets, retail parks, DIY stores and attractive high street properties in major German cities and mid-sized centres.
HAMBORNER REIT AG is distinguished by its many years of experience on the property and capital market, its consistent and sustainable dividend policy and its lean and transparent corporate structure. The company is a registered real estate investment trust (REIT) and benefits from corporation and trade tax exemption at company level.
Investor Relations/Public Relations
End of Media Release
Issuer: HAMBORNER REIT AG
Key word(s): Real estate
15.01.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
|Company:||HAMBORNER REIT AG|
|Listed:||Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, SIX|
|EQS News ID:||953559|
|End of News||DGAP Media|