HAMBORNER REIT AG - M&A Activity 2016

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Media | 15 February 2016 16:04

HAMBORNER REIT AG still on track for growth – Purchase agreement signed for property in Münster

DGAP-Media / 2016-02-15 / 16:04

Press Release

HAMBORNER REIT AG still on track for growth – Purchase agreement signed for property in Münster

Duisburg, 15 February 2016 – HAMBORNER REIT AG is advancing the expansion and optimisation of its portfolio in 2016 as well and has signed the purchase agreement for another office property in Münster.

The property being acquired is located in the Loddenheide industrial area, a central and established office location in Münster. It is the fourth section of Deilmann Park, with a rental area of around 3,300 m 2 . It is a good companion piece to the neighbouring sections one to three, which HAMBORNER REIT AG acquired in 2009.

The seller of the property is the Deilmann planning company from Münster, which also sold the sections referred to above as well as the office property at Münster Technology Park in 2007. The purchase price is around EUR6.5 million with a gross initial yield of 6.8%. The total volume of the Deilmann Park property is therefore around EUR30 million.

The main tenant of the property is the FOM College of Economy and Management, to which HAMBORNER has already rented space in Bremen’s Linzer Strasse property.

About HAMBORNER REIT AG

HAMBORNER REIT AG is a stock exchange-listed public limited company that 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.

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 & Public Relations:

Christoph Heitmann

Tel.: +49 (0)203 54405-32

Fax: +49 (0)203 54405-49

E-Mail: [email protected]

Web: www.hamborner.de

End of Media Release

Issuer: HAMBORNER REIT AG

Key word(s): Real estate

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Language:	English
Company:	HAMBORNER REIT AG
	Goethestraße 45
	47166 Duisburg
	Germany
Phone:	0203/54405-0
Fax:	0203/54405-49
E-mail:	[email protected]
Internet:	www.hamborner.de
ISIN:	DE0006013006
WKN:	601300
Indices:	SDAX
Listed:	Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart