HAMBORNER REIT AG: Handover of OBI DIY store in Aachen

HAMBORNER REIT AG: Handover of OBI DIY store in Aachen

ID: 132372

(firmenpresse) - HAMBORNER REIT AG / Key word(s): Enterprise/
HAMBORNER REIT AG: Handover of OBI DIY store in Aachen

DGAP-Media / 05.04.2012 / 10:05

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Press Release

HAMBORNER REIT AG - Handover of OBI DIY store in Aachen

Duisburg, 05 April 2012 - As previously announced, HAMBORNER REIT AG's
portfolio is expanding further. This week the OBI DIY store in Aachen,
which was acquired back in June 2011, was transferred to the company's
portfolio. The approximately 11,400 m²property is a new construction
located in a business area of the Brand district, roughly 5 km to the
south-east of the centre of Aachen. OBI has maintained a presence at the
Aachen-Brand location for around 20 years, but is now relocating to a more
attractive site with this new building. The store has been open since 19
March 2012.

HAMBORNER acquired the property directly from the seller and project
developer, a project company in the Schoofs Group based in Kevelaer in the
Lower Rhine area of Germany. The gross yield is approximately 7.5%.

HAMBORNER was very active on the transaction market in 2011. Attractive
properties for approximately EUR122 million were added to the books. The
company has a current portfolio value of approx. EUR 518 million.


About HAMBORNER REIT AG

HAMBORNER REIT AG is a listed public limited company 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 solid portfolio of properties distributed
throughout Germany. Attractive retail trade spaces in key city centre
locations in 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
doctors' surgeries.

HAMBORNER REIT AG is distinguished by its many years of experience in the
property and capital market, its lean and transparent corporate structure
and its particular proximity to its tenants. The company is a registered
real estate investment trust (REIT) and benefits at company level from
exemption from corporation and trade tax.

Investor Relations:

Sybille Albeser
Tel.: +49 (0)203 54405-32
Fax: +49 (0)203 54405-49
e-mail: s.albeser(at)hamborner.de
Web: www.hamborner.de


End of Media Release

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05.04.2012 Dissemination of a Press Release, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.

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Media archive at www.dgap-medientreff.de and www.dgap.de

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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: info(at)hamborner.deInternet: www.hamborner.de
ISIN: DE0006013006
WKN: 601300
Indices: SDAX
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München, Stuttgart


End of News DGAP-Media
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164063 05.04.2012


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Bereitgestellt von Benutzer: EquityStory
Datum: 05.04.2012 - 10:05 Uhr
Sprache: Deutsch
News-ID 132372
Anzahl Zeichen: 4508

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