HAMBORNER REIT AG: Purchase agreement for E-Center in Tübingen signed
(firmenpresse) - (DGAP-Media / 30.08.2012 / 09:20)
HAMBORNER REIT AG - Purchase agreement for E-Center in Tübingen signed
- Rapid start to investment of funds from capital increase
- Investment volume EUR22.2 million
- Long-term rental agreement
Duisburg, 30 August 2012 - HAMBORNER REIT AG has acquired an attractive
retail property in Tübingen, thereby marking a rapid start to the
investment of the funds from the capital increase implemented in July 2012
as planned.
The property is located in a business area around one kilometre from the
centre of Tübingen. EDEKA Handelsgesellschaft Südwest mbH currently
operates a 'Marktkauf' store in the building. Because of the good customer
frequency, EDEKA has decided to extend the existing rental agreement for
the long term and to operate the store as an 'E-Center' in future following
extensive conversion, maintenance and rebranding measures. EDEKA plans to
complete the conversion measures by the end of 2013. The current term of
the rental agreement is around 18 years.
The seller of the property is an anglo-saxon company and was guided by an
British asset management company. The property was brokered by the agent
Colliers. The purchase price for the property is EUR22.2 million and the
gross initial yield is around 6.8%. The transfer of ownership is expected
to take place in the third quarter of 2012.
HAMBORNER REIT AG intends to continue its expansion in the asset classes of
retail and office properties. As such, the acquisition of the property in
Tübingen is consistent with the Company's growth-oriented strategic
approach.
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 1.4 million m²of
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.
Investor Relations:
Sybille Schlinge
Tel.: +49 (0)203 54405-32
Fax: +49 (0)203 54405-49
E-Mail: s.schlinge(at)hamborner.de
Web: www.hamborner.de
End of Media Release
---------------------------------------------------------------------
Issuer: HAMBORNER REIT AG
Key word(s): Enterprise
30.08.2012 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Mediaarchive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: HAMBORNER REIT AG
Goethestraße 45
47166 Duisburg
Germany
Phone: 0203/54405-0
Fax: 0203/54405-49
E-mail: info(at)hamborner.de
Internet: 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
---------------------------------------------------------------------
183465 30.08.2012
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 30.08.2012 - 09:20 Uhr
Sprache: Deutsch
News-ID 178973
Anzahl Zeichen: 6612
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 334 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"HAMBORNER REIT AG: Purchase agreement for E-Center in Tübingen signed"
steht unter der journalistisch-redaktionellen Verantwortung von
HAMBORNER REIT AG (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
