HAMBORNER REIT AG: Sale of a residential and commercial property in Wuppertal
(firmenpresse) - (DGAP-Media / 18.11.2013 / 08:00)
HAMBORNER REIT AG - Sale of a residential and commercial property in
Wuppertal
Duisburg, 18 November 2013 - After HAMBORNER REIT AG successfully disposed
of two smaller, administration-intensive properties in Moers und Oberhausen
from its original portfolio because they were no longer consistent with its
strategy, the company can announce the sale of one more property. The
agreement for the sale of a residential and commercial property in
Wuppertal was signed on 13 November 2013. The property, which has a total
of six rental units and annual rental income of around EUR230 thousand, was
built in 1969 and has been in the HAMBORNER REIT AG portfolio since 1988.
The purchase price was around EUR2.8 million. The property was sold to a
private civil law company with ownership being transferred in early 2014.
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.
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.
Contact:
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
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Issuer: HAMBORNER REIT AG
Key word(s): Real estate
18.11.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EQS Group 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.
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.de
Internet: www.hamborner.de
ISIN: DE0006013006
WKN: 601300
Indices: SDAX
Listed: Regulierter Markt in Düsseldorf, Frankfurt (Prime
Standard); Freiverkehr in Berlin, Hamburg, Hannover,
München, Stuttgart
End of News DGAP-Media
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240202 18.11.2013
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Datum: 18.11.2013 - 08:00 Uhr
Sprache: Deutsch
News-ID 317399
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