HAMBORNER REIT AG: Further commercial property acquired in Bad Homburg pedestrianised zone

HAMBORNER REIT AG: Further commercial property acquired in Bad Homburg pedestrianised zone

ID: 323690

(firmenpresse) - (DGAP-Media / 12.12.2013 / 09:37)

HAMBORNER REIT AG - Further commercial property acquired in Bad Homburg
pedestrianised zone

Duisburg, 12 December 2013 - HAMBORNER REIT AG has this week signed a
purchase agreement for a commercial property at Louisenstrasse 66 in Bad
Homburg. The property is located in the best part of the highly cultivated
Louisenstrasse pedestrianised zone, in direct proximity to the Kurhaus and
the property already bought by HAMBORNER in 2011 at Louisenstrasse 53-57.
The property that has now been acquired has rental space of around 3,200
m². The main tenant is Commerzbank. With current rental income of around
EUR434,000 per year, it has a gross initial yield of 5.47%.

The property was sold by the fund company Aberdeen Asset Management
Deutschland AG. The sale was brokered by NAI Apollo. Ownership is expected
to transfer in the first quarter of 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

12.12.2013 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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244438 12.12.2013


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Bereitgestellt von Benutzer: EquityStory
Datum: 12.12.2013 - 09:37 Uhr
Sprache: Deutsch
News-ID 323690
Anzahl Zeichen: 4305

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Kategorie:

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