HAMBORNER REIT AG: Investment in Sustainability
(firmenpresse) - HAMBORNER REIT AG / Key word(s): Enterprise/
HAMBORNER REIT AG: Investment in Sustainability
DGAP-Media / 26.09.2011 / 08:54
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Press Release
HAMBORNER REIT AG - Investment in Sustainability
- Purchase agreement assigned for NuOffice in Munich/Schwabing developed
by Hubert Haupt
- Striving for LEED platinum certification
- Handover planned for 2013
Duisburg, 26 September 2011 - The project development company Hubert Haupt
is planning to build three green buildings with total usable space of
around 33,000 m²(GFA) in the Parkstadt Schwabing district. HAMBORNER REIT
AG signed the contract for the first building. The property lies to the
north of Munich in Parkstadt Schwabing, known as the 'gateway to Munich'.
The city centre can be quickly reached thanks to the direct bus and express
tram connection. The airport and the Munich International Trade Fair are
around 20 minutes away by car. It is situated in direct proximity to
Schwabing's 'Central Park', a key feature of the area with a number of
shops for day-to-day needs and various restaurants.
It is planned that the NuOffice will receive LEED platinum certification
and will therefore be one of the first properties in Germany in this top
category. The LEED certification system from the US stands for Leadership
in Energy and Environmental Design. For more than 15 years, this process
has set global standards for the development and planning of what are known
as green buildings - buildings that satisfy high ecological requirements.
The NuOffice was developed in cooperation with the Fraunhofer Institute
and, once completed, will satisfy the energy standard for the year 2050.
Construction has begun on the first phase that will later offer rental
space of around 12,000 m²; completion is scheduled for the third quarter of
2012. As main tenants EsteéLauder, McLaren and Milon could be acquired.
This pioneering property is being developed and sold by a real estate
company owned by Hubert Haupt Immobilien Holding from Grünwald near Munich.
It has an investment volume of around EUR40 million. The gross initial
yield will be almost 6%, the internal rate of return around 8%.
'We are delighted to be able to send a signal with this property,'
commented the members of HAMBORNER's Managing Board Hans Richard Schmitz
and Dr. Rüdiger Mrotzek. 'The issues of sustainability and certification
will play a much more important role in future, especially for office
properties. We will also be taking this fact into account more in our
acquisitions as we move forwards. The NuOffice is defined by ecology and
economy. Thus, this core property is an ideal supplement to the HAMBORNER
portfolio.'
About HAMBORNER REIT AG
HAMBORNER REIT AG is a public limited company listed on the stock exchange
which today works exclusively in the real estate sector and occupies a
position as a portfolio holder for high-yield commercial properties. The
basis of the company's sustainable rental income is a substantial real
estate portfolio that is spread throughout the country. The main focus of
the portfolio consists of attractive retail space in central city centre
locations in Germany and resources centres. Furthermore, the property
portfolio comprises highly frequented specialist stores and profitable
office buildings, as well as doctors' surgeries, apartments and car parks.
Additionally, the company possesses around 2.4 million m²of undeveloped
land, which is mainly located in the north of Duisburg and the neighbouring
local authority districts of Dinslaken and Hünxe.
The outstanding features of HAMBORNER REIT AG are its many years of
experience in the real estate and capital market, its lean and transparent
corporate structure and its particular proximity to the tenants. The
company is a registered Real Estate Investment Trust (REIT) and benefits at
the company level from exemption from corporation and trade tax.
Contact:
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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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
Listed: Regulierter Markt in Berlin, Düsseldorf, Frankfurt (Prime
Standard), Hamburg, München, Stuttgart
End of News DGAP-Media
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140287 26.09.2011
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Datum: 26.09.2011 - 08:54 Uhr
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