Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Xetra  >  Hamborner REIT AG    HAB   DE0006013006

HAMBORNER REIT AG

(HAB)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsAnalyst Recommendations

HAMBORNER REIT : acquires retail centre in Dietzenbach

11/24/2020 | 01:01am EST


DGAP-Media / 24.11.2020 / 07:00

Press Release

HAMBORNER REIT AG acquires retail centre in Dietzenbach

Duisburg, 24 November 2020 - HAMBORNER REIT AG has signed the purchase agreement for a small retail centre in Dietzenbach near Frankfurt/Main. The attractively designed property built in 2011 is in a central and established location adjacent to the local train stop, providing a direct line to Frankfurt's city centre.

With approximately 45% of the total leased area of around 4,800 square metres, the biggest tenant is the food retailer tegut. Founded in 1947, tegut currently operates around 280 supermarkets in Germany and is a subsidiary of the Migros Group, Switzerland's largest retail group. Other main tenants include LIDL and dm, which also serve residents' day-to-day shopping needs. The weighted remaining term of leases is around 5.7 years. The annualized rental income amounts to ?0.76 million.

The property is being sold by a family office that has requested that the purchase price is initially not be disclosed. Payment of the purchase price and transfer of ownership of the property are provisionally scheduled for late 2020 or early 2021.

ABOUT HAMBORNER REIT AG

HAMBORNER REIT AG is a public company listed in the SDAX 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 diversified portfolio of properties distributed throughout Germany with a total value of around ?1.6 billion. The portfolio focuses on modern office properties as well as local supply properties as large-scale retail assets, retail parks, DIY stores and attractive high street properties in major German cities and mid-sized centres.

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

CONTACT

Christoph Heitmann
Head of Investor & Public Relations
Tel.: +49 203 54405-32
Mail: c.heitmann@hamborner.de
Web: www.hamborner.de



End of Media Release


Issuer: HAMBORNER REIT AG
Key word(s): Real estate

24.11.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at 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@hamborner.de
Internet: www.hamborner.de
ISIN: DE0006013006
WKN: 601300
Indices: SDAX
Listed: Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1150096

 
End of News DGAP Media

1150096  24.11.2020 

fncls.ssp?fn=show_t_gif&application_id=1150096&application_name=news&site_id=zonebourse_sftp

© EQS 2020
All news about HAMBORNER REIT AG
01/15HAMBORNER REIT : Berenberg reaffirms its Buy rating
MD
2020DGAP-DD : HAMBORNER REIT AG english
DJ
2020HAMBORNER REIT : reports further success in disposal operations and reduces port..
EQ
2020PRESS RELEASE : HAMBORNER REIT AG reports further success in disposal operations..
DJ
2020HAMBORNER REIT : publishes enhanced 2019/2020 sustainability report
EQ
2020PRESS RELEASE : HAMBORNER REIT AG publishes enhanced 2019/2020 sustainability re..
DJ
2020HAMBORNER REIT : acquires retail centre in Dietzenbach
EQ
2020HAMBORNER REIT : Commerzbank is Neutral
MD
2020HAMBORNER REIT AG : Notification and public disclosure of transactions by person..
EQ
2020HAMBORNER REIT AG : Notification and public disclosure of transactions by person..
EQ
More news
Financials
Sales 2020 87,8 M 106 M 106 M
Net income 2020 - - -
Net Debt 2020 712 M 862 M 862 M
P/E ratio 2020 115x
Yield 2020 5,07%
Capitalization 739 M 894 M 894 M
EV / Sales 2020 16,5x
EV / Sales 2021 16,3x
Nbr of Employees 42
Free-Float 87,6%
Chart HAMBORNER REIT AG
Duration : Period :
Hamborner REIT AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends HAMBORNER REIT AG
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 10,30 €
Last Close Price 9,13 €
Spread / Highest target 20,5%
Spread / Average Target 12,8%
Spread / Lowest Target 6,24%
EPS Revisions
Managers and Directors
NameTitle
Niclas Karoff Chief Executive Officer
Andreas Mattner Chairman-Supervisory Board
Christel Kaufmann-Hocker Member-Supervisory Board
Mechthilde Dordel Member-Supervisory Board
Dieter Rolke Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
HAMBORNER REIT AG1.37%892
SIMON PROPERTY GROUP, INC9.05%30 408
LINK REAL ESTATE INVESTMENT TRUST-2.27%18 679
CAPITALAND MALL TRUST8.80%11 390
REGENCY CENTERS CORPORATION2.96%7 943
KIMCO REALTY CORPORATION10.13%7 149