HAMBORNER REIT AG Releases 2025 Annual Report

HAMBORNER REIT AG has published its annual report for 2025, confirming preliminary figures. The report shows a 2.9% decrease in rental income to €90.3 million and a 5.7% drop in funds from operations (FFO) to €48.6 million. Despite these declines, the occupancy rate remained high at 96.5%, and the weighted average lease term stood at 5.3 years. The net asset value per share decreased by 7.3% to €9.07.

The company attributes the reduction in rental income primarily to property disposals in early 2025. A market valuation by Savills indicated a 4.6% decrease in portfolio market value. Nonetheless, HAMBORNER's financial stability remains strong with a REIT equity ratio of 54.7% and a loan-to-value ratio of 44.3%.

A dividend of €0.39 per share is proposed for the upcoming Annual General Meeting, corresponding to an 8.2% yield based on the current share price. Plans for 2026 include expected rental income between €87.5 million and €89.5 million, with FFO anticipated to be in the range of €38.0 million to €42.0 million.