EQS-Adhoc: HAMBORNER REIT AG: Adjustment of the portfolio strategy and forecast for the 2026 financial year

HAMBORNER REIT AG, Goethestraße 45, 47166 Duisburg, 23 February 2026

Ad hoc notification pursuant to Article 17 MMVO

HAMBORNER REIT AG: Adjustment of the portfolio strategy and forecast for the 2026 financial year

In view of ongoing structural changes in the office market and based on a strategic analysis, the Management Board of HAMBORNER REIT AG, in close consultation with the Supervisory Board, has decided to adjust the portfolio strategy.

In future, the company will focus its strategy on retail properties in the local supply sector and DIY stores. In this context, the acquisition profile will be specifically expanded, including the addition of core plus properties and in terms of lot sizes, tenant structure and regional locations within Germany, in order to tap additional growth and diversification potential.

The strategic realignment is linked to the medium-term goal of reducing the proportion of office properties in the total portfolio volume to 10 – 20%. The adjustment is to be carried out gradually and results- and value-optimized and envisages a step-by-step replacement of selected office properties with retail properties.

Furthermore, the Management Board today approved the following revenue and earnings forecast for the 2026 financial year:

• Income from rents and leases: EUR 87.5 – 89.5 million
  (Current forecast for fiscal year 2025: EUR 89.5 – 90.5 million)
   
• Funds from operations (FFO): EUR 38.0 – 42.0 million
  (Current forecast for fiscal year 2025: EUR 44.0 – 46.0 million)

The expected decrease in income from rents and leases compared to the previous year is mainly due to the disposal of properties in the financial year 2025.

The forecast decline in operating income (FFO) is due, on the one hand, to reduced rental income as a result of property disposals and, on the other hand, to higher costs compared with the previous year, particularly in the areas of maintenance (including tenant improvements), current operating expenses, as well as interest and personnel expenses.

In view of the continuing uncertainties and limited momentum in the real estate transaction market, the forecast does not take into account any portfolio changes in the further course of the year.

HAMBORNER REIT AG
The Management Board
 

Contact:
Christoph Heitmann
Head of Capital Markets, Financing & Sustainability
M: info@ir.hamborner.de
T.: +49 (0)203 54405-32

DISCLAIMER

This announcement has been issued by HAMBORNER REIT AG (hereinafter "HAMBORNER") solely for information purposes. This announcement may contain statements, assumptions, opinions and predictions about the anticipated future development of HAMBORNER ("forward-looking statements") that reproduce various assumptions regarding, e.g., results derived from HAMBORNER's current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by HAMBORNER and that may turn out to be incorrect at a later stage. All forward-looking statements express current expectations based on the current business plan and various other assumptions and therefore come with risks and uncertainties that are not insignificant. All forward-looking statements should therefore not be taken as a guarantee for future performance or results and, furthermore, do not necessarily constitute exact indicators that the forecast results will be achieved. All forward-looking statements relate solely to the day on which this announcement was issued to its recipients. It is the responsibility of the recipients of this announcement to conduct a more detailed analysis of the validity of forward-looking statements and the underlying assumptions. HAMBORNER accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses, as well as penalties that the recipients may incur by using the announcement, its contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible. HAMBORNER does not provide any guarantees or assurances (either explicitly or implicitly) in respect of the information contained in this announcement. HAMBORNER is not obliged to update or correct the information, forward-looking statements or conclusions drawn in this announcement or to include subsequent events or circumstances or to report inaccuracies that become known after the date of this announcement.