Slide 1: Conference Call Preliminary Business Figures 2015
Conference Call Preliminary Business Figures 2015 Dr. Rüdiger Mrotzek Hans Richard Schmitz 02 February 2016
Slide 2: Strong financial fiscal year 2015 Highlights
Strong financial fiscal year 2015 Highlights Increase of income from rents and leases: + 12% FFO increase: + 19% (FFO per share: € 0.47 ) Two capital increases: Proceeds € 142.6 million Total invested volume: approx. € 157 million (six assets) Divestment of non-strategic assets (approx. €
Slide 3: Increase in rents and low vacancy rate
Increase in rents and low vacancy rate Income from rents and leases € 52.5m +12 % € 46.8m → Total rents: + 12 % → Rents (lfl): + 1.0 % → Vacancy Rate: 1.9 % (incl. rent guarantees) 2014: 2.3 % (incl. rent guarantees) 2014 2015 3 Conference Call – Preliminary Business Figures 2015 – Feb 2nd 2016
Slide 4: Funds from Operations
Funds from Operations Funds from Operations (FFO) € 29.2m +19 % € 24.6m → FFO: + 19 % → FFO per share: € 0.47 (Basis: 62,002,613 shares) → FFO growth higher than forecast (+ 16%) because of rental growth combined with lower costs than expected 2014 2015 4 Conference Call – Preliminary Business Figur
Slide 5: Capital increases basis for growth and FFO accretion
Capital increases basis for growth and FFO accreation Total invested volume: approx. € 157 million Purchase Price € 26.8 million Aachen Annual rental income € 1.7 million Gut-Dämme-Str. 14 Gross initial yield 6.4 % Purchase Price € 35.2 million Celle Annual rental income € 2.32 million An der Hasenb
Slide 6: Divestments
Divestments Disposal of properties 2015 Total # of properties 4 Duisburg St. Augustin Total selling price € 8 million Price € 1.25m Price € 3.15m Rental income per year for the sold objects € 0.7 million Krefeld Düren 8 residential contracts Rental contracts Price € 1.35m Price € 1.83m 6 commercial
Slide 7: Portfolio development 2015
Portfolio development 2015 Purchases/Capex + € 165 million Revaluation Portfolio value (incl. € 7m valuation gain) + € 26 million € 900 million Portfolio value € 717 million Sales - € 8 million 31/12/2014 31/12/2015 7 Conference Call – Preliminary Business Figures 2015 – Feb 2nd 2016
Slide 8: Benefitting from economies of scale
Benefitting from economies of scale Portfolio value (€ million) and overhead cost margin* 1000 40% 900 900 800 717 30% 692 700 2006: 22.2 % 600 580 504 500 20% 400 376 273 2015: 308 281 9.6 % 300 10% 186 200 100 0 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 Portfolio value Overhead cost mar
Slide 9: NAV per share - growth
NAV per share - growth NAV per share NAV per share 31/12/2014: € 8.67 € 9.11 Number of shares: 45,493,333 € 8.67 +5 % NAV per share 31/12/2015: € 9.11 Number of shares: 62,002,613 Capital increases, portfolio growth and revaluation were NAV-accretive on per 2014 2015 share basis 9 Conference Call –
Slide 10: Financial situation remains comfortable and solid
Financial situation remains comfortable and solid Other selected key figures 31/12/2015 31/12/2014 EBIT € 27.1 million € 30.6 million Profit for the period € 13.8 million € 17.1 million REIT equity ratio 61.5 % 53.1 % Loan to value (LTV) 35.0 % 43.3 % Liquid funds € 27.1 million € 10.4 million Share
Slide 11: Positive view for 2016
Positive view for 2016 Upcoming acquisitions (Contracts signed; transfer of possession in Q1/Q2) Lübeck Purchase Price approx. € 50 million Haerder-Center Annual rental income approx. € 3.25 million Sandstraße Gross initial yield 6.5 % Purchase Price approx. € 12.7 million Ditzingen Annual rental in
Slide 12: Contact
Contact Dr. Rüdiger Mrotzek – Member of the Board T +49 (0)203 / 54405-55 M r.mrotzek@hamborner.de Hans Richard Schmitz – Member of the Board T +49 (0)203 / 54405-21 M h.schmitz@hamborner.de Christoph Heitmann – Investor Relations T +49 (0)203 / 54405-32 M c.heitmann@hamborner.de 12 Conference Call
Slide 13: Disclaimer
Disclaimer This presentation was exclusively prepared for the addresses specified on the title page and/or the participants at the mentioned event. The information in this presentation is based on both public information and documents as well as information which was made available to HAMBORNER REIT