Slide 1: Conference Call Q3/9M 2024
Conference Call Q3/9M 2024 7 November 2024 Office property ‚EUREF-Campus‘ Berlin
Slide 2: Key Figures Q3 2024
Key Figures Q3 2024 €69.8m €41.8m €0.51 Rental income FFO FFO per share €9.91 3.1% NAV per share EPRA vacancy rate 6.0 years 54.9% WALT REIT equity ratio 44.4% 9.7x LTV Net debt/EBITDA1 1 Net financial debt (average last five quarters) in relation to EBITDA adjusted by result from sales (last twelve
Slide 3: Rent development
Rent development Development of annualized rents (year-on-year)1 +€1.2m -€1.2m €90.5m €90.5m +1.3% -1.3% Annualized rents Indexation Re-lettings/ Annualized rents 30 Sep 2023 Vacancy change 30 Sep 2024 Rent development like-for-like (year-on-year)1 Asset class Total portfolio Investment approach Ret
Slide 4: Funds from operations (FFO)
Funds from operations (FFO) in k€ 9M 2024 9M 20231 Change Comments 1 Income from rents and leases 69,835 67,942 +2.8% ▪1 Increase mainly due to property additions and 2 Income from passed on costs 9,630 10,280 -6.3% indexation effects ▪2 Decrease results from vacancy increases and Operating expenses
Slide 5: Portfolio key metrics as of 30 September 2024
Portfolio key metrics as of 30 September 2024 Asset class Total portfolio Investment approach Retail % Office % Split Core % Manage-to-Core1 % Number of properties 39 28 67 63 94.0% 4 6.0% Fair Value €832.8m 56.8% €632.6m 43.2% €1,465.4m €1,410.1m 96.2% €55.3m 3.8% Leased area 393,246 m² 63.1% 229,6
Slide 6: Tenant base
Tenant base Top-10 tenants (as of 30 September 2024) Sector distribution (as of 30 September 2024) Tenant Sector Rent1 Sector Rent1 EDEKA Group Food retail 13.7% Food 33.8% REWE Group Food retail / DIY 7.1% DIY 11.4% Kaufland Food retail 7.1% IT / Communication 9.5% OBI DIY 6.6% Finance / Insurance
Slide 7: Leasing situation
Leasing situation Weighted average lease expiry (as of 30 September 2024) Letting result 9M 2024 32,854 m² 21,657 m² 53% 32% 7.2 years 11,196 m² 6.0 years 68% 47% 4.4 years 93% 7% New lettings Contract extensions Total Retail Office Total Retail Office 30,0% Lease expiry schedule (as of 30 September
Slide 8: Financial situation
Financial situation Expiration of financial liabilites (as of 30 September 2024) 54.9% REIT equity ratio 2025 44.4% LTV 9.7x Net debt / EBITDA1 19.6% 5.4x 15.5% EBITDA / Interest coverage 13.2% 12.3% 11.8% 9.1% 7.3% €686.6m Financial liabilites 2.5% 3.1% 1.8% 1.9% Q1 Q2 Q3 Q4 2026 2027 2028 2029 203
Slide 9: Outlook
Outlook Full-year guidance update 2024 Main influencing factors + Stable and reliable cashflows - Increasing cost effects €92.0m - €93.0m (previously: €91.0m - €92.5m) - Maintenance expenses + Property additions 2023 (incl. cost shifting from 2023) Rental income - Operating expenses + Further indexa
Slide 10: Contact
Contact Niclas Karoff Sarah Verheyen CEO/CFO COO/CIO E-Mail: n.karoff@hamborner.de E-Mail: s.verheyen@hamborner.de Christoph Heitmann HAMBORNER REIT AG Datei:LinkedIn logo initials.png Head of Investor Relations, Financing www.hamborner.de & Corporate Communications info@ir.hamborner.de E-Mail: c.he
Slide 11: Disclaimer
This presentation has been prepared and/or issued by HAMBORNER REIT AG (hereinafter "HAMBORNER") solely for information purposes. This presentation may contain statements, assumptions, opinions and predictions about the anticipated future development of HAMBORNER ("forward-looking statements") that