Slide 1: Conference Call Preliminary Results 2022
Conference Call Preliminary Results 2022 Niclas Karoff Sarah Verheyen 9 February 2023 Office property ‚EUREF-Campus‘ Berlin
Slide 2: Preliminary key figures 2022
Preliminary key figures 2022 €85.0m €51.0m €0.63 Rental income FFO FFO per share €11.86 1.9% NAV per share EPRA vacancy rate 6.5 years 59.6% WALT REIT equity ratio 39.1% 9.9x LTV Net debt/EBITDA(1) (1) Net financial debt (average last five quarters) in relation to EBITDA adjusted by result from sale
Slide 3: Portfolio revaluation
Portfolio revaluation Portfolio development 2022 Comments ▪ Increase in portfolio value (+€49.3) due to Acquisitions 2022 Disposals 2022 Like-for-like Portfolio acquisition of two DIY properties in Freiburg and Kempten (incl. year-end revaluation gain of €0.6m) Portfolio value Portfolio value €1,608
Slide 4: Financial situation
Financial situation Expiration of financial liabilities (as (asofof31 31December December 2021) 2022) 59.6% REIT Equity ratio 39.1% LTV 2.0% 9.9x Net debt/EBITDA(1) 18.6% 4.9x EBITDA/Interest coverage 14.9% 8.0% 12.1% 11.7% 11.2% €783.8m 7.6% 6.7% Financial liabilities(2) 2.3% 2.6% 2.8% 1.7% 2023 20
Slide 5: Tenant base
Tenant base Top-10 tenants (as of 31 December 2022) Sector distribution (as of 31 December 2022) Tenant Sector Rent(1) Sector Rent(1) EDEKA Food retail 11.6% Food 32.0% Kaufland Food retail 7.4% DIY 11.7% REWE Food retail 7.0% IT/Communication 10.6% OBI DIY 6.8% Finance/Insurance 8.3% Globus DIY / F
Slide 6: Portfolio key metrics as of 31 December 2022
Portfolio key metrics as of 31 December 2022 Asset class Total portfolio Investment approach Retail Office Split Core % Manage-to-Core % Number of properties 38 28 66 63 95.5% 3 4.5% Fair Value €881.1m €727.5m €1,608.6m €1,537.0m 95.5% €71.6m 4.5% Leased area 381,581 m² 229,631 m² 611,212 m² 584,013
Slide 7: Rent development in 2022
Rent development in 2022 Development of annualized rents 2022 €4.0m -€0.3m -€1.7m €87.0m €3.0m -0.4% €82.0m -2.1% +5.0% +3.7% Annualized rents Acquisitions Indexation Re-lettings/ Disposals Annualized rents 31 Dec 2021 Vacancy change 31 Dec 2022 Rent development like-for-like/year-on-year(1) Asset c
Slide 8: Leasing situation
Leasing situation Weighted average lease expiry (as of 31 December 2022) Letting result 2022 84,505 m² 63,361 m² 59% 53% 21,144 m² 76% 47% 41% 7.6 years 5.0 years 6.5 years 24% New lettings Contract extensions Total Retail Office Total Retail Office 30,0% Lease expiry schedule (as of 31 December 202
Slide 9: Outlook
Outlook Dividend €0.47 per share ~75% Intended dividend proposal Resultant FFO payout ratio Guidance 2023 Slightly below €88.0 – 89.5m €50.0m – €52.0m previous year‘s level Rental income FFO NAV per share 9
Slide 10: Contact
Contact Niclas Karoff Sarah Verheyen CEO COO/CIO E-Mail: n.karoff@hamborner.de E-Mail: s.verheyen@hamborner.de Christoph Heitmann HAMBORNER REIT AG Head of IR & PR www.hamborner.de info@ir.hamborner.de E-Mail: c.heitmann@hamborner.de +49 (0)203/54405-32 10
Slide 11: This presentation has been prepared and/or issued by HAMBORNER REIT AG (hereinafter "HAMBORNER") solely
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