Hamborner Reit Ag · XETR:HABA
Hamborner Reit — Q3 2025 Earnings Presentation
12 slides from Hamborner Reit's earnings presentation, Nov 6, 2025
Slide 1: Conference Call Q3 2025
Conference Call Q3 2025 6 November 2025 Office property ‚EUREF-Campus‘ Berlin
Slide 2: Key figures Q3 2025
Key figures Q3 2025 Key Figures Q3 2025 Q3 2024 Change From the income statement Income from rents and leases €67.9m €69.8m -2.8% Operating result €16.4m €21.3m -22.8% Period result €9.2m €11.6m -20.5% Key earnings figures Funds from Operations (FFO) €36.7m €41.8m -12.2% Funds from Operations (FFO)
Slide 3: Rent development
Rent development Development of annualized rents (year-on-year) +€2.1m -€0.8m -€3.2m €90.5m €88.6m -0.8% +2.3% -3.5% Annualized rents Indexation Re-lettings/ Property Annualized rents 30 September 2024 Vacancy change disposals 30 September 2025 Rent development like-for-like (year-on-year)1 Asset cl
Slide 4: Funds from Operations (FFO)
Funds from Operations (FFO) in k€ 9M 2025 9M 2024 Change Comments 1 Income from rents and leases 67,878 69,835 -2.8% ▪1 Decline mainly due to recent asset disposals 2 Income from passed on costs 7,973 9,630 -17.2% ▪2 Decrease particularly in connection with restructuring of external facility managem
Slide 5: Portfolio key metrics as of 30 September 2025
Portfolio key metrics as of 30 September 2025 Asset class Total portfolio Investment approach Retail % Office % Split Core % Manage-to-Core1 % Number of properties 38 59.4% 26 40.6% 64 59 92.2% 5 7.8% Fair Value €801.3m 57.0% €605.0m 43.0% €1,406.3m €1,326.3m 94.3% €80.1m 5.7% Leased area 379,097 m²
Slide 6: Tenant base
Tenant base Top-10 tenants (as of 30 September 2025) Sector distribution (as of 30 September 2025) Tenant Sector Rent1 Sector Rent1 EDEKA Group Food retail 14.0% Food 34.5% Kaufland Group Food retail 7.5% DIY 11.3% REWE Group Food retail / DIY 7.0% IT / Communication 10.9% OBI DIY 6.8% Finance / Ins
Slide 7: Leasing situation
Leasing situation Weighted average lease expiry (as of 30 September 2025) Letting result 9M 2025 25,179 m² 22,852 m² 94% 94% 6.7 years 94% 5.5 years 2,326 m² 4.0 years 6% 6% 6% New lettings Contract extensions Total Retail Office Total Retail Office 30,0% Lease expiry schedule (as of 30 September 20
Slide 8: Financial situation
Financial situation Expiration of financial liabilities (as of 30 September 2025) 55.8% REIT equity ratio 18,0% 2025 16,0% 43.3% LTV 14,0% 12,0% 10.2x Net debt/EBITDA1 10,0% 16.3% 8,0% 15.9% 5.1x 13.9% 13.2% EBITDA/Interest coverage 6,0% 12.6% 12.1% 9.7% 4,0% €629.8m 6.3% Financial liabilities 2,0%
Slide 9: Emission intensity (kgCO₂e / m²)
ESG Key Figures | Development of portfolio-wide emissions1 Comments Base year ▪ Over the past three years since development of 56.4 the HAMBORNER decarbonization strategy the 2024 total energy-related emissions have been 60 45.1 substantially reduced and remain below yearly reduction pathway ▪ Our d
Slide 10: Outlook
Outlook Full-year guidance update 2025 Main influencing factors €89.5m – €90.5m ▪ Recent property disposals (previously €87.5m – €89.0m) ▪ Timing and volume of potential property acquisitions Rental income ▪ Expected increase in expenses for maintenance, as well as personnel and administration costs
Slide 11: 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 12: 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