Slide 1: Conference Call Preliminary Business Figures 2016
Conference Call Preliminary Business Figures 2016 Dr. Rüdiger Mrotzek Hans Richard Schmitz 9 February 2017
Slide 2: Strong financial fiscal year 2016
Strong financial fiscal year 2016 Highlights Increase in income from rents and leases: + 17.9% FFO increase: + 23.5% (FFO per share: € 0.45 ) Capital increase: Net proceeds € 162 million Total invested volume: approx. € 180 million (five assets) Divestment of five non-strategic assets (Sel
Slide 3: Increase in rents and low vacancy rate
Increase in rents and low vacancy rate Income from rents and leases € 61.8m +17.9 % € 52.4m → Total rents: + 17.9 % → Rents (lfl): + 1.8 % → Vacancy Rate: 1.3 % (incl. rent guarantees) 2015: 1.9 % (incl. rent guarantees) 2015 2016 3 Conference Call – Preliminary Business Figures 2016
Slide 4: Funds from Operations
Funds from Operations Funds from Operations (FFO) € 36.1m +23,5 % € 29.2m → FFO: + 23.5 % → FFO per share: € 0.45 (Basis: 79,717,645 shares) → FFO growth higher than forecast due to rental growth combined with high cost discipline 2015 2016 4 Conference Call – Preliminary Business Figures 2016
Slide 5: Investments 2016
Investments 2016 Total invested volume: approx. € 180 million Purchase Price € 49.1 million Lübeck Haerder-Centre Annual rental income € 3.3 million High street retail Gross initial yield 6.5 % Purchase Price € 13.7 million Ditzingen DIY store Annual rental income € 0.9-1.0 million (steprent) Large-
Slide 6: Divestments
Divestments Disposal of properties 2016 Duisburg Dinslaken Solingen Essen Kassel Selling Price: € 2.64 million Selling price: € 1.94 million Selling price: € 3.17 million Selling price: € 3.26 million Selling price: € 0.7 million Total # of properties 5 Total selling price approx. € 11.7 million Tot
Slide 7: Portfolio development
Portfolio development Acquisitions 2016 Sales 2016 Like-for-like portfolio Portfolio value € 1,115.0 million Portfolio value € 899.8m Purchase prices Capex Revaluation Sales Capex Revaluation + € 179.7m + € 0.9m + € 8.8m - € 11.6m + € 0.9m + € 36.5m 31/12/2015 31/12/2016 7 Conference Call – Prelimin
Slide 8: Benefitting from economies of scale
Benefitting from economies of scale Portfolio value (€ million) and overhead cost margin* 1200 30% 1,115 2006 22.2 % 1000 900 800 20% 692 717 580 600 504 400 376 10% 308 281 273 186 200 2016 8.5 % 0 0% 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Portfolio value Overhead cost margin * Pers
Slide 9: NAV per share - growth
NAV per share - growth NAV per share € 9.64 € 9.11 +5.8 % +11.2 % € 8.67 Portfolio growth, FFO growth and revaluation were NAV-accretive on per share basis 2014 2015 2016 45,493,333 62,002,613 79,717,645 shares shares shares 9 Conference Call – Preliminary Business Figures 2016
Slide 10: Financial situation remains comfortable and solid
Financial situation remains comfortable and solid Other selected key figures 31/12/2016 31/12/2015 EBIT € 31.7 million € 27.1 million Profit for the period € 17.4 million € 13.8 million REIT equity ratio 67.8 % 61.5 % Loan to value (LTV) 30.1 % 35.0 % Dividend Dividend proposal € 0.43 Annual general
Slide 11: Positive outlook for 2017
Positive outlook for 2017 Cologne Purchase Price € 48.9 million Annual rental income € 2.8 million O3 Gross initial yield 5.6 % Office Transfer of possession 2 January 2017 Purchase Price € 20.9 million Kiel Annual rental income € 1.2 million Office Gross initial yield 5.5 % Transfer of possession Q
Slide 12: Recent acquisition Market Oberfranken Hallstadt/Bamberg
Recent acquisition „Market Oberfranken“ Hallstadt/Bamberg Hallstadt/Bamberg (Market Oberfranken) Michelinstrasse Built 1974 (modernized and expanded in 2006) Main tenant Müller, tegut, C&A, Expert, ALDI Leased area approx. 21,800m2 Annual rental income € 2.5 million Remaining lease term approx. 8 ye
Slide 13: 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 13 Conference Call
Slide 14: 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