Hamborner Reit Ag · XETR:HABA
Hamborner Reit — Q1 2026 Earnings Presentation
10 slides from Hamborner Reit's earnings presentation, May 7, 2026
Slide 1: Conference Call Q1 Figures 2026
Conference Call Q1 Figures 2026 7 May 2026 Retail property in Lengerich
Slide 2: Key figures 3M 2026
Key figures 3M 2026 Key figures 3M 2026 3M 2025 Change From the income statement Income from rents and leases €22.6m €23.0m -1.9% Operating result €6.1m €5.9m +2.6% Period result €2.8m €2.5m +10.7% Key earnings figures Funds from Operations (FFO) €11.7m €11.9m -1.6% Funds from Operations (FFO) per s
Slide 3: Funds from Operations (FFO)
Funds from Operations (FFO) In k€ 3M 2026 3M 2025 Change ▪1 Decline mainly due to asset disposals in 2025/2026 1 Income from rents and leases 22,611 23,043 -1.9% ▪2 Increase in income resulting from higher prepayments of ancillary costs, including those related to the 2 Income from passed on costs 3
Slide 4: Portfolio key metrics as of 31 March 2026
Portfolio key metrics as of 31 March 2026 Asset class Total portfolio Investment approach Retail % Office % Split Core % Manage-to-Core1 % Number of properties 37 58.7% 26 41.3% 63 57 90.5% 6 9.5% Fair value €751.8m 56.1% €589.2m 43.9% €1,341.0m €1,253.1m 93.5% €88.0m 6.5% Leased area 370,082 m² 62.
Slide 5: Rent development
Rent development Development of annualized rents (year-on-year)1 +€1.8m -€1.1m -€4.1m €91.2m €87.8m -1.2% +2.0% -4.5% Annualized rents Indexation Re-lettings / Property disposals Annualized rents 31 March 2025 Vacancy change 31 March 2026 Rent development like-for-like (year-on-year)1 Asset class To
Slide 6: Tenant structure
Tenant structure Top-10 tenants1 Sector distribution1 Tenant Sector Rent Sector Rent EDEKA Food retail 14.1% Food 34.6% Kaufland Food retail 7.6% IT / Communication 11.3% REWE Food retail / DIY 7.1% DIY 10.4% OBI DIY 7.0% Finance / Insurance 7.2% GLOBUS Food retail / DIY 4.5% Authorities 7.2% Agentu
Slide 7: Leasing situation
Leasing situation Weighted average lease expiry1 Letting result 3M 2026 9,866 m² 8,775 m² 63% 60% 6.3 years 5.2 years 3.8 years 94% 1,091 m² 40% 37% 6% Retail Office Total New lettings Contract extensions Total Retail Office 20,0% Lease expiry schedule2 15,0% 3,9% 5.2% 10,0% 8.4% 1,1% 9.2% 6.5% 0.4%
Slide 8: Financial situation
Financial situation Expiration of financial liabilities1 56.2% REIT- equity ratio 25,0% 2026 43.1% 20,0% LTV 15,0% 9.4x Net debt / EBITDA2 20.3% 21.4% 10,0% 4.5x EBITDA / Interest coverage 11.8% 12.9% 11.4% 5,0% 8.2% 5.7% 7.4% €637.6m 0.9% Financial liabilities 0,0% Q2 Q3 Q4 2027 2028 2029 2030 2031
Slide 9: Dividend and full-year forecast for 2026
Dividend and full-year forecast for 2026 Main influencing factors ~65% €0.39 per share (previous year: ~72%) (previous year: €0.48) ▪ Recent property disposals FFO-Payout ratio Dividend proposal ▪ Increased cost structure − maintenance (tenant improvements) − current operating expenses − interest ex
Slide 10: Contact
Contact Niclas Karoff Christoph Heitmann CEO Head of Capital Markets, Financing & Sustainability E-Mail E-Mail n.karoff@hamborner.de c.heitmann@hamborner.de Disclaimer This presentation has been prepared and/or issued by HAMBORNER REIT AG (hereinafter "HAMBORNER") solely for information purposes. Th