HAMBORNER REIT AG Adjusts Portfolio Strategy and Forecasts 2026 Financial Performance

HAMBORNER REIT AG has announced a strategic shift in its portfolio, focusing on retail properties. The company will concentrate on the local supply sector and DIY stores, while reducing its office property share to 10-20%. This adjustment comes as the office market faces challenges from shifting work models and digitalization. Consequently, the company expects revenue and operating results to decline in 2026.

In 2026, rental income is projected to fall between €87.5 million and €89.5 million, down from the previous year's forecast of €89.5–90.5 million. Funds from operations are expected to decrease to €38.0–€42.0 million due to reduced rental income and higher expenses, including maintenance and increased personnel costs.

Despite the challenging environment, HAMBORNER plans to expand its investment regionally and diversify its tenant structure, tapping into new market opportunities. The company remains cautious about further property acquisitions or disposals due to market uncertainties.