Logotype for Hamborner REIT AG

Hamborner REIT (HAB2) investor relations material

Hamborner REIT Q2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Hamborner REIT AG
Q2 2025 earnings summary5 Aug, 2025

Executive summary

  • Rental income for H1 2025 declined by 2.1% year-over-year to €45.7 million, mainly due to property disposals, while like-for-like rental income rose up to 1.4% from indexation.

  • FFO fell 12.1% year-over-year to €24.8–24.9 million, or €0.31 per share, mainly due to disposals and higher costs.

  • Leasing activity was strong, with contracts for over 12,000 sqm and a tenant retention rate of 95%.

  • Portfolio fair value declined to €1,406.3 million, reflecting €27.4 million in disposals and €7.3 million in value adjustments.

  • Dividend of €0.48 per share for 2024 was approved and paid in June 2025.

Financial highlights

  • Net rental income was €37.3 million, down 5.9% year-over-year.

  • FFO per share dropped to €0.31 from €0.35 year-over-year; AFFO per share to €0.30 from €0.34.

  • REIT equity ratio stood at 55.0% as of June 30, 2025; LTV at 44.3–44.6%.

  • NAV per share was €9.51, down from €9.79 at year-end 2024.

  • Cash position post-dividend was €9–9.3 million.

Outlook and guidance

  • Full-year 2025 rental income forecast raised to €89.5–90.5 million, up from previous €87.5–89.0 million.

  • FFO guidance for 2025 maintained at €44–46 million, reflecting higher operating costs.

  • Maintenance, personnel, and administration costs projected to rise 10–20% in 2025.

  • No further property disposals expected to impact 2025 results.

  • Company remains confident despite macroeconomic challenges.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Hamborner REIT earnings date

Logotype for Hamborner REIT AG
Q3 20256 Nov, 2025
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Hamborner REIT earnings date

Logotype for Hamborner REIT AG
Q3 20256 Nov, 2025

The essential earnings season companion

The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Hamborner REIT AG is a listed property company (German REIT) with a focus on commercial properties having regional significance. The company invests in residential and commercial property portfolios in Germany. Its portfolio includes residential, commercial, office, hotel, and solar energy properties. Furthermore, the company not only own and manage property, but also help groups and organizations partner with business leaders to create community projects that will reinvigorate residential areas.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage