Hamborner REIT AG (HABA.DE) Tuesday reported funds from operations or FFO of 24.9 million euros or 0.31 euros per share for the first half, lower than 28.3 million euros or 0.35 euros per share in the comparable period a year ago, primarily impacted by decrease in income from rents and leases.
Operating result declined 23.5% to 10.5 million euros from 13.7 million euros in the prior year.
Income from rents and leases decreased 2.1% to 45.7 million euros from 46.7 million euros last year.
EPRA net asset value was 773.7 million euros or 9.51 euros per share as at the end of the first half, lower than 796.3 million euros or 9.79 euros per share as on December 31, 2024.
Looking ahead, the company now expects income from rents and leases to be in a range of 89.5 million euros - 90.5 million euros, up from the previous outlook of 87.5 million euros - 89 million euros.
Hamborner continues to expect FFO in the range of 44 million euros - 46 million euros for the year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.