Brief: Hamborner REIT H1 FFO Up At EUR 27.0 Mln

HAMBORNER REIT AG

30/07/2020 06:24

July 30 (Reuters) - HAMBORNER REIT AG  HABG.DE :
    * BRINGS FIRST HALF OF YEAR TO SUCCESSFUL CONCLUSION AND
SETS
STRATEGIC COURSE FOR FURTHER GROWTH
    * H1 INCOME FROM RENTS AND LEASES UP BY 3.7% AND FUNDS FROM
OPERATIONS (FFO) BY 1.5%
    * OUTLOOK 2020: UPDATED FORECAST FOR 2020 ASSUMES RISING
INCOME
FROM RENTS AND LEASES AND FFO TO VIRTUALLY MATCH HIGH PRIOR-YEAR
LEVEL
    * FUNDS FROM OPERATIONS (FFO) CLIMBED BY 1.5% TO EUR 27.0
MILLION
IN FIRST SIX MONTHS
    * EXPECTS 2020 INCOME FROM RENTS AND LEASES: EUR 87 TO EUR
88
MILLION (PREVIOUS YEAR: EUR 85.2 MILLION)
    * EXPECTS 2020 FUNDS FROM OPERATIONS (FFO): EUR 52 TO EUR 54
MILLION (PREVIOUS YEAR: EUR 54.3 MILLION)

Source text for Eikon:  ID:nEQ89bpd7a 
Further company coverage:  HABG.DE 

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