Brief: Hamborner REIT says FFO seen near prior year levels

HAMBORNER REIT AG

21/07/2020 18:02

July 21 (Reuters) - Hamborner REIT AG  HABG.DE :
    * DGAP-ADHOC: HAMBORNER REIT AG: FORECAST FOR 2020 FINANCIAL
YEAR
UPDATED
    * INCOME FROM RENTS AND LEASES WILL BE BETWEEN EUR 87
MILLION AND
EUR 88 MILLION IN 2020 FINANCIAL YEAR (PREVIOUS YEAR: EUR 85.2
MILLION)
    * FUNDS FROM OPERATIONS (FFO) ARE EXPECTED TO VIRTUALLY
MATCH HIGH
LEVEL OF PAST FINANCIAL YEAR IN A RANGE BETWEEN EUR 52 MILLION
AND EUR 54 MILLION (PREVIOUS YEAR: EUR 54.3 MILLION)
    * MANAGEMENT BOARD IS ANTICIPATING A DECLINE IN NAV PER
SHARE FOR
2020 IN A SINGLE-DIGIT PERCENTAGE RANGE
    * FORECAST ALSO DOES NOT TAKE INTO ACCOUNT EFFECTS OF
POSSIBLE
ACQUISITIONS OR DISPOSALS IN REMAINDER OF YEAR

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

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