PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Hamborner becomes 3rd German REIT; aims for growth
The Duisburg-based listed office and retail property group Hamborner yesterday became Germany's third Real Esate Investment Trust, transferring into the segment some 29 months after the first, alstria office and Fair Value, opened the sector just after German legislation for the tax efficient pass-through vehicles became effective in July 2007. Hamborner has a portfolio valued at e314m but e150m in liquidity to boost this well above e500m this year. (See upcoming PIE editions for full story)