GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Hamborner REIT AG (CHIX:HABAd) » Definitions » Other Noninterest Expense

Hamborner REIT AG (CHIX:HABAD) Other Noninterest Expense


View and export this data going back to 2011. Start your Free Trial

What is Hamborner REIT AG Other Noninterest Expense?

Other Noninterest Expense (Bank) only applys to banks.


Hamborner REIT AG Business Description

Industry
Traded in Other Exchanges
Address
Goethestrasse 45, Duisburg, NW, DEU, 47166
Hamborner REIT AG is a real estate investment trust (REIT) specializing in property investment, particularly in commercial real estate. Its diverse portfolio includes modern office properties in established locations and retail properties focused on local shops in city centers and high-footfall suburban areas in Germany. The company pursues an active portfolio strategy, seeking properties with solid risk-return profiles. With a focus on "core" properties, characterized by high-quality locations and long-term leases, it aims to achieve around 80 to 90% of its portfolio volume. Primarily investing in German metropolitan regions, it targets locations with promising economic and demographic prospects. The majority of its rental income is derived from retail properties.