annual report 2009 - bei der Hamborner REIT AG
annual report 2009 - bei der Hamborner REIT AG
annual report 2009 - bei der Hamborner REIT AG
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The <strong>REIT</strong> transformation has<br />
been worked towards with<br />
commitment since 2007<br />
The <strong>REIT</strong> transformation<br />
has been worked towards<br />
with commitment<br />
since 2007<br />
A strategy change took place at HAMBORNER in<br />
2007 after the change of the principal sharehol<strong>der</strong>.<br />
Since then, the company has pursued a rigorous<br />
course of growth and is focused completely on<br />
the core business of real estate.<br />
The termination of the special securities fund, the<br />
sale of non-<strong>REIT</strong>-compliant investments and the<br />
merger of the Hambornberg subsidiary were, inter<br />
alia, homework that the company had to deal with<br />
in the last three years. The final foundations for the<br />
transformation could finally be laid, not least due to<br />
the commitment and the support of sharehol<strong>der</strong>s<br />
and the resolution of the general sharehol<strong>der</strong>s'<br />
meeting passed with an overwhelming majority<br />
for the amendment to the Articles of Association.<br />
Furthermore, the company was formally included in<br />
the <strong>REIT</strong> segment of the Deutsche stock exchange<br />
on 22 February 2010 after the registration of<br />
HAMBORNER as a tax-exempt Real Estate Investment<br />
Trust in the Commercial Register.<br />
<strong>annual</strong> <strong>report</strong> <strong>2009</strong> | <strong>Hamborner</strong> reit ag<br />
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