Hamborner REITAG completed its capital increase through the issue of new shares toraise gross proceeds of approximately €166.5 million.
The company will use the proceeds to fund propertyacquisitions.
Hamborner placed 17,715,032 new, no par value bearer sharesat €9.40 apiece. The shares had a notional value of €1.00 per share.
Shareholders of the company subscribed for 16,296,420 sharesor 91.99% of the offering. The unsubscribed shares, meanwhile, were privatelyplaced withinstitutional investors at a price of €9.40 per share.
Joh. Berenberg Gossler & Co. KG, Bankhaus Lampe KG andKempen & Co. NV acted as joint book runners for the placement.