Hamborner REIT AG (XTRA:HAB) signed a purchase agreement to acquire Office property in Neu-Isenburg from Merkur Development Holding GmbH and other seller for approximately €16.1 million on April 29, 2019. The purchase price will be paid and ownership of the property transferred at the start of 2020. The property generated annual rental income of approximately €0.9 million in 2018. Trompetter Immobilien acted as a broker in the transaction. Hamborner REIT AG (XTRA:HAB) completed the acquisition of Office property in Neu-Isenburg from Merkur Development Holding GmbH and other seller on January 1, 2020.