Yes. Thank you very much, and good morning to you, ladies and gentlemen. Welcome to our earnings call here. Hans Richard and myself, as usual, will lead you through the results of the first quarter year of this year. Let's move directly to our key figures here for Q1 2021. Despite the ongoing pandemic challenges here related to the environment here, we had a good start into this year. Rental income of EUR 21.8 million remained at previous year's level. Profit increase driven, which you can see here, by success from our sales activities. FFO, however, has decreased to EUR 12.7 million, influenced mainly by pandemic-related impairments. We get more detail on this a little bit later on. Financing structure. As you're used from us, I think remains solid with the REIT equity ratio at 55% and LTV at 44%. EPRA NAV per share slightly increased by 1.8 to EUR 11.26 compared to the end of 2020. Hans Richard will provide further details, obviously on financials here in a few minutes, I will leave it with that for now. On the next page, as you're used to, some portfolio key metrics here for our first quarter. Fair value remains unchanged. However, the portfolio share of our high street properties, which you can see in the last column here, they don't reflect the sold assets of approximately EUR 40 million, which are up for closing during the second quarter. Meanwhile, the share of these high street properties within our total portfolio has further reduced meanwhile to approximately 67%. As a result of the intense and successful letting activities here, and despite the challenging environment, both WALT here at 6.4 and occupancy rate remain at consistently high level. Moving on to our recent acquisitions, providing you with some additional information on those. Let me introduce you to our new assets in our portfolio, or which will come to our portfolio. Let me start with our initial managed core investment, which is situated here within an established office location in the prospering city of Mainz. The property benefits both from, I think, excellent infrastructural connections, and also a growing environment, which already today is characterized by the headquarters of well-known companies. In the wider area here, important educational, especially research institutions. Just a few examples, those include the local university as well as cutting-edge research facilities here of Max Planck Society and Helmholtz Association. By the way, close to the university in Mainz, you also find the headquarter of the COVID-19 vaccine developer, BioNTech. The property with approximately 7,700 sq m of rental space, came in at an ingoing yield here of 7%, with a secured cash flow for the remaining lease term. As we are convinced, a very attractive potential for further rental and value growth. With reference to future reletting, we intend to start here with a detailed planning early on in order to reposition the asset in line with our ESG strategy. This will include substantial CapEx measures within the property, as well as of today, the redesign of the fit suite. In addition, we entered into a forward acquisition here for a multi-tenant core office building in the city of Münster, with a rental space of approximately 6,300 sq m. The property is located next to the Dortmund-Ems Canal, which is part of the backbone of the West German canal network. It's still under construction. We expect the transfer into our portfolio around the end of the year. The quality of the property, also with reference to ESG criteria, as well as the fact that we are present in the city with two further assets. This allows for very efficient asset management in the future. The property is highly visible. It's part of a larger development project, which once completed should include a campus style area with various functions. Münster is an established city, like Nuremberg or Leipzig. It shows ongoing strong macroeconomic indicators and also sustainable growth perspective. We were very happy that we could secure this property here for our portfolio. Moving on to the disposals in 2021. We've been pretty active on the sales side. As mentioned before, we have continued the disposal of high street assets during the first quarter. In this case, two properties in Bad Homburg. In addition, as part of our active portfolio management approach, we sold three further assets, which no longer fulfilled our overall investment strategy here. This includes a small wholesale retail asset in a city retail center, as well as a smaller mixed-use property in Hamburg. On average, the five assets were sold at approximately 8% above our latest value. Looking forward for the remainder of this year, we will concentrate our activities here on selling further high street properties and on finding an adequate balance of buy and sell, as mentioned before. With this short introduction, let me hand over to Hans Richard for further details on the operational side. Thank you, Niclas. Good morning, ladies and gentlemen, and also warm welcome from my side. Let us now take a closer look at the operating and financial figures for the first quarter of the year 2021. First of all, let's have a look at the development of our FFO. With a total of EUR 21.8 million income from rents and leases is at the previous year's level. Reductions of rental income due to disposals and pandemic related risk provisioning are offset by additional rental income from acquisitions of around EUR 1 million. Total maintenance expenses amounted to around EUR 1 million and thus are around 15% below the level of 2020. The decline mainly results from follow-on effects due to COVID-19 related postponement of measures in 2020. Net rental income amounted to over EUR 18.9 million, a plus of 1.1% compared to 2020. Personnel expenses increased by around 15% compared to Q1 2020, mainly due to the recruitment of new employees and additions to provisions for management board compensation, which are related to share price developments. Other operating expenses were approximately EUR 1.2 million in the first quarter of 2021. This item mainly includes COVID-19 related write downs on receivables of EUR 0.9 million and is therefore significantly higher compared to the first quarter of 2020. As a result of income and expenses, the FFO came in at EUR 12.7 million in the reporting period. The corresponding FFO per share amounts to EUR 0.16. All in all, a slight decrease of 5.9% year on year. Now let's have a look at our NAV and NTA development. The NAV calculation shows a decrease of long-term assets, which is mainly a result of the portfolio disposals in the course of the first quarter of 2021. The increase in short-term assets relates to liquidity enhancements and the reclassification of properties held for sale. Non-current liabilities and provisions increase as a result of additional loans in relation to the newly acquired assets. Overall, NAV saw a slight increase of 1.9% as against the end of 2020. NAV per share as end of March 2021 came to EUR 11.26. The difference between the March 2021 NAV and NTA only relates to Hamborner's tangible assets of around EUR 0.5 million. For this reason, the values for NAV and NTA per share are almost identical. Let me now continue with an update on our tenant structure. Compared to year end 2020, there are no major changes in our top 10 tenant list. In total, food retailers currently still account for one third of the company's total rent. Our office tenants generate around 39% of the total rent. Our solid tenant structure, and in particular, the high share of tenants with strong financial profiles and operations that are mainly unaffected by COVID-19 form the basis for our stable cash inflows, even in this economically difficult times. Now a few remarks on the letting situation. Despite the continued challenging conditions on the letting market, we achieved a very strong letting result in the first quarter of 2021. We were able to conclude leases for around 46,000 sq m in the course of the first quarter, primarily related to contract extensions with existing tenants. The WALT for the total portfolio is around 6.4 years. The average terms in retail and office remained at a consistently high level at 7.1 and 5.3 years. Considering the difficult economic conditions due to the COVID-19 pandemic, the positive operating performance underlines the expertise of our internal asset management, the high quality of our diversified property portfolio, as well as our high proportion of tenants with strong financial profiles. Our lease expiry schedule still shows that the share of contracts expiring remains well balanced throughout the next years. Due to our successful letting operations during the last weeks, we decided to offer as an one-off snapshot, an additional detailed insight in Hamborner's Q1 letting activities. The share of expiring rental agreements for 2021 accounts for an amount of around EUR 4.3 million. The expiring rental income in 2021 is offset by new leases and lease extensions already concluded with a total volume of EUR 3.4 million. This corresponds to a strong follow-up letting completion of 77.5%. This includes the extension of the five largest contracts expiring this year, the cumulated annual rental volume of around EUR 2 million. The majority of all contracts were concluded with office tenants. At 81.5%, the tenant retention rate remains at a consistently high level. The remaining leases outstanding for renewal in 2021 only correspond to a total volume of around EUR 1 million, or 22.5% of the volume expiring during this year. Currently, we expect 27.1% of the outstanding expiries to be extended in the course of the year. For the remaining part of 72.9%, the reletting is well in progress, and we are confident to sign further follow-up letting agreements during the next month. Let's move on the development of Hamborner's EPRA vacancy rate. We have been able to further reduce the EPRA vacancy rate by 0.2 points to 1.7% in Q1 2021. A reduction of 0.1 percentage points is caused by property disposals during the first quarter. The majority of the effect is related to our strong letting performance, where we are consistently able to either relet to existing tenants or attract new tenants. Now, a few remarks on our financial situation. Hamborner's financial situation remains solid. The REIT equity ratio amounts to 55.6% and is therefore well in excess of the 45% ratio required. The LTV as end of March is at 44%, and our EBITDA interest coverage ratio rose once more to 6.4. We also managed to again reduce average financing costs slightly to 1.71%, with an average remaining term of our loans of 5.3 years. We have already concluded our follow-up financing for 2021 at favorable terms of 1.1% and are currently starting negotiations on refinancing our liabilities expiring in 2022. Current average interest rates are still considerably lower than the expiring financing agreements, and Hamborner will benefit from the lower rates in the coming years. Let me give a few remarks on the current impact of COVID-19. Despite challenging market conditions, rent collection rates have still seen a stable performance in the last month. Throughout the month of July to December 2020, without a nationwide lockdown, the average rent collection was almost back to pre-crisis level at an average of 98.8%. Following the resumption of the lockdown at the end of 2020, the rent collection rates fell slightly but continued to increase over the course of the year, resulting in an average of 94.7% in January to April 2021. We are continuing our cooperative dialogue with tenants affected by the current lockdown and are confident to find further mutual and fair agreements as we did in connection with the first lockdown in 2020. Far from my side, thank you for listening, and let me now hand over to Niclas for a short outlook. Hans Richard, thanks so much. Getting back to guidance and outlook. Finally, a short overview here. There are no relevant changes to the status here of our full-year presentation just a couple of weeks ago. Supported by the good operational performance, which we just described during the last minutes. The resilience of the portfolio, we will further concentrate here on one hand, close tenant management relating to the pandemic situation as in the quarter before. Clearly driving forward our letting and CapEx tasks. We are going to take care of the remaining refinancing topics for 2022. Clearly also we'll see that we get further on successful asset recycling here within our portfolio strategy. Major goal, as before, remains to lay the ground here this year for further sustainable and value accretive platform growth within Hamborner. With that, thanks so much, first of all, and open for questions from your side. Thank you. If you would like to ask a question, please signal by pressing star one on your telephone keypad. If you are using a speakerphone, please make sure your mute function is turned off to allow your signal to reach our equipment. Again, that's star one to ask a question. We'll now take our first question from Dennis de Jong from Kempen. Please go ahead. Your line is open. Hi, good morning, all. Yeah, a couple of questions from my side. Hopefully, we could address them one by one. First question would be whether you would foresee further write-downs on receivable given that we have already progressed a bit into Q2. That will be my first question. Sorry, Dennis, could you repeat this? Write-down concerning what, please? I'm sorry. Yeah, sorry, concerning the receivables. Further write-down receivables are further impact. Apologies. This depends from the further lockdown, what we will have seen. Sorry, at the moment, I can't give you here an answer. You know we had write-downs of around EUR 860,000 in the first quarter. Yeah, I know. Actually, I was trying to get more color onto what you're seeing as we're progressing into Q2, but I guess that's an answer as well. Yeah, but. Yeah. This depends from the lockdown. If we can open in a relative short way, a short time, then I don't believe that we will have a high amount of receivables here. If we will have a lockdown up to the third quarter, then we have a totally other situation. Okay. That's all clear. Yeah. The rent levels on the lease renewals, how have they progressed? These are mainly in the same level what we had before. There was no big reductions. Okay, sounds good. Final question from my side will be whether you could give any color on expected CapEx and yield on cost to give some light on the managed core assets, specifically of the Mainz asset. Dennis, we're in the middle at the moment of doing a further technical analysis, obviously, after we onboarded the assets here. I can tell you it will be a substantial investment over there because, as I pointed out, it will relate not only to the interior part but also concerning the outer part of the property. It will also depend on other factors like, for instance, how much subsidies we could get from public supporting programs, et cetera. Therefore, it's a little bit early for us to make here reliable estimates of this. Of course, we have done our analysis internally, but we would rather prefer then once we have more light on what exactly we're going to do here to form a kind of investment story here to provide you with a full package of details once we're further progressing with our planning. That's as of today. Okay, understood. We'll look forward to that then. Yeah. Thanks. That was all from my side. Thanks, Dennis. Just as a reminder, to ask a question, it is star one. We'll now move to our next question from Kai Klose from Berenberg. Please go ahead, your line is open. Yes, good morning. I've got three questions, if I may. The first one is on page 10 of the letting activities. Could you indicate if any, and how much of the contract extensions came from premature extensions as a meaning where you gave, for example, some rent reductions or rent help to the tenants, and that in return you achieved to extend the underlying lease contract? Second question would be on the targeted, what you intend to spend for maintenance and CapEx. Could you give only a little bit more color how the talks with Real have been developing and what the budget is you intend to spend, and how much it would be split between CapEx and maintenance? The last question on that, how do you intend to finance these investments by debt or by equity? Thank you. Yeah, okay. Perhaps I can start with the letting situation. Less than 10% of the re-letting is corona related, and this is only one tenant in one asset. It's not a big issue here. On Real, please understand, here we are in the middle of the negotiations and it's relatively complicated. You have three parties here, Real as the old tenant. You have potential new tenants, we are a little bit in between here. It's here too early. We don't have here final figures at the moment. If we have signed the contracts, be sure that we will come immediately to the market. Sure. Understood. Just being curious, do you expect the portfolio investments to be more on the maintenance or on the CapEx side? That very depends, at the end of the day, from the contract. I think it will be a reasonable amount in CapEx, but it's unclear it will happen in this year or next year. I'm not sure. So that you can give incentives to the new tenant and then you will split this year by year on the rental contract, on the duration of the rental contract. Here we are, at the moment, totally open in these negotiations. Understood. The very last question on page 13 regarding the debt expiry schedule. Do you have any targets regarding the extensions of the 2022 expiries? Will it again be on a 10-year basis or a 10-year mortgage or maybe aiming for a larger amount of. It could be possible that we are here perhaps more flexible, but it's so that the main part of this, around more than 80%, will expire at the end of the year 2022. Here we are looking at the moment for the offers of the banks, and it's not decided yet to do this for 10 years or not. Overall, you can expect that we will have more flexible in the financing in the future than in the past. It's not so that we will, in general, refinance for 10 years. Overall, from the strategy, we believe it make more sense if we have a more active portfolio management that we will have here a little bit more flexibility on the financing side, too. Understood. Thanks so much. Again, just as a reminder, that is star one for questions. We'll now move to our next question from Thomas Rothaeusler from Jefferies. Please go ahead. Your line is open. Hi. Good morning. Just one question on office letting markets here in Germany. There was a rather weak development until recently. What we heard from a couple of competitors of you is that there might be first signs of a recovery, especially with regards to inquiries. Could you share that? Maybe you can provide us some color how you look at this and what's your experience here? Thomas, it is Niclas. Maybe I can start and Hans Richard can add. If you look at our portfolio and our operational tasks during COVID-19, we haven't seen really phases where nothing worked. We more or less had a constant stream of negotiations and we didn't see a real black hole here during the last couple of quarters. Meaning, on the other hand, you don't see a big recovery on our side at the moment. This might be as well driven by the fact that if you look at our portfolio and the kind of letting tasks here, it's a bit different than maybe for other competitors. You're rather talking about smaller sizes on the letting side, which anyhow are easier to let at the moment. Our observation is that especially large contracts, complicated contracts take longer. For our daily business here, bread and butter business, we haven't seen any real obstacles here also during COVID-19. Therefore, it's a bit difficult for us. Might be the reason based on the assets we have and the locations we have, but it's not that we have seen a big up and down within recent months here, with exception to what I just pointed out concerning really larger contracts. We have shown you our letting activities in the first quarter, and this was very successful. I can't see here that we will have again a little bit more recovery, yes, but we are not affected from this at the moment. Okay. Thank you. We will now move to our next question from Philipp Kaiser from Warburg Research. Please go ahead. Your line is open. Yeah. Hello, everyone. Just a couple of questions. First to start, could you shed some light on the one-off effects from maybe early repayment charges from the sale of high street assets we handed over six in the first quarter. Are there any kind of to see in which direction it will be go within 2021? Then maybe how you progress on the sale of the remaining high street assets. On the other hand, some words about your acquisition pipeline. To get a feeling of the recycle of the revenues from the sale. That would be for my side. Okay. I maybe start on the pipeline and acquisition and sales activity. Maybe Hans Richard can add on the other topic. On the sales side, I think we have a pretty good movement at the moment concerning our high street assets. I think we could sell even faster than we are doing at the moment. As I pointed out before, for us, it's important to keep a good balance between sale and acquisition activity here. At the moment it's more challenging to find good fitting assets here being at core or managed core assets. Therefore, we are a bit cautious here on the sales side not to increase the speed too much here. To secure the cash flows from the assets here. Yeah. That's just the vision we have. Apart from this, I think for the kind of assets we are selling, the market has picked up recently. Same applies to our regular acquisition business. We've seen during the last couple of quarters during COVID-19 in 2020, we saw mostly core products on the market. Meanwhile, we've seen a little more managed core product as well. You have specific product, which is very much looked for at the moment and obviously very pricey. This is on one hand, core office product with long-term secured cash flows. On the other hand new or fully refurbished food anchored retail assets of institutional lot size. Those are asset types which are very much looked for at the moment in the market. Nevertheless, we feel pretty good here concerning our own pipeline. We have a couple of assets we are looking at more closely at the moment. As you can see here from our news flow, constantly we are able to bring new assets here to the portfolio. Yeah. Perhaps your first topic, if I understood right, this was the prepayment penalties. Is this correct? Yes, exactly. Yeah. Yeah. This is not finally negotiated, and here we are optimistic to reduce the effects to a minimum. You have seen that we have bought actually now some assets, and here we are in negotiations with the banks that we give this as a security to the debt for the loans. With this, we would avoid here prepayments. It's at the moment not finally negotiated. Okay. Thank you very much. This was all from my side. Okay. And just as a reminder, if you'd like to ask a telephone question, that's star one. We'll pause for just a moment to allow everyone to signal. Star one. We'll now take our next question from Karim Fode from Clearance Capital. Please go ahead. Your line is open. Hi. Good morning, team. Just a quick one for me. Can you give us a quick update on your views on the LTV and the LTV targets going forward, and how you think you're going to hit the LTV targets maintaining earnings while going through the disposals for your retail and the high street retail as you carry on forward. Just an update on that would be great. Thank you. That's the only question from me. Yeah. Karoff. Do you like to answer, Niclas? No, go ahead. Go ahead, Hans, please. No. We feel with our actual LTV very comfortable. For us it's more important the REIT equity ratio with this 45% from the legal side. Actually, we have 55% around, and with this we feel very comfortable, and we don't like to stress the ratio much more down. That's not our intention at the moment. Okay. Thank you. Again, that's star one for any telephone questions. It appears there are no further questions at the moment, I'd like to hand the call back to our speakers for any additional or closing remarks. Yeah. Fine. Thank you very much for your attention and interest in our numbers. Should you have any further questions, please don't hesitate to call Christoph or ourselves here directly at the company. Apart from this, we wish you a good week. Again, thanks for attending. Yeah. Thank you very much from my side, too.