Langen

EQS-News: DEMIRE lets 28,000 m² in Eschborn and Freiburg

Retrieved on: 
Wednesday, January 17, 2024

DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has signed leases for a total of around 28,000 m² with an annualised contractual rent of EUR 3.4 million in its properties in Eschborn and Freiburg at the end of 2023.

Key Points: 
  • DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has signed leases for a total of around 28,000 m² with an annualised contractual rent of EUR 3.4 million in its properties in Eschborn and Freiburg at the end of 2023.
  • In Eschborn, DEMIRE extended the lease agreement with the Institute for Federal Real Estate (BImA) for the entire rental space of around 18,900 m² by five years.
  • The district of Breisgau-Hochschwarzwald is expanding its rental space in Freiburg to a total of around 9,100 m².
  • In addition to a lease extension of around 4,400 m², DEMIRE has leased around 4,700 m² to the district for the first time.

EQS-News: DEMIRE sells LogPark in Leipzig to HIH Invest

Retrieved on: 
Saturday, December 30, 2023

DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) sells the logistics property LogPark in Leipzig to HIH Invest Real Estate, Hamburg.

Key Points: 
  • DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) sells the logistics property LogPark in Leipzig to HIH Invest Real Estate, Hamburg.
  • DEMIRE has developed the former Quelle shipping centre, which it acquired in 2015, into a broadly diversified logistics park in recent years.
  • The LogPark has a rental area of around 160,000 m².
  • The main tenants are Amazon, Momox and the international event service provider Neumann & Müller.

EQS-News: DEMIRE announces robust 9M 2023 results, confirms guidance

Retrieved on: 
Saturday, December 30, 2023

DEMIRE announces robust 9M 2023 results, confirms guidance

Key Points: 
  • DEMIRE announces robust 9M 2023 results, confirms guidance
    The issuer is solely responsible for the content of this announcement.
  • DEMIRE announces robust 9M 2023 results, confirms guidance
    Funds from Operations I (after tax, before minority interests) down 9.8% y-o-y to EUR 27.8 million
    2023 guidance confirmed: full-year rental income expected to be between EUR 74.5 and EUR 76.5 million, FFO I (after tax, before minority interests) between EUR 33.0 and EUR 35.0 million
    Langen, Germany, 9 November 2023.
  • Rental income for the nine months was EUR 59.9 million, virtually unchanged from the prior-year period (9M 2022: EUR 59.9 million).
  • The financial result for the first nine months of 2023 was EUR 7.1 million, considerably better than the prior-year period (9M 2022: financial result of EUR -12.9 million).

EQS-News: DEMIRE extends lease of 4,000 sq.m. in Bad Vilbel

Retrieved on: 
Tuesday, December 26, 2023

DEMIRE extends lease of 4,000 sq.m.

Key Points: 
  • DEMIRE extends lease of 4,000 sq.m.
  • in Bad Vilbel
    The issuer is solely responsible for the content of this announcement.
  • DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has signed a ten-year lease extension with its tenant Bad Homburger Inkasso GmbH for 4,000 sq.m.
  • The office building in Bad Vilbel offers a total of 27,600 sq.m.

EQS-News: DEMIRE meets expectations with H1 2023 results

Retrieved on: 
Monday, September 4, 2023

DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has announced financial results for the first half of 2023 in line with management expectations.

Key Points: 
  • DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has announced financial results for the first half of 2023 in line with management expectations.
  • Rental income continues to rise, pre-tax FFO I slightly higher
    During the first half, rental income rose by 3.4% to EUR 40.8 million (H1 2022: EUR 39.5 million), primarily due to rent indexation.
  • “DEMIRE made good progress in generating additional liquidity in the first half of 2023,” says Prof. Dr. Alexander Goepfert, Chief Executive Officer of DEMIRE.
  • The Executive Board of DEMIRE is pleased to invite all interested parties to participate in a conference call on 4th of September 2023, starting at 3:00 p.m. (CEST) during which the financial results for the first half of 2023 will be presented.

EQS-News: Carbon footprint reduced significantly: DEMIRE publishes EPRA Sustainability Report for the year 2022

Retrieved on: 
Thursday, June 29, 2023

DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) managed to achieve significant improvements in its key sustainability indicators during 2022, as documented in the company’s Sustainability Report 22/23 prepared in accordance with the Sustainability Best Practices Recommendations (sBPR) of the European Public Real Estate Association (EPRA).

Key Points: 
  • DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) managed to achieve significant improvements in its key sustainability indicators during 2022, as documented in the company’s Sustainability Report 22/23 prepared in accordance with the Sustainability Best Practices Recommendations (sBPR) of the European Public Real Estate Association (EPRA).
  • In addition to the carbon dioxide (CO2) emissions of its real estate portfolio holdings, DEMIRE’s own corporate carbon footprint was also taken into account for the first time.
  • All of the company’s own emissions were fully offset via Atmosfair, an independent German non-profit organization which arranges carbon offsets.
  • “Our second sustainability report shows that we have achieved improvements in the relevant ESG indicators,” explains Tim Brückner, Chief Financial Officer of DEMIRE.

EQS-News: DEMIRE achieves solid results in Q1 2023

Retrieved on: 
Thursday, May 11, 2023

2023 guidance confirmed with rental income between EUR 71.0 and EUR 73.0 million and FFO I (after tax, before minorities) between EUR 30.0 and EUR 32.0 million

Key Points: 
  • 2023 guidance confirmed with rental income between EUR 71.0 and EUR 73.0 million and FFO I (after tax, before minorities) between EUR 30.0 and EUR 32.0 million
    Langen, 11 May 2023: The results of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) developed in line with management’s expectations in the first quarter of 2023.
  • Rental income increased by 7.4% to EUR 20.8 million (Q1 2022: EUR 19.3 million), mainly due to rent indexations.
  • Earnings before interest and taxes (EBIT) decreased to EUR -14.9 million (Q1 2022: EUR 13.1 million) over the same period.
  • Prof. Dr. Alexander Goepfert, CEO of DEMIRE, said: "DEMIRE is actively adapting to the impact of the new interest level and market conditions.

Clarkson Doctoral Student Abraham Francis Secures Changemaker Fellowship

Retrieved on: 
Tuesday, May 9, 2023

The NDN Changemaker Fellowship is designed to invest in the visions, leadership, and development of Indigenous Changemakers.

Key Points: 
  • The NDN Changemaker Fellowship is designed to invest in the visions, leadership, and development of Indigenous Changemakers.
  • Francis is a PhD student in the Environmental Science & Engineering program at Clarkson University.
  • The Changemaker fellowship will provide him additional funds to allow his ideas and energy to translate into meaningful actions.”
    “Abraham Francis has already demonstrated environmental leadership at Akwesasne and at Clarkson,” added Langen.

  • “I am so grateful to be provided this exciting opportunity through the NDN Collective’s Changemaker Fellowship to develop a theory of change that is directly linked to my dissertation work,” Francis said.

EQS-News: DEMIRE AG announces a further buy back of a portion of its 1.875% Senior Notes 2019/2024

Retrieved on: 
Friday, April 21, 2023

The issuer is solely responsible for the content of this announcement.

Key Points: 
  • The issuer is solely responsible for the content of this announcement.
  • Not for publication or distribution in the United States, Australia, Canada, Japan or South Africa
    International Securities Identification Number (ISIN) of the Senior Notes: DE000A2YPAK1
    Langen, 21 April 2023 – DEMIRE Deutsche Mittelstand Real Estate AG (“DEMIRE”) has successfully completed the repurchase of EUR 51 million nominal of its 1.875% senior notes due in October 2024 traded at the Euro MTF market in Luxembourg.
  • The repurchase is part of DEMIRE’s ongoing liquidity management programme and took place after an initial repurchase of EUR 50 million nominal in November 2022.
  • The nominal value of the bond 2019/24 outstanding to non-group creditors will be reduced to EUR 499 million as a result of the buyback.

EQS-News: DEMIRE sells Telekom property in Ulm

Retrieved on: 
Thursday, April 20, 2023

DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has disposed of a property in Ulm to a German family office.

Key Points: 
  • DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has disposed of a property in Ulm to a German family office.
  • The property has a lettable area of approx.
  • 48,000 sqm and is located in a prominent central location in proximity to Ulm’s main railway station.
  • The property has a long-standing, well-known main tenant in Deutsche Telekom.