DGAP-News

DEMIRE Deutsche Mittelstand Real Estate AG: Changes in the DEMIRE Supervisory Board and Shareholder Structure - Seite 2

"Mr Walcher closely accompanied our Company's repositioning and, as an important partner and advisor, strongly influenced the Company in all aspects. Dr Maser contributed to the Company's strong growth through his many years of transaction experience and was a valuable advisor to the Executive Board at all times. We are very grateful to both of these former Supervisory Board members for these contributions. Now, with Wecken & Cie., we have a professional and very successful name as our largest shareholder. The team led by Mr Wecken has already proven in many of their investments that they can realise potential and create value through forward-looking thinking. We look forward to a stronger cooperation and are pleased to have not only a stable but also supportive shareholder structure," commented Prof Andreas Steyer, CEO of DEMIRE.

The Management Board

Contact information

DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11

D-63225 Langen

Phone: [phone] - 372 49 - 0

Fax: [phone] - 372 49 - 11

[e-mail]
www.demire.ag

_______________________________________

About DEMIRE - First in secondary locations

DEMIRE Deutsche Mittelstand Real Estate AG has commercial real estate holdings in mid-sized cities and up and coming areas bordering German metropolitan areas. As at September 30, 2016, DEMIRE held real estate consisting of 178 properties with a market value of EUR 981 million. As at the reporting date, contractual rents had been firmly agreed upon in the amount of EUR 74.4 million (at an occupancy rate of 87.3 % of the potential rents of EUR 85.2 million) for a term of 5.2 years.

DEMIRE aims to maintain its corporate organisation as lean as possible, although it still believes that economies of scale and portfolio optimisation are best achieved by having its own in-house asset, property and facility management. This safeguards the Company's business expertise and, equally important, allows the Company to maintain direct contact with the customer.

DEMIRE Deutsche Mittelstand Real Estate AG shares (ISIN: DE000A0XFSF0) are listed in the Prime Standard segment of the Deutsche Börse in Frankfurt.