DEMIRE Deutsche Mittelstand Real Estate AG has commercial real estate holdings in mid-sized cities and up-and-coming locations bordering German metropolitan areas. As of September 30, 2017, DEMIRE held real estate with a value of approx. EUR 1 billion. As of the reporting date, annualised contractual rents had been firmly agreed upon in the amount of circa EUR 72 million for an average term of 4.8 years.