DEMIRE Deutsche Mittelstand Real Estate AG: DEMIRE makes its first investment in German commercial real estate

DEMIRE Deutsche Mittelstand Real Estate AG  / Key word(s): Real Estate

31.12.2013 10:39

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Frankfurt am Main, December 31, 2013 - DEMIRE Deutsche Mittelstand Real
Estate AG ('DEMIRE', ISIN DE000A0XFSF0) announces the purchase of a
commercial property located in the greater Munich area, as of January 1,
2014. Thus, immediately following the placement of a convertible bond, the
funds received have been already partially invested and profitably

The investment concerns an office building with ca. 15,000 square meters.
The purchase price was approximately EUR 10 million, of which 20 percent
was financed with equity. This is a multi-tenant property of which
currently around 70 percent is leased to various medium-sized tenants. The
annual rental income currently amounts to a firm EUR 1 million. Further
potential for increasing rental returns is offered by reducing vacancy
rates. This potential will be pursued by DEMIRE's active asset management.
The purchase of this commercial property is in accordance with DEMIRE's
investment strategy.

Through this investment, DEMIRE has taken another significant step in its
realignment in a very short period of time. At the same time, DEMIRE has
been pressing ahead with the examination of other investment opportunities.


DEMIRE Deutsche Mittelstand Real Estate AG
Investor Relations
Lyoner Straße 32
60528 Frankfurt am Main
Phone: +49 (0) 69-719 189 79 0
Fax: +49 (0) 69-719 189 79 11

Press Relations
edicto GmbH
Axel Mühlhaus / Werner Rüppel
Phone: +49 (0) 69-905 50 55 2

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Language:     English
Company:      DEMIRE Deutsche Mittelstand Real Estate AG
              Lyoner Straße 32
              60528 Frankfurt am Main
Phone:        +49 (0)69  / 719 189 79 0
Fax:          +49 (0)69  / 719 189 79 11
ISIN:         DE000A0XFSF0
WKN:          A0XFSF
Listed:       Regulierter Markt in Frankfurt (General Standard);
              Freiverkehr in Berlin, Stuttgart
End of Announcement                             DGAP News-Service