DEMIRE Deutsche Mittelstand Real Estate AG: DEMIRE Annual General Meeting reaffirms growth path

DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): AGM/EGM/Miscellaneous

2015-09-01 / 14:27

DEMIRE Annual General Meeting reaffirms growth path

- 100 % shareholder approval for proposed resolutions

- Creation of authorised and conditional capital resolved, among others

Frankfurt, 1 September 2015 - The shareholders of DEMIRE Deutsche Mittelstand Real Estate AG ("DEMIRE", ISIN DE000A0XFSF0) unanimously reaffirmed DEMIRE's growth path at the Annual General Meeting in Frankfurt on 28 August 2015. In addition to the discharge of the Executive Board and Supervisory Board and the appointment of the auditor, resolutions on the agenda included the cancellation and creation of new authorised capital, the new authorisation to issue convertible bonds and/or bonds with warrants and the creation of new conditional capital. All agenda items were unanimously approved thereby paving the way for the Company's further growth. DEMIRE can now continue to expand its commercial real estate portfolio, which currently contains 810,000 m².

The Annual General Meeting specifically resolved the creation of new authorised capital of EUR 13,675,702, the authorisation to issue convertible bonds and/or bonds with warrants, profit participation rights and/or profit participation bonds with a total nominal value of up to EUR 125,000,000.00 and the creation additional conditional capital of EUR 3,919,447.00 for granting subscription and conversion rights for the bonds issued.

Andreas Steyer, Speaker of the Executive Board commented: "We are pleased that our shareholders are unanimously in favour of our adopted strategy. With the vote of the Annual General Meeting, we are well equipped with the capital necessary to achieve our future objectives with regard to the portfolio's continued expansion."

The Executive Board

About DEMIRE Deutsche Mittelstand Real Estate AG

Leading holder of commercial real estate

DEMIRE Deutsche Mittelstand Real Estate AG is transforming itself into a leading holder of German commercial real estate. The core business activities of the Frankfurt/Main headquartered real estate group consist of the acquisition, the management and the rental of commercial real estate and their further development, for example, through modification, modernisation or expansion, and increasing their value through active portfolio management.

The commercial property portfolio consists of more than 810,000 m2 of rentable space at the end of July 2015, mainly comprising of office, logistics and retail properties. Annualised net rent excluding utilities amounts to approximately EUR 52.2 million. The portfolio's regional focus lies in Bavaria, North Rhine-Westphalia, Baden-Württemberg, Saxony, Hamburg and Bremen as well as the Rhein-Main and Rhein-Neckar regions. The in-house asset, property and facility management ensures the optimum management and development of the holdings

The DEMIRE real estate group pursues a buy-and-hold-strategy combined with active portfolio management. It is concentrated on both the value-added and core-plus investment approaches. The combination of these two approaches offers a balanced risk-return ratio and attractive opportunities.

The real estate group's lean structure allows it to take action quickly and flexibly. The shares of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN DE000A0XFSF0) are listed in the regulated market (General Standard Segment) of the Frankfurt Stock Exchange.


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

Investor Relations
GFEI Aktiengesellschaft
Lars Kuhnke
Phone: +49 (0) 511 47 40 23 10

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