DEMIRE enters the Prime Standard
DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Regulatory Approval DEMIRE enters the Prime Standard - The real estate group's shares fulfil the strictest transparency requirements - Prerequisite is met for acceptance into selection indices Frankfurt/Main, July 15, 2016 - From today forward, the shares of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) will trade in the Prime Standard segment, the segment of the regulated market of the German Stock Exchange (Deutsche Börse) in Frankfurt with the strictest transparency requirements. The commercial real estate group specialising in secondary locations in Germany therefore also meets the level of transparency demanded by international investors in particular and meets a key prerequisite for acceptance into one of the DAX family selection indices. "Our listing in the Prime Standard segment will further raise our visibility in the capital market", explained Hon.-Prof. Andreas Steyer, CEO of the DEMIRE Group. The Executive Board Contact information DEMIRE Deutsche Mittelstand Real Estate AG Investor Relations 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 March 31, 2016, DEMIRE held real estate consisting of 180 properties with a market value of EUR 971 million. As at the reporting date, contractual rents had been firmly agreed upon in the amount of EUR 74.2 million (at an occupancy rate of 87.0 %) for a term of 5.5 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 German Stock Exchange (Deutsche Börse) in Frankfurt. 2016-07-15 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English | |
Company: | DEMIRE Deutsche Mittelstand Real Estate AG | |
Lyoner Straße 32 | ||
60528 Frankfurt am Main | ||
Germany | ||
Phone: | +49 (0)69 / 719 189 79 0 | |
Fax: | +49 (0)69 / 719 189 79 11 | |
E-mail: | ir@demire.ag | |
Internet: | www.demire.ag | |
ISIN: | DE000A0XFSF0 | |
WKN: | A0XFSF | |
Listed: | Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Stuttgart | |
End of News | DGAP News Service |