DEMIRE – REALize Potential
DEMIRE Deutsche Mittelstand Real Estate AG acquires and holds commercial real estate assets in mid-sized cities and up-and-coming locations bordering German metropolitan areas. The Company’s specific forte is its focus realising asset-based potentials on these second-tier cities – its claim being “REALize Potential” – and on a range of assets that appeals to both internationally active and regionally rooted tenants. After acquiring an office and a department store portfolio as well as a distribution centre over the course of 2019, along with the profitable divestment of smaller, non-strategic assets, DEMIRE holds a portfolio of 87 properties with a combined lettable space exceeding 1.1 million m² and a market value of about EUR 1.5 billion (as of 31 March 2020).
The portfolio focus is on office with addition of attractive retail, hotel and logistics assets results in exactly the kind of risk/return structure that DEMIRE considers appropriate for the business line of commercial real estate. The Company puts a premium on long-term contracts with solvent tenants and realising potential in anticipation of stable and sustainable rental revenues. For further growth, DEMIRE intends to acquire strong, cash-generating assets bearing potential, while non-strategic properties will be divested. DEMIRE has set itself the goal to keep optimising its corporate structure. To this end, it pursues an active property management approach, convinced that it is the best way to achieve economies of scale and portfolio optimisations.
DEMIRE Deutsche Mittelstand Real Estate AG shares (ISIN: DE000A0XFSF0) are listed in the Prime Standard segment of the Frankfurt Stock Exchange