Corporate News

DEMIRE has success with new rentals in the town of Goslar

Frankfurt/Main, 13. July 2016 – DEMIRE Deutsche Mittelstand Real Estate AG has raised the future annual rent for its property Rosentorstraße 15 in Goslar, Germany, by almost 40 % by concluding several new rental agreements over the last twelve months.

The property, which is designated as a protected landmark, is located in the inner city of Goslar and consists of roughly 4,600 m² of rental space. At the time of its purchase, the vacancy rate stood at 30 %. In the past few months following the property’s renovation, both an educational organisation has become a new tenant and a new lease starting in September 2016 was concluded with Deutsche Bank AG for a period of 10 years. Aside from a small portion of warehouse space, the property is now fully let on a long-term basis.

Markus Drews, member of the DEMIRE Executive Board responsible for the operating business commented: “The example of Goslar proves that our strategy of having in-house asset, property and facility management is unfolding successfully. Having the entire value chain under one roof has not only a direct positive impact on the earnings situation of the entire Group but also supports the appreciation of the properties’ value.”

The Executive Board

Property photo

Über die DEMIRE Deutsche Mittelstand Real Estate AG

DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11
63225 Langen
phone: +49 (0) 6103 – 372 49-0
fax: +49 (0) 6103 – 372 49-11
email: ir_at_demire.ag
Web: www.demire.ag

Michael Tegeder
Head of Investor Relations
& Corporate Finance

phone: +49 (0) 6103 37249 44
fax: +49 (0) 6103 37249 11
email: ir_at_demire.ag

Feldhoff & Cie. GmbH
Herr Markus Heber
phone: +49 69 26 48 677 – 19
email: mh_at_feldhoff-cie.de