Acquiring Real Estate
DEMIRE Deutsche Mittelstand Real Estate AG is a real estate group with a clear focus on commercial properties in German secondary locations (ABBA Strategy).
The group is pursuing a buy-and-hold strategy with active real estate asset management in order to realize potential.
Regional focus
•Investments in Germany
•Predominantly secondary locations after ABBA Strategy: A-Locations in B-Cities and B-Locations in A-Cities
•Metropolitan areas and large catchment areas or secondary centres with good economic conditions
•Strategic addition of primary locations
Type of use
•Office
•Logistics/Distribution
•Hotel
•Retail
•Mixed-use properties, building complexes
Investment volume
•Single assets from EUR 20m
•Portfolios starting at EUR 50m
•Asset and share deals
Investment profile
Core+ / Core (strategic addition)
•Vacancy max. 10%
•Ø WAULT: Core+ > 5 years / Core > 10 years
•Gross initial yield: Core+ > 5.5% / Core > 4%
•Good building quality, low CapEx expectations
Value-Add
•Vacancy from 10% up to 50%
•Ø WAULT at least 2 years
•Gross initial yield > 6.5%
Tenant structure
•Multi-Tenant structure preferred
•Tenant credit rating: between good and very good
Please send us only property offers with detailed exposé containing following information:
•Property address
•Description of the location (Macro/Micro location)
•Property description incl. year of construction, building quality etc.
•Lettable area
•Current rent (total EUR p.a., EUR p.a. per type of use, Ø EUR/m² per type of use)
•Purchase price
•Fixed lease term (WAULT), fixed lease term incl. options (WALT)
•Parking space situation
•Vacancy
•Number of tenants, tenant list
•Floor plans, photo material