DEMIRE Dt. Mittelstand Real Estate

DEMIRE continues planned portfolio sales: the Hotel Roomers in Frankfurt was handed over to IROKO (represented by Norkon) at the end of August. In addition, an office property in Kempten was sold and a subsidiary sold an office property in Chemnitz (handover Q4 2026). The sale proceeds of a total of around €44 million are intended to strengthen liquidity and, among other things, to refinance the 2019/2027 corporate bond. » Plus sur finanzen.net

DEMIRE reports stable H1 results in a difficult commercial real estate market: rental income fell 17% to EUR 23m and FFO1 dropped from EUR 5m to EUR 2m, while EBIT remained positive at EUR 8m. Management raised the 2026 guidance (rental income EUR 42.5–44.5m; FFO1 EUR 0.5–2.5m), supported by ongoing disposals of EUR 17.5m and post-reporting signed transactions of around EUR 40m. Risks remain a high vacancy rate of 21.5%, a shrinking rental base and high leverage; however, the company sees a robust leasing pipeline and expects further disposals in Q3. » Plus sur de.investing.com

DEMIRE has signed a lease with the Bundesanstalt für Immobilienaufgaben for nearly 10,000 m² at Reuterstraße 65 in Bonn. The spaces in the former postal directorate will be occupied from autumn and will strengthen Bonn’s international position. After the partial departure of Deutsche Telekom, DEMIRE successfully repositioned the property as a multi-tenant site, reinforcing its long-term earnings base. Public tenants account for around a quarter of the portfolio’s annual rental income and contribute to its stability. » Plus sur finanzen.net

In 2025 DEMIRE collected consumption and emissions data for almost its entire real estate portfolio, creating the basis for targeted efficiency measures. Based on the analyses, technical optimizations were implemented and green electricity contracts were signed for all general electricity consumption; the emissions intensity of Scope‑1 and Scope‑2 emissions per rentable area fell by 2.6% in 2025. For 2026 DEMIRE plans further technical measures to reduce emissions and the demand‑driven expansion of charging infrastructure for electric mobility. » Plus sur finanzen.net

AEPF III 15 Sarl (managed by Apollo) and Wecken & Cie., in coordination with DEMIRE, have launched a structured process to divest their combined roughly 90% stake. Rothschild & Co. is advising the company and the major shareholders; a sale via the stock exchange is not currently planned and the process is at an early stage. DEMIRE points to portfolio adjustments carried out in recent years as well as measures to secure liquidity and stabilize financing as the basis for a potential change of ownership. The management board and supervisory board support the process, which aims to strengthen the capital structure, financial flexibility and the strategic development of the portfolio. » Plus sur finanzen.net