DEMIRE Deutsche Mittelstand Real Estate AG, DE000A0XFSF0

DEMIRE revaluates portfolio as of 31 December 2023

22.01.2024 - 15:12:05

DEMIRE revaluates portfolio as of 31 December 2023. DEMIRE Deutsche Mittelstand Real Estate AG / DE000A0XFSF0

EQS-Ad-hoc: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Real Estate


22-Jan-2024 / 15:12 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Ad-hoc notification   Disclosure of inside information pursuant to Article 17 of Regulation (EU) No 596/2014 (MMVO) DEMIRE Deutsche Mittelstand Real Estate AG / Keyword(s): Properties       Langen, 22 January 2024. DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) ("DEMIRE" or the "Company") is currently having the external valuer Savills perform a valuation of its investment properties as of 31 December 2023. Based on a draft valuation, the Company currently assumes that the fair value of the investment properties (like-for-like) as of 31 December 2023 is expected to decrease by 12.0% to 14.5% or EUR 127 million to EUR 154 million compared to the end of 2022. The publication of DEMIRE's annual financial report is planned for 25 April 2024.     Contact: Julius Stinauer Head of Investor Relations & Corporate Finance DEMIRE Deutsche Mittelstand Real Estate AG Phone: +49 6103 372 4944 Email: stinauer@demire.ag


End of Inside Information

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Language: English
Company: DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11
63225 Langen (Hessen)
Germany
Phone: +49 6103 37249-0
Fax: +49 6103 37249-11
E-mail: ir@demire.ag
Internet: www.demire.ag
ISIN: DE000A0XFSF0
WKN: A0XFSF
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1820275

 
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