DEMIRE Deutsche Mittelstand Real Estate AG

Report Publication Announcement • Nov 29, 2013

News Details

Corporate | 29 November 2013 17:45

DEMIRE Deutsche Mittelstand Real Estate AG publishes half-year report

DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s):
Half Year Results

29.11.2013 / 17:45

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• Realignment of the Group towards existing high-yield real estate for
  German medium-sized companies (the 'Mittelstand')
• Further decline in liabilities

Frankfurt/Main, November 29, 2013 - DEMIRE Deutsche Mittelstand Real Estate
AG ('DEMIRE', ISIN DE000A0XFSF0) published the results of the first six
months of fiscal year 2013/2014 (March 31). The first half-year was marked
by the Group's realignment towards existing high-yield real estate for
German medium-sized companies (the 'Mittelstand'). We continued to pursue
the disposal of the existing portfolio in order to safeguard the Company's
liquidity and to allow for investments in German commercial real estate
projects.

Against this background, we were able to reduce liabilities further by a
total of EUR 2.6 million to EUR 14.3 million as at September 30, 2013. The
net profit/loss for the period declined to EUR -2.0 million after EUR -1.2
million in the previous year's period mainly as a result of the
restructuring. Earnings per share amounted to EUR -0.14 after EUR -0.09.
The full half-yearly report is available on the Company's website at
www.demire.ag.

About Deutsche Mittelstand Real Estate
DEMIRE Deutsche Mittelstand Real Estate AG is a Frankfurt/Main
headquartered real estate Group with a clear focus on commercial real
estate for the entrepreneurial 'Mittelstand' in Germany.

The Group pursues a buy-and-hold-strategy combined with active portfolio
management. It is concentrated on both the value-added and core-plus
investment approaches. The combination of these two approaches offers a
balanced risk-return ratio and attractive opportunities.

End of Corporate News

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Language: English
Company: DEMIRE Deutsche Mittelstand Real Estate AG
Lyoner Straße 32
60528 Frankfurt am Main
Germany
Phone: +49 (0)69 / 719 189 79 0
Fax: +49 (0)69 / 719 189 79 11
E-mail: info@demire.ag
Internet: www.demire.ag
ISIN: DE000A0XFSF0
WKN: A0XFSF
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, Stuttgart

End of News DGAP News-Service

242506 29.11.2013