13.07.2016
DEMIRE Deutsche Mittelstand Real Estate AG DE000A0XFSF0
DGAP-News: DEMIRE has success with new rentals in the town of Goslar (news with additional features)
DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Real
Estate
DEMIRE has success with new rentals in the town of Goslar (news with
additional features)
13.07.2016 / 07:30
The issuer is solely responsible for the content of this announcement.
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DEMIRE has success with new rentals in the town of Goslar
Frankfurt/Main, July 13, 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
Contact information
DEMIRE Deutsche Mittelstand Real Estate AG
Lyoner Straße 32
60528 Frankfurt am Main
Phone: +49 (0) 69-719 189 79 0
Fax: +49 (0) 69-719 189 79 11
Email: [email protected]
Website: www.demire.ag
Investor Relations
GFEI Aktiengesellschaft
Lars Kuhnke
Phone: +49 (0) 511 47 40 23 10
Email: [email protected]
About DEMIRE - First in secondary locations
DEMIRE Deutsche Mittelstand Real Estate AG has commercial real estate
holdings in mid-sized cities and up and coming areas bordering German
metropolitan areas. As at March 31, 2016, DEMIRE held real estate
consisting of 180 properties with a market value of EUR 971 million. As at
the reporting date, contractual rents had been firmly agreed upon in the
amount of EUR 74.2 million (at an occupancy rate of 87.0 %) for a term of
5.5 years.
DEMIRE aims to maintain its corporate organisation as lean as possible,
although it still believes that economies of scale and portfolio
optimisation are best achieved by having its own in-house asset, property
and facility management. This safeguards the Company's business expertise
and, equally important, allows the Company to maintain direct contact with
the customer.
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Additional features:
Picture: http://newsfeed2.eqs.com/magnat/481493.html
Subtitle: DEMIRE-Immobilie in Goslar / DEMIRE property in Goslar/Germany
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13.07.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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: [email protected]
Internet: www.demire.ag
ISIN: DE000A0XFSF0
WKN: A0XFSF
Listed: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Berlin, Stuttgart
End of News DGAP News Service
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481493 13.07.2016
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