on Mainvestor GmbH / MAGNAT Real Estate Opportunities GmbH & Co (isin : DE000A0XFSF0)
DEMIRE Receives Initial 'B-' Rating from Scope Ratings
On December 19, 2024, Scope Ratings GmbH assigned an initial issuer rating of 'B-' with a positive outlook to DEMIRE Deutsche Mittelstand Real Estate AG. This reflects the successful restructuring of DEMIRE’s corporate bond, stabilizing its capital structure. Additionally, its diversified portfolio and strong operating profitability were highlighted as positives by the agency. However, reducing leverage remains a main challenge for the company.
The restructured bond received a 'B' rating, credited to its robust collateral structure. DEMIRE’s CFO, Tim Brückner, remarked that this second corporate rating enhances transparency in the capital market, fulfilling bond conditions.
This rating will be monitored continuously and reviewed annually by Scope Ratings to ensure ongoing accuracy.
R. E.
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