from Mainvestor GmbH / MAGNAT Real Estate Opportunities GmbH & Co (isin : DE000A0XFSF0)
EQS-Adhoc: DEMIRE revaluates portfolio as of 31 December 2023
EQS-Ad-hoc: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Real Estate
DEMIRE revaluates portfolio as of 31 December 2023
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
DEMIRE revaluates portfolio as of 31 December 2023
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
22-Jan-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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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 |
| End of Announcement | EQS News Service |
1820275 22-Jan-2024 CET/CEST