Demire Deutsche Mittelstand Real Estate AG

DEMIRE Deutsche Mittelstand Real Estate AG has continued its planned portfolio sales for 2026, completing three property transactions with total proceeds of around 44 million euros. The company transferred the Roomers hotel property in Frankfurt to IROKO, a French fund management company represented by Norkon GmbH, at the end of August, with the purchase price matching the most recent valuation. Earlier in July, an office property in Kempten was sold to a local investor at a price close to its latest valuation. Additionally, a subsidiary of Fair Value REIT-AG, which is fully consolidated by DEMIRE, sold an office property in Chemnitz at book value, with handover scheduled for the fourth quarter of 2026. The proceeds will be used to strengthen liquidity and, among other things, refinance the 2019/2027 corporate bond.

Fair Value REIT-AG, a subsidiary of DEMIRE Deutsche Mittelstand Real Estate AG, has extended the lease for the buildings at Pascalkehre 15/15a in Quickborn with Commerzbank AG, whose brand comdirect is headquartered there, until the end of 2033. The fully leased office property north of Hamburg comprises approximately 10,500 square meters of rental space. In addition to the long-term extension, green lease agreements were reached under which the owner will make sustainable investments in the property.

DEMIRE Deutsche Mittelstand Real Estate AG has signed a lease with Germany's Federal Agency for Real Estate Tasks for almost 10,000 square meters in its property at Reuterstrasse 65 in Bonn, with the space to be used in connection with the further strengthening of Bonn as an international location and occupied by the United Nations starting this autumn. The deal follows the partial departure of sole tenant Deutsche Telekom last year and marks the successful repositioning of the property as a multi-tenant site. Public-sector tenants account for roughly a quarter of DEMIRE's annual rental income, contributing to the quality of its tenant portfolio through long-term leases.