Demire Deutsche Mittelstand Real Estate AGLeases nearly 10,000 sqm to UN via federal agency, strengthening tenant portfolio and rental income.

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.
Demire Deutsche Mittelstand Real Estate AGLeases nearly 10,000 sqm to UN via federal agency, strengthening tenant portfolio and rental income.
Deutsche Telekom AG