DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Disposal 26.06.2014 11:39 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- DEMIRE Deutsche Mittelstand Real Estate AG: Publication of an ad hoc announcement pursuant to Section 15 WpHG DEMIRE successfully concludes commitment in Turkey Frankfurt/Main, June 26, 2014 - DEMIRE Deutsche Mittelstand Real Estate AG ("DEMIRE", ISIN DE000A0XFSF0) has successfully completed its commitment in Turkey. Today, DEMIRE has concluded a contract for the sale of its 32.44% interest in the Luxembourg investment company which holds the Turkish property. DEMIRE will receive cash proceeds of a mid-single digit euro million amount. This transaction will also result in a capital gain to be recognised in the second quarter (July - September) of the 2014/2015 fiscal year. In addition, the withdrawal from Turkey will further reduce the Group's complexity and its ongoing operating costs. Thus, DEMIRE makes considerable progress with its strategy of focussing on commercial real estate in Germany. The resulting proceeds will be used to rapidly drive the continued expansion of the German commercial property portfolio. The focus remains on properties with attractive returns and positive cash flows from the outset. End of the announcement Contact DEMIRE Deutsche Mittelstand Real Estate AG Investor Relations Lyoner StraÃe 32 60528 Frankfurt am Main Phone: +49 (0) 69-719 189 79 0 Fax: +49 (0) 69-719 189 79 11 Email: ir@demire.ag Web: www.demire.ag Press Relations edicto GmbH Axel Mühlhaus / Werner Rüppel Phone: +49 (0) 69-905 50 55 2 Email: amuehlhaus@edicto.de 26.06.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: DEMIRE Deutsche Mittelstand Real Estate AG Lyoner StraÃe 32 60528 Frankfurt am Main Germany Phone: +49 (0)69 / 719 189 79 0 Fax: +49 (0)69 / 719 189 79 11 E-mail: info@demire.ag Internet: www.demire.ag ISIN: DE000A0XFSF0 WKN: A0XFSF Listed: Regulierter Markt in Frankfurt (General Standard); Freiverkehr in Berlin, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------
DGAP-Adhoc: DEMIRE Deutsche Mittelstand Real Estate AG: DEMIRE successfully concludes commitment in Turkey
| Source: EQS Group AG