DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s):
AGM/EGM/Miscellaneous
DEMIRE Deutsche Mittelstand Real Estate AG: DEMIRE Annual General
Meeting reaffirms growth path
01.09.2015 / 14:27
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DEMIRE Annual General Meeting reaffirms growth path
- 100 % shareholder approval for proposed resolutions
- Creation of authorised and conditional capital resolved, among others
Frankfurt, 1 September 2015 - The shareholders of DEMIRE Deutsche
Mittelstand Real Estate AG ("DEMIRE", ISIN DE000A0XFSF0) unanimously
reaffirmed DEMIRE's growth path at the Annual General Meeting in Frankfurt
on 28 August 2015. In addition to the discharge of the Executive Board and
Supervisory Board and the appointment of the auditor, resolutions on the
agenda included the cancellation and creation of new authorised capital,
the new authorisation to issue convertible bonds and/or bonds with warrants
and the creation of new conditional capital. All agenda items were
unanimously approved thereby paving the way for the Company's further
growth. DEMIRE can now continue to expand its commercial real estate
portfolio, which currently contains 810,000 m².
The Annual General Meeting specifically resolved the creation of new
authorised capital of EUR 13,675,702, the authorisation to issue
convertible bonds and/or bonds with warrants, profit participation rights
and/or profit participation bonds with a total nominal value of up to EUR
125,000,000.00 and the creation additional conditional capital of EUR
3,919,447.00 for granting subscription and conversion rights for the bonds
issued.
Andreas Steyer, Speaker of the Executive Board commented: "We are pleased
that our shareholders are unanimously in favour of our adopted strategy.
With the vote of the Annual General Meeting, we are well equipped with the
capital necessary to achieve our future objectives with regard to the
portfolio's continued expansion."
The Executive Board
About DEMIRE Deutsche Mittelstand Real Estate AG
Leading holder of commercial real estate
DEMIRE Deutsche Mittelstand Real Estate AG is transforming itself into a
leading holder of German commercial real estate. The core business
activities of the Frankfurt/Main headquartered real estate group consist of
the acquisition, the management and the rental of commercial real estate
and their further development, for example, through modification,
modernisation or expansion, and increasing their value through active
portfolio management.
The commercial property portfolio consists of more than 810,000 m2 of
rentable space at the end of July 2015, mainly comprising of office,
logistics and retail properties. Annualised net rent excluding utilities
amounts to approximately EUR 52.2 million. The portfolio's regional focus
lies in Bavaria, North Rhine-Westphalia, Baden-Württemberg, Saxony, Hamburg
and Bremen as well as the Rhein-Main and Rhein-Neckar regions. The in-house
asset, property and facility management ensures the optimum management and
development of the holdings
The DEMIRE real estate group pursues a buy-and-hold-strategy combined with
active portfolio management. It is concentrated on both the value-added and
core-plus investment approaches. The combination of these two approaches
offers a balanced risk-return ratio and attractive opportunities.
The real estate group's lean structure allows it to take action quickly and
flexibly. The shares of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN
DE000A0XFSF0) are listed in the regulated market (General Standard Segment)
of the Frankfurt Stock Exchange.
Contact
DEMIRE Deutsche Mittelstand Real Estate AG
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
Investor Relations
GFEI Aktiengesellschaft
Lars Kuhnke
Phone: +49 (0) 511 47 40 23 10
Email: ir@demire.ag
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01.09.2015 Dissemination of a Corporate News, transmitted by DGAP - a
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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: Regulated Market in Frankfurt (General Standard);
Regulated Unofficial Market in Berlin, Stuttgart
End of News DGAP News Service
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391697 01.09.2015
DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG: DEMIRE Annual General Meeting reaffirms growth path
| Source: EQS Group AG