DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG: Annual General Meeting approves all agenda items with a clear majority


DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): AGM/EGM/Dividend
DEMIRE Deutsche Mittelstand Real Estate AG: Annual General Meeting approves all agenda items with a clear majority

28.04.2021 / 15:44
The issuer is solely responsible for the content of this announcement.

DEMIRE: Annual General Meeting approves all agenda items with a clear majority

- Renewed dividend payment after strong annual result in 2020

- Outlook for the 2021 financial year confirmed

Langen, 28 April 2021 - Todays virtual Annual General Meeting of DEMIRE Deutsche Mittelstand Real Estate AG approved the renewed distribution of a dividend by a clear majority in accordance with the proposal of the Management Board and Supervisory Board. A dividend of 62 eurocents, up 8 eurocents, will be paid for the 2020 financial year, after 54 eurocents per share were already distributed for the 2019 financial year. The other items on the agenda were also approved with a clear majority.

According to Ingo Hartlief, DEMIRE's CEO, the decisive factor for the dividend increase was the Company's very good performance in 2020. "We achieved a record result in 2020 despite the Corona pandemic and would like our shareholders to participate in this. We recently used another part of our liquidty to purchase the attractive Cielo office property in Frankfurt am Main, thus making a future-oriented investment. In addition, our balance sheet figures continue to identify us as a financially strong company and a reliable business partner," Hartlief outlined to the shareholders as part of his accountability report. The course of the 2020 financial year has shown that DEMIRE is successfully dealing with the challenges posed by the COVID 19 pandemic in particular. According to the Chairman of the Management Board, the company's business strategy, which was presented to the shareholders under the slogan "REALise Potential", contributes to this in particular. The company runs a low-risk business model that combines a diversified portfolio with conservative risk profiles, advantageous financing conditions and a correspondingly clearly defined acquisition approach. According to Hartlief, this is how sustainable growth can be achieved, which then enables a dividend payout even in difficult times.

Ingo Hartlief further explained to the shareholders that the company was therefore in the comfortable position of once again being able to pay out a larger dividend without lacking the funds for strategic measures and potential growth initiatives that could be achieved as a result. The shareholders approved the dividend payment with 99.96 percent of the voting capital.

In order to further strengthen the strategic position, the shareholders also approved an authorisation to acquire own shares with 99.71 percent of the voting capital, following the successful implementation of a corresponding programme in July of the previous year and January earlier this year.

The second virtual Annual General Meeting of DEMIRE Deutsche Mittelstand Real Estate AG was attended by 91.15 percent of the registered capital.

About DEMIRE Deutsche Mittelstand Real Estate AG

DEMIRE - REALize Potential

DEMIRE Deutsche Mittelstand Real Estate AG acquires and holds commercial real estate in mid-sized cities and up-and-coming locations bordering metropolitan areas across German. The Company's particular strength lies in realising the potential of the properties at these locations while focusing on a range of properties that appeals to both regional and international tenants. As of 31 Devember 2020, DEMIRE's portfolio contains of 75 assets with lettable space totalling about 1 million sqm and has a market value in excess of EUR 1.4 billion.

The portfolio's focus on office properties with a blend of retail, hotel and logistics properties results in a return / risk structure that is appropriate for the commercial real estate segment. The Company places importance on long-term contracts with solvent tenants and the realisation of the properties' potential. DEMIRE anticipates continued stable and sustainable rental income along with solid value appreciation and expects the portfolio to grow significantly in the medium term. As it expands its portfolio, DEMIRE is concentrating on FFO-strong assets with potential and, at the same time, disposing of properties that are not in line with its strategy. DEMIRE is taking several steps to further the development of its operations and processes. Next to cost consciousness, the operating performance is set to improve through an active asset and portfolio management approach.

DEMIRE Deutsche Mittelstand Real Estate AG shares are listed in the Regulated Market (Prime Standard segment) of the Frankfurt Stock Exchange.



Michael Tegeder
Head of Investor Relations & Corporate Finance
DEMIRE Deutsche Mittelstand Real Estate AG
Fon: + 49 6103 3724944
Email: [email protected]


28.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11 im 'the eleven'
63225 Langen (Hessen)
Phone: +49 6103 37249-0
Fax: +49 6103 37249-11
E-mail: [email protected]
Internet: www.demire.ag
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1190038

End of News DGAP News Service

1190038  28.04.2021 


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 43,34 92,12 73,72 73,71 81,80 87,51 0,00
EBITDA1,2 61,59 85,23 87,54 129,18 155,97 34,88 0,00
EBITDA-Marge3 142,11 92,52 118,75 175,25 190,67 39,86 0,00
EBIT1,4 58,74 83,17 84,60 127,07 155,17 27,65 0,00
EBIT-Marge5 135,53 90,28 114,76 172,39 189,69 31,60 0,00
Jahresüberschuss1 28,87 27,65 19,43 69,05 79,74 9,17 0,00
Netto-Marge6 66,61 30,02 26,36 93,68 97,48 10,48 0,00
Cashflow1,7 10,82 35,35 35,81 38,86 45,84 -24,10 0,00
Ergebnis je Aktie8 0,71 0,39 0,22 0,85 0,70 0,08 0,31
Dividende8 0,00 0,00 0,00 0,00 0,54 0,62 0,25
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

WKN Kurs in € Einschätzung Börsenwert in Mio. €
A0XFSF 4,460 Halten 480,69
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
12,74 8,73 1,45 10,57
1,07 - 5,49 34,66
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
0,62 0,25 5,61 28.04.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
12.05.2021 12.08.2021 11.11.2021 17.03.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
5,54% 2,43% -1,11% 11,50%
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu DEMIRE Deutsche Mittelstand Real Estate AG  ISIN: DE000A0XFSF0 können Sie bei DGAP abrufen

Immobilien (Gewerbe) , A0XFSF , DMRE , XETR:DMRE