DEMIRE reports expected decline in earnings as a result of property sales in the first three quarters of 2025

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[{"type":"image","alt":"DEMIRE Deutsche Mittelstand Real Estate AG","displaySize":"","headline":null,"caption":"DEMIRE Deutsche Mittelstand Real Estate AG","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":120,"url":"https://media.zenfs.com/en/globenewswire.com/500f9864f4ca0f0601962403797b5781"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/h_LKB.oRxK9lACJExRS4zA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE2ODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/500f9864f4ca0f0601962403797b5781","width":300,"height":120}},"lazy":false},{"type":"text","content":"DEMIRE reports expected decline in earnings as a result of property sales in the first three quarters of 2025 ","length":109,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Rental income fell to EUR 41.4 million (previous year: EUR 50.6 million) as a result of the smaller portfolio size.","length":115,"tagName":"p"}]},{"val":[{"type":"text","content":"FFO I (after tax, before minorities and interests on shareholder loans) decreased to EUR 8.3 million (previous year: EUR 23.0 million).","length":135,"tagName":"p"}]},{"val":[{"type":"text","content":"Guidance for 2025 confirmed: rental income between EUR 52.0 million and EUR 54.0 million; FFO I (after taxes, before minority interests and interests on shareholder loans) between EUR 5.0 million and EUR 7.0 million.","length":216,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":466,"olType":false},{"type":"text","content":"Langen, 6 November 2025. DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) recorded the expected decline in earnings in the first nine months of 2025. This is in line with the forecast and is mainly attributable to the targeted reduction of the real estate portfolio.","length":281,"tagName":"p"},{"type":"text","content":"Decline in rental income and FFO I continues as a result of portfolio streamlining","length":82,"tagName":"p"},{"type":"text","content":"Rental income fell to EUR 41.4 million (9M 2024: EUR 50.6 million). Earnings before interest and taxes (EBIT) declined to EUR -28.1 million in the same period (9M 2024: EUR -13.8 million). The decline is primarily attributable to lower profit from the rental of real estate (EUR -6.5 million compared to the previous year) and write-downs on loans granted to the LIMES companies, which have now been d...

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