Demire Deutsche Mittelstand Real Estate Ag · XETR:DMRE
Demire Deutsche Mittelstand Real Estate — Q1 2026 Earnings Presentation
15 slides from Demire Deutsche Mittelstand Real Estate's earnings presentation, May 7, 2026
Slide 1: Results Call Q1 2026
Results Call Q1 2026 7 May 2026
Slide 2: Disclaimer
Disclaimer This document is for informational purposes only. This document is not intended to form the basis of any investment decision and should not be considered as a recommendation by DEMIRE Deutsche Mittelstand Real Estate AG (the “Company”) or any other person in relation to the Company. This
Slide 3: Table of Contents
Table of Contents 01 Executive summary 02 Portfolio highlights 03 Financial highlights
Slide 4: Executive summary
—] [>emrre Ol Executive summary
Slide 5: Executive summary
01 Executive summary Reduced portfolio affects portfolio KPI’s, financials in line with expectations Asset Management Transactions ▪ Annualised contractual rent as of 31 March 2026 at € 45.7m, lower compared ▪ Closing of the disposals of one asset in Flensburg and in Bonn in Q1 for overall to year-e
Slide 6: Portfolio highlights
—] [>emrre 02 Portfolio highlights
Slide 7: Portfolio highlights
02 Portfolio highlights Lower asset base impacts annualised contractual rents, letting performance expected to improve over the course of the year Annualised contractual rent (€ m) Letting performance (sqm) 56.4 45.7 25,530 2,710 FY 2025 Q1 2026 Q1 2025 Q1 2026 ▪ Reduction mainly driven by the small
Slide 8: Portfolio highlights
02 Portfolio highlights Occupancy rate impacted by two larger drivers, WALT materially improved EPRA-Vacancy1) (%) Weighted average lease term (years) 21.0 5.2 4.7 16.4 FY 2025 Q1 2026 FY 2025 Q1 2026 ▪ Increase of vacancy primarily a consequence of two assets becoming ▪ Improved WALT primarily refl
Slide 9: Financial highlights
—] [>emrre 03 Financial highlights
Slide 10: Shortened P&L statement & FFO-bridge
03 Financial highlights Shortened P&L statement & FFO-bridge: Lower profit a consequence of reduced portfolio, G&A expenses stable Q1 2026 Q1 2025 Change (€ m) (€ m) (%) Rental income 11.6 14.0 (17.3) 11. Lower profit from the rental of real estate mainly driven by disposals throughout 2025 Income f
Slide 11: Shortened balance sheet: no material changes compared to year-end 2025
03 Financial highlights Shortened balance sheet: no material changes compared to year-end 2025 Q1 2026 FY 2025 Change (€ m) (€ m) (%) Investment properties 593.4 591.9 0.2 11. Mainly driven by the disposal of one asset in Flensburg Non-current assets held for sale 1 85.4 103.5 (17.5) 22. Decline as
Slide 12: Net-LTV and Cost of debt slightly improved
03 Financial highlights Net-LTV and Cost of debt slightly improved Net-LTV1) (%) Average cost of debt2) (% p.a.) 4.83 4.74 41.8 41.2 FY 2025 Q1 2026 FY 2025 Q1 2026 ▪ Net-LTV virtually unchanged ▪ Average cost of debt slightly lower driven by the (partial) redemption of the loan secured with the ass
Slide 13: Guidance FY 2026 for rental income and FFO confirmed
03 Financial highlights Guidance FY 2026 for rental income and FFO confirmed Rental income: € 41.5–43.5m FFO I1): +/-€ 1.0m 1) After taxes, before minorities and shareholder loan interest 13
Slide 14: Q&A
Q&A 14
Slide 15: Thank you!
Thank you! 15
DEMIRE Deutsche Mittelstand Real Estate — Q1 2026 Earnings Presentation on 6ix