Demire Deutsche Mittelstand Real Estate Ag · XETR:DMRE
Demire Deutsche Mittelstand Real Estate — Investor Presentation (September 2025)
17 slides from Demire Deutsche Mittelstand Real Estate's investor presentation, September 2025
Slide 1: Company Presentation
Company Presentation September 2025
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 DEMIRE at a glance 02 Portfolio 03 Financials 04 Bond refinancing
Slide 4: DEMIRE at a glance
—] [pemare O1 DEMIRE at a glance
Slide 5: DEMIRE at a glance
01 DEMIRE at a glance1) Value-oriented development of commercial real estate in secondary locations across Germany DEMIRE is a leading German public real estate firm Financial and sustainability reporting achieved Gold focused on office, retail and hotel properties in awards from EPRA secondary loca
Slide 6: Portfolio
—] [pemare O2 Portfolio
Slide 7: Attractive € 0.9bn commercial portfolio
Attractive € 0.9bn1) commercial portfolio German-wide diversified portfolio with office overweight DISTRIBUTION BY FEDERAL STATE2) DISTRIBUTION BY ASSET CLASS2) Hotel & Others Other 6% Bavaria 7% 5% North Rhine Westphalia 26% Baden-Wurttemberg 8% Retail 31% Schleswig-Holstein Total GRI3) Total GRI3)
Slide 8: Portfolio breakdown
Portfolio breakdown1) Diversification across industries, performance indicators reflect reduced asset base OCCUPIERS BY INDUSTRY LETTING PERFORMANCE ANNUALISED CONTRACTUAL RENT % of annualised contractual rent of portfolio sqm 287,600 78.1 85.1 €m 76.7 182,700 56.4 54.5 Public administration, defenc
Slide 9: Financials
—] [pemare 03 Financials
Slide 10: Financials H1 2025
Financials H1 2025 Shortened P&L statement & FFO-bridge: Rental income and FFO lower following portfolio reduction, increased interest expenses H1 2025 H1 2024 Change (€ m) (€ m) (%) Rental income 1 27.8 35.5 (21.7) 11. Lower rental income mainly driven by sale of “LogPark” in Leipzig and deconsolid
Slide 11: Financials H1 2025
Financials H1 2025 Shortened balance sheet: moderate balance sheet contraction, lower reserves following negative profit from the period H1 2025 FY 2024 Change (€ m) (€ m) (%) Investment properties 1 624.1 724.7 (13.9) 11. Reduction primarily following reclassifications of properties to the held for
Slide 12: Financials H1 2025
Financials H1 2025 Net-LTV and Average cost of debt remained largely stable Net-LTV1) (%) Average cost of debt2) (%) 42.4 4.35 4.32 40.9 FY 2024 H1 2025 FY 2024 H1 2025 After significant deleveraging in context of the bond restructuring in Q4 Average cost of debt virtually stable after debt book
Slide 13: Financials H1 2025
Financials H1 2025 Guidance increase for rental income and FFO I in FY 2025 in August Rental income: € 52–54m (from € 51–53m) FFO I1): € 5.0–7.0m (from € 3.5–5.5m) 1) After taxes, before minorities and shareholder loan interest 13
Slide 14: Financials FY 2024
Financials FY 2024 Shortened P&L statement & FFO-bridge: Rental income and FFO down following portfolio reduction, significant profit from bond buy-backs FY 2024 FY 2023 Change (€ m) (€ m) (%) Rental income 1 65.3 78.5 (16.9) 11. Lower rental income mainly driven by sale of “LogPark” in Leipzig and
Slide 15: Bond refinancing
—] [pemare 04 Bond refinancing
Slide 16: Reinstated bond 19/27
Reinstated bond 19/27 Successful extension of the Bond 19/24 to 2027 in November 2024 to achieve a sustainable capital structure for the coming years Key Head of terms Maturity extension 31 December 2027 Shareholder support Up to € 100m shareholder loan for tender offer (deeply subordinated) 3
Slide 17: Contact
Contact www.demire.ag stinauer@demire.ag +49 (0) 6103 37249 44
DEMIRE Deutsche Mittelstand Real Estate — Investor Presentation (September 2025) on 6ix