Demire Deutsche Mittelstand Real Estate Ag · XETR:DMRE
Demire Deutsche Mittelstand Real Estate — Investor Presentation (March 2025)
14 slides from Demire Deutsche Mittelstand Real Estate's investor presentation, March 2025
Slide 1: Company Presentation
Company Presentation March 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 7% 8% Bavaria 5% North Rhine Westphalia 28% Schleswig-Holstein 11% Retail Total GRI3) 32% Total GRI3) € 51.3m € 51.3m
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 127,800 €m 76.7 56.4 51.3 74,400 68,400 Public administration, defence, s
Slide 9: Financials
—] [pemare 03 Financials
Slide 10: Financials FY 2025
Financials FY 2025 Shortened P&L statement & FFO-bridge: Rental income and FFO down following portfolio reduction, elevated interest expenses FY 2025 FY 2024 Change (€ m) (€ m) (%) Rental income 1 53.5 65.3 (18.0) 11. Lower rental income mainly driven by sale of “LogPark” in Leipzig and deconsolidat
Slide 11: Financials FY 2025
Financials FY 2025 Shortened balance sheet: moderate balance sheet contraction, lower reserves following negative profit from the period FY 2025 FY 2024 Change (€ m) (€ m) (%) Investment properties 1 591.9 724.7 (18.3) 11. Reduction primarily following valuation losses and reclassifications from inv
Slide 12: Financials FY 2025
Financials FY 2025 Net-LTV practically stable, Cost of debt moderately higher Net-LTV1) (%) Average cost of debt2) (% p.a.) 4.83 4.35 40.9 41.8 FY 2024 FY 2025 FY 2024 FY 2025 Net-LTV only slightly higher despite material revaluation losses Average cost of debt increased mainly driven by the pro
Slide 13: Financials FY 2025
Financials FY 2025 Guidance FY 2025 for rental income and FFO achieved, lower numbers expected for FY 2026 given reduced portfolio Guidance FY 2025 Guidance Actual Guidance FY 2026 Guidance Rental income € 52.0 – 54.0m € 53.5m Rental income € 41.5 – 43.5m FFO I1) € 9.0 – 11.0m € 10.1m FFO I1) € -1.0
Slide 14: Contact
Contact www.demire.ag stinauer@demire.ag +49 (0) 6103 37249 44
DEMIRE Deutsche Mittelstand Real Estate — Investor Presentation (March 2025) on 6ix