Demire Deutsche Mittelstand Real Estate Ag · XETR:DMRE
Demire Deutsche Mittelstand Real Estate — Q3 2025 Earnings Presentation
15 slides from Demire Deutsche Mittelstand Real Estate's earnings presentation, Nov 6, 2025
Slide 1: Results Call Q3 2025
Results Call Q3 2025 6 November 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 Executive summary 02 Portfolio highlights 03 Financial highlights
Slide 4: Executive summary
—] [pemare Ol Executive summary
Slide 5: Executive summary
01 Executive summary Strong letting performance, progress on divestment targets and stable financial ratios Asset Management Transactions Annualised contractual rent as of 30 September 2025 at € 53.9m, lower Disposals successfully executed with expected overall proceeds of c. € 40m compared to y
Slide 6: Portfolio highlights
—] [pemare 02 Portfolio highlights
Slide 7: Portfolio highlights
02 Portfolio highlights Annualised contractual rent lower due to smaller portfolio, letting performance stable on a high level Annualised contractual rent (€ m) Letting performance (sqm) 56.4 112,400 53.9 60,300 56,200 FY 2024 Q3 2025 Q3 2024 Q3 2025 Reduction mainly driven by disposals of three s
Slide 8: Portfolio highlights
02 Portfolio highlights Occupancy rate impacted by one larger driver, WALT improved EPRA-Vacancy1) (%) Weighted average lease term (years) 17.4 4.6 4.7 15.1 FY 2024 Q3 2025 FY 2024 Q3 2025 Increase of vacancy primarily a consequence of Deutsche Telekom WALT improvement reflects a prolongation wi
Slide 9: Financial highlights
—] [pemare 03 Financial highlights
Slide 10: Shortened P&L statement & FFO-bridge
03 Financial highlights Shortened P&L statement & FFO-bridge: Rental income and FFO down following portfolio reduction, elevated interest expenses Q3 2025 Q3 2024 Change (€ m) (€ m) (%) Rental income 1 41.4 50.6 (18.2) 11. Lower rental income mainly driven by sale of “LogPark” in Leipzig and deconso
Slide 11: Shortened balance sheet
03 Financial highlights Shortened balance sheet: moderate balance sheet contraction, lower reserves following negative profit from the period Q3 2025 FY 2024 Change (€ m) (€ m) (%) Investment properties 1 625.5 724.7 (13.7) 11. Reduction primarily following reclassifications from investment properti
Slide 12: No material changes in terms of Net-LTV and Cost of debt
03 Financial highlights No material changes in terms of Net-LTV and Cost of debt Net-LTV1) (%) Average cost of debt2) (% p.a.) 43.0 4.35 4.43 40.9 FY 2024 Q3 2025 FY 2024 Q3 2025 After significant deleveraging in context of the bond restructuring in Q4 Average cost of debt virtually stable after
Slide 13: Guidance for rental income and FFO confirmed
03 Financial highlights Guidance for rental income and FFO confirmed despite Q3-FFO exceeding the FY guidance Rental income: € 52–54m FFO I1): € 5.0–7.0m 1) After taxes, before minorities and shareholder loan interest 13
Slide 14: Q&A
Q&A 14
Slide 15: Thank you!
Thank you! 15
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