DEMIRE Deutsche Mittelstand Real Estate AG: Autobahn Deutschland with long-term lease in Essen
DEMIRE: Autobahn Deutschland with long-term lease in Essen
- Federal motorway administration leases around 7,000 m² for 10 years
- DEMIRE increases occupancy rate of the asset to around 90 percent
Langen / Essen, 12 May 2020: DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has achieved new letting successes in Essen and acquired Autobahn Deutschland GmbH as a tenant. Within the year 2020, the federal motorway administration and its service departments will move into a total of about 7,000 sqm in several successive steps.
DEMIRE - REALize Potential
The portfolio focus on office, retail and logistics assets results in exactly the kind of risk/return structure that DEMIRE considers appropriate for the business line of commercial real estate. The Company puts a premium on long-term contracts with solvent tenants in anticipation of stable and sustainable rental revenues. DEMIRE has set itself the goal to keep optimising its corporate structure. To this end, it pursues an active property management approach, convinced that it is the best way to achieve economies of scale and portfolio optimisations.
End of Media Release
Issuer: DEMIRE Deutsche Mittelstand Real Estate AG
Key word(s): Enterprise
12.05.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG.
|Company:||DEMIRE Deutsche Mittelstand Real Estate AG|
|Robert-Bosch-Straße 11 im 'the eleven'|
|63225 Langen (Hessen)|
|Phone:||+49 6103 37249-0|
|Fax:||+49 6103 37249-11|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart, Tradegate Exchange|
|EQS News ID:||1041011|
|End of News||DGAP Media|
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Currently there is a rather positive sentiment for DEMIRE Deutsche Mittelstand Real Estate AG with 3 Buy predictions and 0 Sell predictions.
As a result the target price of €6.00 shows a positive potential of 49.626% compared to the current price of €4.01 for DEMIRE Deutsche Mittelstand Real Estate AG.