Brief: DEMIRE Raises FY Rental Income And FFO I Outlook

Demire Deutsche Mittelstand Real Estate AG

07/11/2018 11:48

Nov 7 (Reuters) - Demire Deutsche Mittelstand Real Estate AG
 DMRE.DE :
    * DGAP-ADHOC: DEMIRE: FORECAST FOR RENTAL INCOME INCREASED
TO
APPROXIMATELY EUR 74 MILLION AND FFO I (AFTER TAXES, BEFORE
MINORITIES) TO APPROXIMATELY EUR 23 - 24 MILLION FOR THE FISCAL
YEAR ENDING DECEMBER 31, 2018
    * POSITIVE BUSINESS DEVELOPMENT AND SUCCESSFUL
IMPLEMENTATION OF
DEMIRE 2.0 STRATEGY IN FIRST NINE MONTHS OF FY
    * AS OF SEPTEMBER 30, 2018, RENTAL INCOME WAS APPROXIMATELY
EUR 55
MILLION AND FFO I APPROXIMATELY EUR 18 MILLION

Source text for Eikon:  ID:nEQ9p1cM5a 
Further company coverage:  DMRE.DE 

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