Brief: DEMIRE: Two New Notarised Acquisitions Amounting To EUR 118 Mln

Demire Deutsche Mittelstand Real Estate AG

12/12/2019 07:08

Dec 12 (Reuters) - DEMIRE  DMRE.DE :
    * DEMIRE DEUTSCHE MITTELSTAND REAL ESTATE AG: TWO NEW
NOTARISED
ACQUISITIONS AMOUNTING TO EUR 118 MILLION - PORTFOLIO GROWS TO
EUR 1.5 BILLION
    * RISE IN ANNUALISED NET RENTAL INCOME OF EUR 7 MILLION P.A.
    * TRANSACTION VOLUME IN 2019 INCREASES TO MORE THAN EUR 400
MILLION
    * IN 2020, WE EXPECT BOTH PROPERTIES TO MAKE A COMBINED FFO
CONTRIBUTION (FFO I BEFORE TAXES) OF WELL OVER EUR 4 MILLION.

Source text for Eikon:  ID:nEQ33s84La 
Further company coverage:  DMRE.DE 

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