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EQS-Ad-hoc: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Financing
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014
30-Jun-2024 / 22:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014
DEMIRE did not yet agree on an extension regarding a loan to finance a real estate portfolio with DZ HYP AG; risk of
insolvency for the four property companies concerned
Langen, 30. June 2024. Subsidiaries of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) ("Company") had
taken out a non-recourse loan ("Loan") from DZ HYP AG in the amount of around EUR 82m to finance a real estate
portfolio ("Limes-Portfolio"). The Loan is due today, on June 30, 2024.
The Company and the property companies concerned had been in negotiations with DZ HYP AG about the extension of the
Loan. To date the negotiations with DZ HYP have not been successful and the extension of the maturity of the Loan has
not been granted. Subsequent negotiation attempts, in which DEMIRE's main shareholder offered additional support for
the four property companies concerned, have also been unsuccessful.
There is therefore a risk of insolvency for the four property companies. Nevertheless, on the basis of recent
discussions with DZ HYP AG, the Company believes that it should be possible to agree on the orderly repayment of the
Loan outside of an insolvency of the property companies in the time available until the insolvency application has to
be filed. The Company's unsecured bond (ISIN: DE000A2YPAK1) with a maturity date of October 15, 2024 and a current
outstanding amount of EUR 499 million, which is currently the subject of restructuring, cannot be accelerated due to
this circumstance.
Contact:
Julius Stinauer MRICS
Head of Investor Relations & Corporate Finance
DEMIRE Deutsche Mittelstand Real Estate AG
Telefon: +49 6103 372 4944
Email: stinauer@demire.ag
End of Inside Information
30-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      DEMIRE Deutsche Mittelstand Real Estate AG 

Robert-Bosch-Straße 11
63225 Langen (Hessen)
Germany

Phone:        +49 6103 37249-0 
Fax:          +49 6103 37249-11 
E-mail:       ir@demire.ag 
Internet:     www.demire.ag 
ISIN:         DE000A0XFSF0 
WKN:          A0XFSF 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Stuttgart, Tradegate Exchange
EQS News ID: 1936241

End of Announcement EQS News Service
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1936241 30-Jun-2024 CET/CEST

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June 30, 2024 16:53 ET (20:53 GMT)