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30.06.2024 22:51:59 - dpa-AFX: EQS-Adhoc: Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014 (english)

Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014

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.

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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

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30-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   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
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DEMIRE DT.MTS.RE AG A0XFSF Xetra 0,930 02.07.24 17:36:01 -0,005 -0,53% 0,000 0,000 0,930 0,935

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