20.06.2024 07:30:28 - dpa-AFX: EQS-News: DEMIRE publishes EPRA Sustainability Report for 2023 - company's CO² emissions significantly lowered (english)

DEMIRE publishes EPRA Sustainability Report for 2023 - company's CO²
emissions significantly lowered

EQS-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): ESG/Real
Estate
DEMIRE publishes EPRA Sustainability Report for 2023 - company's CO²
emissions significantly lowered

20.06.2024 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.

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DEMIRE publishes EPRA Sustainability Report for 2023 - company's CO²
emissions significantly lowered

Langen, 20 June 2024. DEMIRE Deutsche Mittelstand Real Estate AG (ISIN:
DE000A0XFSF0) has reduced its corporate emissions by 39% since 2022. This is
revealed in the company's third sustainability report, which was published
today. "We are conscious of our responsibility to the coming generations and
therefore fully committed to rigorously implementing the transformational
steps required to achieve greater sustainability. The measures we have put
in place are set out clearly in the published report. Besides measures
within our portfolio, these also include internal company changes that
enable every member of staff to make a direct contribution", says Tim
Brückner, CFO of DEMIRE.

In 2023, DEMIRE intensified its focus on reducing the emissions produced by
the company. These include, for example, those arising from utilisation of
its own office space, staff commutes and business trips. With the support of
all employees, the company succeeded in lowering its CO² emissions by 39%
within a year, to a total of 59.5 t during the reporting year 2023. This was
achieved in part by many of DEMIRE's employees switching over to the use of
public transport, thanks to the company's introduction of a bus and rail
ticket. A further key success factor was the consistent use of low-emission
transportation for business trips, which resulted in a 59% reduction in CO²
output, even though the distance travelled for business purposes increased
by almost a quarter.

Thanks to adapted tenant behaviour and the initial positive effects of the
ESG measures the company has introduced, DEMIRE's real estate portfolio
demonstrates falling energy consumption rates for the reporting year 2023.
Compared with the previous year, a reduction of 11.1% was registered. The
total energy consumed was thus lowered to 113 kWh per square metre (previous
year: 128 kWh/ per square metre). Against this, comparisons with the
previous year show an increase in the water consumed (+21.3%) and the amount
of waste produced (+2.4%) by our tenants. DEMIRE views this as being mainly
due to the rebound in office space use, as well as increased retail
footfall, following the Corona pandemic.

The decarbonisation of the portfolio has evolved to become an integral part
of DEMIRE's operative asset management strategy. For example, DEMIRE was
able to produce property-specific CO² balance sheets for the majority of
properties based on their energy consumption data. Using energy audits,
DEMIRE will examine the cost-efficiency of potential reductions in CO2
emissions, and set priorities to ensure that the greatest possible savings
are achieved with the available funds. Further steps are already in
planning, such as, for example, conversion of the metering systems to smart
meters, as well as the gradual introduction of "Green Lease" clauses into
the lease agreements. In addition, the company intends to press ahead with
the installation of more EV charging stations and photovoltaic systems in
its portfolio.

Tim Brückner, CFO of DEMIRE, says: "We, as DEMIRE, consider ourselves bound
by the climate targets set down in the Paris Climate Treaty, and want to
bring the carbon footprint of our portfolio into line with these savings
targets in the long term. We are especially proud of the reductions we have
achieved in our corporate emissions in such a short time, all thanks to the
commitment of our DEMIRE team and the targeted measures we have implemented.
We are fully aware, however, that the process of green transformation in
existing buildings is a long-term mission."

DEMIRE's Sustainability Report for the past business year was drawn up in
accordance with the standards set down by the European Public Real Estate
Association - Sustainability Best Practices Recommendations (EPRA sBPR), and
verified by an independent auditor.

End of Press Release

The full sustainability report can be found here:
https://www.demire.ag/en/publications/


About DEMIRE Deutsche Mittelstand Real Estate AG

Deutsche Mittelstand Real Estate AG acquires and holds commercial real
estate in mid-sized cities and up-and-coming locations bordering
metropolitan areas across Germany. The Company's particular strength lies in
realising the potential of the properties at these locations while focusing
on a range of properties that appeals to both regional and international
tenants. As of 30 September 2023, DEMIRE's portfolio comprises 60 assets
with a lettable space of approx. 0.861 million sqm. Including the
proportionately acquired Cielo property in Frankfurt/Main, the market value
amounts to approximately EUR 1.4 billion as of 30 September 2023.

The portfolio's focus is on office properties with a blend of retail and
hotel properties resulting in a return / risk structure that is appropriate
for the commercial real estate segment. The Company places importance on
long-term contracts with solvent tenants and the realisation of the
properties' potential. DEMIRE anticipates continued stable and sustainable
rental income along with solid value appreciation.

DEMIRE aims to expand its portfolio significantly in the medium term. The
company focuses on assets contributing strongly to the FFO and properties
with the potential for additional value creation. Properties that are not in
line with this strategy will be sold. DEMIRE is being further developed
operationally and procedurally with numerous measures. The company plans to
enhance its operating performance through cost discipline as well as an
active asset and portfolio management approach.

DEMIRE Deutsche Mittelstand Real Estate AG AG (ISIN: DE000A0XFSF0) shares
are listed in the Regulated Market (Prime Standard segment) of the Frankfurt
Stock Exchange.

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


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20.06.2024 CET/CEST Dissemination of a Corporate News, 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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   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:    1929291




End of News EQS News Service
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1929291 20.06.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
DEMIRE DT.MTS.RE AG A0XFSF Frankfurt 1,130 26.06.24 08:02:23 -0,010 -0,88% 0,000 0,000 1,130 1,130

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