DEMIRE Deutsche Mittelstand Real Estate AG: Invitation to backstop

EQS-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Bond
DEMIRE Deutsche Mittelstand Real Estate AG: Invitation to backstop

01.08.2024 / 09:24 CET/CEST
The issuer is solely responsible for the content of this announcement.

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DEMIRE Deutsche Mittelstand Real Estate AG: Invitation to backstop

Langen, 1 August 2024. In connection with the planned financial
restructuring measures of DEMIRE's (the "Company") unsecured corporate bond
due October 15, 2024 (the "Notes") and further to the Company's ad hoc
announcements dated June 5, 2024 and July 1, 2024, respectively, the Company
refers to the backstop letter entered into between the Company and certain
holders of the Notes on June 4, 2024 (the "Backstop Letter") which
contemplates a cash tender offer related to the Notes. DEMIRE hereby
announces that any Eligible Holder (as defined below) of the Notes who
wishes to accede to the Backstop Letter as outlined in the ad hoc
announcement of the Company on June 5, 2024 should contact the Company (at
the contact details below) within the next 14 days to receive a copy of the
Backstop Letter and corresponding instructions for purposes of the accession
thereto.

"Eligible Holders" are defined as persons who are:

  a. either non-U.S. persons located outside the United States or dealers or
    other professional fiduciaries in the United States acting on a
    discretionary basis for the benefit or account of non-U.S. persons
    located outside the United States, as those terms are defined in
    Regulation S under the Securities Act; or persons located in the United
    States or U.S. persons who are either (i) qualified institutional buyers
    within the meaning of Rule 144A under the Securities Act or (ii)
    "accredited investors" as defined in Rule 501(a)(1), (2), (3) or (7)
    under the Securities Act, that are institutions; and

  b. persons other than retail investors in the United Kingdom, defined as a
    person who is one (or more) of: (i) a retail client as defined point (8)
    of Article 2 of Regulation (EU) No. 2017/565 as it forms part of
    domestic law of the UK by virtue of the European Union (Withdrawal) Act
    2018 ("EUWA"); or (ii) a customer within the meaning of the provisions
    of the Financial Services and Markets Authority and any rules or
    regulations made under the FSMA to implement Directive (EU) 2016/97,
    where that customer would not qualify as a professional client, as
    defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as
    it forms part of domestic law of the UK by virtue of the EUWA; (iii) not
    a qualified investor as defined in Article 2 of Regulation (EU) No.
    2017/1129 as it forms part of domestic law of the UK by virtue of the
    EUWA; and

  c. persons other than retail investors in the European Economic Area,
    defined as a person who is one (or more) of: (i) a retail client as
    defined in point (11) of Article 4(1) of MiFID II; (ii) a customer
    within the meaning of Directive (EU) 2016/97 (as amended), where that
    customer would not qualify as a professional client as defined in point
    (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as
    defined in Regulation (EU) 2017/1129 of the European Parliament and of
    the Council of 14 June 2017 on the prospectus to be published when
    securities are offered to the public or admitted to trading on a
    regulated market and repealing Directive 2003/71/EC.

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 Press Release

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. 860 thousand 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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01.08.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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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:    1958899

End of News EQS News Service
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1958899 01.08.2024 CET/CEST