DGAP-Adhoc: DEMIRE Deutsche Mittelstand Real Estate AG: Increase of the 2020 FFO guidance to at least EUR 38 million
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DGAP-Ad-hoc: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Forecast DEMIRE: Increase of the 2020 FFO guidance to above EUR 38 million Langen, 03 December 2020 - The Management Board of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) increases the 2020 guidance for the Funds from Operations* (FFO I, after taxes, before minorities) from EUR 36 and 38 million to now above EUR 38.0 million. The previous year's figure was EUR 34.5 million. Further on, the Management Board confirms the current guidance of EUR 85 to 87 million for rental income 2020, which will also exceed the previous year's figure of EUR 81.8 million. DEMIRE Deutsche Mittelstand Real Estate AG * Funds from operations (FFO I, after tax, before minorities) as defined in the 2019 annual report: https://www.demire.ag/files/demi-gb2019-12uk-b1_2.pdf
Michael Tegeder
03-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | DEMIRE Deutsche Mittelstand Real Estate AG |
| Robert-Bosch-Straße 11 im 'the eleven' | |
| 63225 Langen (Hessen) | |
| Germany | |
| Phone: | +49 6103 37249-0 |
| Fax: | +49 6103 37249-11 |
| E-mail: | [email protected] |
| 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: | 1152677 |
| End of Announcement | DGAP News Service |
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1152677 03-Dec-2020 CET/CEST
