Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

    Print Print 

DEMIRE 9-month rental income up at €56.7 million

DEMIRE Deutsche Mittelstand Real Estate AG published its interim statement for the first nine months of 2016. Rental income grew from €21.9 million in the prior year period to €56.7 million as a result of the real estate acquisitions concluded in 2015 and early 2016. Net profit rose from €2.6 million to €6.5 million, the net profit attributable to parent company shareholders climbed to €4.1 million (reference period 2015: €1.6 million). The adjusted profit for the period (FFO) before minority interests amounted to €11.0 million in the first nine months of 2016. DEMIRE is on a good way to achieve both its medium and long term strategic and economic goals as planned. CEO Prof. Andreas Steyer in his comments on t...[…]