Demire Deutsche Mittelstand Real Estate AG Q3 2024 Earnings Call Transcript - Thomson StreetEvents

Demire Deutsche Mittelstand Real Estate AG Q3 2024 Earnings Call Transcript

Demire Deutsche Mittelstand Real Estate AG Q3 2024 Earnings Call Transcript - Thomson StreetEvents
Demire Deutsche Mittelstand Real Estate AG Q3 2024 Earnings Call Transcript
Published Nov 07, 2024
5 pages (2687 words) — Published Nov 07, 2024
Price US$ 54.00  |  Buy this Report Now

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Abstract:

Edited Transcript of DMRE.DE earnings conference call or presentation 7-Nov-24 9:00am GMT

  
Brief Excerpt:

...Ladies and gentlemen, good morning, everyone. And welcome to our results presentation for the first nine months in 2024. With me here is Tim Brnckner, DEMIRE's CFO; Ralf Bongers, DEMIRE's CIO; and Julius Stinauer, our Head of Investor Relations. I'm sure you had a chance to look at our results, which I would summarize as solid. Rental income and FFO I are both in line with our expectations. Before going into more details, I'd like to highlight that we wanted to finish the refinancing of our bond yesterday. But as a matter of fact, we are still settling a final transaction as part of the backstop agreement and the finalization can only be a matter of days until the implementation of our amended and extended bond. This means we will enter into much calmer waters financially since we then have our main financing in place until the end of 2027. As a company, we will now focus to continue -- we will now to focus on our core business, the letting and optimizing of real estate, and disposals of...

  
Report Type:

Transcript

Source:
Company:
Demire Deutsche Mittelstand Real Estate AG
Ticker
DMRE.DE
Time
9:00am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Philipp Sennewald - NuWays AG - Analyst : Yes. Hello. Good morning, guys. Thanks for the presentation. One follow-up on the planned disposals. You mentioned three deals are set to be closed until the end of the year. Can you -- if you can elaborate a bit on the volume there? And then you also mentioned that some deals are close to be closed but will be closed in 2025. What is the volume of those deals, if you can say anything on this?


Question: Philipp Sennewald - NuWays AG - Analyst : Thanks. That's very helpful. And maybe another one on the LIMES portfolio, You mentioned that you expect a stable valuation there. So do you expect that there's anything left after the end of the process for DEMIRE there, any cash left? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. NOVEMBER 07, 2024 / 9:00AM, DMRE.DE - Q3 2024 Demire Deutsche Mittelstand Real Estate AG Earnings Call


Question: Philipp Sennewald - NuWays AG - Analyst : Very good. That's helpful. Thank you. And maybe one last point, if I may. You mentioned that you are confident you're going to prolong some loans in '24 and '25. Tim, if you can, can say anything on the expected interest rate effect on those?


Question: Philipp Sennewald - NuWays AG - Analyst : All right. Thank you. That's it from my side. Thank you, guys.

Table Of Contents

Demire Deutsche Mittelstand Real Estate AG Q1 2025 Earnings Call Transcript – 2025-05-08 – US$ 106.00 – Edited Transcript of DMRE.DE earnings conference call or presentation 8-May-25 8:00am GMT

Full Year 2024 Demire Deutsche Mittelstand Real Estate AG Earnings Call Transcript – 2025-03-20 – US$ 54.00 – Edited Transcript of DMRE.DE earnings conference call or presentation 20-Mar-25 9:00am GMT

Half Year 2024 Demire Deutsche Mittelstand Real Estate AG Earnings Call Transcript – 2024-09-30 – US$ 54.00 – Edited Transcript of DMRE.DE earnings conference call or presentation 30-Sep-24 10:59am GMT

Demire Deutsche Mittelstand Real Estate AG Q3 2023 Earnings Call Transcript – 2023-11-09 – US$ 54.00 – Edited Transcript of DMRE.DE earnings conference call or presentation 9-Nov-23 9:00am GMT

Half Year 2023 Demire Deutsche Mittelstand Real Estate AG Earnings Call Transcript – 2023-09-04 – US$ 54.00 – Edited Transcript of DMRE.DE earnings conference call or presentation 4-Sep-23 1:00pm GMT

Demire Deutsche Mittelstand Real Estate AG Q1 2023 Earnings Call Transcript – 2023-05-11 – US$ 54.00 – Edited Transcript of DMRE.DE earnings conference call or presentation 11-May-23 8:00am GMT

Full Year 2022 Demire Deutsche Mittelstand Real Estate AG Earnings Call Transcript – 2023-03-16 – US$ 54.00 – Edited Transcript of DMRE.DE earnings conference call or presentation 16-Mar-23 9:00am GMT

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MLA:
Thomson StreetEvents. "Demire Deutsche Mittelstand Real Estate AG Q3 2024 Earnings Call Transcript" Nov 07, 2024. Alacra Store. May 15, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-Demire-Deutsche-Mittelstand-Real-Estate-AG-Earnings-Call-T16174932>
  
APA:
Thomson StreetEvents. (2024). Demire Deutsche Mittelstand Real Estate AG Q3 2024 Earnings Call Transcript Nov 07, 2024. New York, NY: Alacra Store. Retrieved May 15, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2024-Demire-Deutsche-Mittelstand-Real-Estate-AG-Earnings-Call-T16174932>
  
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