DEMIRE AG: Michael Tegeder appointed new Head of Investor Relations & Corporate FinanceLangen, 2 April 2019 -
Michael Tegeder (40) will take over as the new Head of Investor Relations and Corporate Finance at DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) starting on 1 May 2019.
Michael Tegeder studied at the Zeppelin University in Friedrichshafen, completed an MBA programme at Cass Business School in London and has worked in the real estate and finance sectors for nearly twenty years. He was most recently the Managing Director and Commercial Director of the B&O Group, a leading technical service provider for the commercial housing industry. Mr. Tegeder has several years of experience and proven expertise in the field of Investor Relations and Corporate Finance from, among others, his role as the Head of Investor Relations at Patrizia Immobilien AG, as well as from his positions as the Deputy Head of Investor Relations (for a total of six years) and Head of Finance at Vonovia SE in Bochum.
As part of his new role, Michael Tegeder will take over the duties of Peer Schlinkmann, who will leave the company at his own request effective 30 April 2019 to devote himself to a new task.
Tim Brückner, Chief Financial Officer of DEMIRE AG, in his comments about the announcement says: "We at DEMIRE AG are pleased to welcome Michael Tegeder, a recognised and experienced IR specialist with extensive expertise in corporate finance. Together we will professionally carry on and further expand our capital market communications and financing activities in anticipation of DEMIRE's planned growth. We would like to thank Mr Schlinkmann for his strong commitment and, particularly, for his achievements in building up the Investor Relations department over the past two years. We wish him all the best in his further personal and professional endeavours."
The Management BoardContact Details
DEMIRE Deutsche Mittelstand Real Estate AG
Phone: +49 (0) 6103 - 372 49 - 0
Fax: +49 (0) 6103 - 372 49 - firstname.lastname@example.orgPress Contact RUECKERCONSULT GmbH
Nikolaus von Raggamby
Tel.: +49 30 28 44 987 40
Investor RelationsDEMIRE Deutsche Mittelstand Real Estate AG
Tel.: +49 6103 372 49 44
About DEMIRE Deutsche Mittelstand Real Estate AG
DEMIRE - First in Secondary Locations
DEMIRE Deutsche Mittelstand Real Estate AG has commercial real estate holdings in mid-sized cities and up-and-coming locations bordering German metropolitan areas. The company's specific forte is its focus on these second-tier cities-its claim being "First in Secondary Locations"-and on a range of assets that appeals to both internationally active and regionally rooted tenants. By the end of the 2018 financial year, DEMIRE held a portfolio with a combined lettable area of around 926,000 sqm and a fair market value of more than EUR 1.1 billion.
The portfolio focus on office, retail and logistics assets results in exactly the kind of risk/return structure that DEMIRE considers appropriate for the business line of commercial real estate. The Company puts a premium on long-term contracts with solvent tenants in anticipation of stable and sustainable rent revenues. DEMIRE has set itself the goal to keep optimising its corporate structure. To this end, it pursues an active property management approach, convinced that it is the best way to achieve economies of scale and portfolio optimisations.
DEMIRE Deutsche Mittelstand Real Estate AG shares (ISIN: DE000A0XFSF0) are listed in the Prime Standard segment of the Frankfurt Stock Exchange.
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