DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Real Estate/Acquisition 
DEMIRE Deutsche Mittelstand Real Estate AG: Landmark building CIELO gets new owner 
2021-03-01 / 07:15 
The issuer is solely responsible for the content of this announcement. 
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Landmark building CIELO gets new owner 
DEMIRE acquires stake in office complex in Frankfurt am Main 
Langen, 1 March 2021. CIELO, the prominent office complex at Theodor-Heuss-Allee 100-104 in Frankfurt am Main, will get 
a new owner in which RFR Group and DEMIRE Deutsche Mittelstand Real Estate AG will hold equal stakes. 
DEMIRE has also contractually secured a purchase right for the entire building complex as part of the transaction. The 
total transaction is valued at over EUR 270 million. The parties expect the transaction to close in the second quarter 
of this year. 
The assset, which was built in 2003 and extensively refurbished from 2018 to 2020, is leased to the Commerzbank AG on a 
long-term basis. Cielo comprises around 37,000 sqm of total space and offers modern technical equipment as well as 
contemporary space layouts. The location is within walking distance of the Frankfurt Trade Fair and on one of the main 
roads of the city. 
"With this transaction, we are consistently continuing DEMIRE's realignment. We expect this transaction to generate an 
average FFO I contribution* of around EUR 5 million per annum in the coming years. In addition, we have the option to 
fully acquire the building complex from our partner RFR in five years on terms already agreed," comments Ingo Hartlief, 
Chairman of the Management Board of DEMIRE AG. 
Dr. Alexander Koblischek, Managing Director of RFR Management GmbH, adds: "We are pleased to have DEMIRE as a strong 
partner from the region for this exciting property. After full occupancy and comprehensive refurbishment by RFR, we are 
now looking forward to the next chapter of Theodor-Heuss-Allee." 
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*after taxes, before minorities 
About RFR 
RFR Holding GmbH is part of the RFR Group of two German-born real estate investors, Aby Rosen and Michael Fuchs. 
Currently, the RFR Group manages real estate assets of over EUR 15 billion in the USA and Germany, of which approx. EUR 
5 billion are in Germany. RFR Management GmbH, based in Frankfurt/Main, is responsible for the property and asset 
management of the RFR Group's real estate portfolio of over 1,000,000 m² in Germany. 
Further information about www.rfr-holding.de 
About DEMIRE Deutsche Mittelstand Real Estate AG 
DEMIRE - REALize Potential 
DEMIRE Deutsche Mittelstand Real Estate AG acquires and holds commercial real estate in medium-sized cities and 
up-and-coming locations in metropolitan areas throughout Germany. The Company's particular strength lies in realising 
real estate potential in these locations and focuses on offering properties that are attractive to both internationally 
active and regional tenants. As at 31 December 2020, DEMIRE had a real estate portfolio of 75 properties with a 
lettable area of around 1.0 million square metres and a market value of more than EUR 1.4 billion. 
The shares of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) are listed in the Prime Standard segment 
of Deutsche Börse in Frankfurt. 
Further information on www.demire.ag 
Contact: 
Michael Tegeder 
Head of Investor Relations & Corporate Finance 
DEMIRE Deutsche Mittelstand Real Estate AG 
Phone: + 49 6103 3724944 
Email: tegeder@demire.ag 
Birgit Ritscher-Filka 
Executive Director / Head of Leasing & Marketing 
RFR Management GmbH 
Elm Street 18 
60325 Frankfurt am Main 
Phone: +49 69 71 299-65 
Email: birgit.ritscher-filka@rfr-management.de 
 
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2021-03-01 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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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:       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:  1171726 
 
End of News   DGAP News Service 
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1171726 2021-03-01

(END) Dow Jones Newswires

March 01, 2021 01:16 ET (06:16 GMT)