DEMIRE: Dr Matthias Prochaska appointed new Chairman of the Supervisory Board
DEMIRE: Dr Matthias Prochaska appointed new Chairman of the Supervisory Board
Langen, 2 October 2025. Dr Matthias Prochaska was elected today as the new Chairman of the Supervisory Board of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0). Dr Prochaska had previously been appointed by court order; the appointment took effect on 26 September 2025.
Dr Prochaska is a lawyer specialising in corporate and real estate law. Since 2020, he has been Executive Director at the Lapithus Management Group in Luxembourg, where he has held various management positions since 2013. Dr Matthias Prochaska has more than 15 years of experience in private equity and real estate.
‘I am grateful for the trust placed in me and very much look forward to my new role on the Supervisory Board. In a challenging market environment, I see great opportunities to further advance DEMIRE's successful development. Together, we want to continue consistently on the path we have chosen – with the aim of sustainably increasing profitability and further reducing the debt ratio,’ explains Dr Matthias Prochaska.
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About DEMIRE Deutsche Mittelstand Real Estate AG
DEMIRE Deutsche Mittelstand Real Estate AG acquires and holds commercial properties in medium-sized cities and up-and-coming peripheral locations in metropolitan areas throughout Germany. The company's particular strength lies in realising real estate potential in these locations and focuses on an offering that is attractive to both international and regional tenants. As of 30 June 2025, DEMIRE had a real estate portfolio of 48 properties with a lettable area of around 582 thousand square metres. Taking into account the proportionately acquired Cielo property in Frankfurt/Main, the market value amounts to around EUR 0.9 billion.
The portfolio's focus on office properties with an admixture of retail and hotel properties is appropriate for the risk/return structure of the commercial property segment. The Company attaches great importance to long-term contracts with solvent tenants and the realisation of potential and therefore continues to expect stable and sustainable rental income and solid value growth. DEMIRE's portfolio is to be significantly expanded in the medium term. In expanding the portfolio, DEMIRE will focus on FFO-strong assets with potential, while properties that do not conform to the strategy will continue to be sold in a targeted manner. DEMIRE will continue to develop its operations and processes with numerous measures. In addition to cost discipline, operating performance is being improved through an active asset and portfolio management approach.
The shares of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) are listed in the Prime Standard of the German Stock Exchange in Frankfurt.
Contact:
Julius Stinauer
Head of Investor Relations & Corporate Finance
T: +49 6103 372 49 44
E: ir@demire.ag
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