The Executive Board and Supervisory Board of DEMIRE Deutsche Mittelstand Real Estate AG ("DEMIRE", ISIN DE000A0XFSF0) have resolved today to increase the Company’s share capital from authorised capital once by EUR 5,633,710 from EUR 14,306,151 to EUR 19,939,861 against contribution in kind under the exclusion of the subscription rights of shareholders.
Alpine Real Estate GmbH received authorisation to subscribe to the new shares and will provide DEMIRE with a contribution in kind consisting of 94.9 percent of Alpine’s interest in Hanse-Center Objektgesellschaft mbH, 94.9 percent of the interest in Glockenhofcenter Objektgesellschaft mbH, and a receivable against Hanse-Center Objektgesellschaft.
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Alpine Real Estate GmbH received authorisation to subscribe to the new shares and will provide DEMIRE with a contribution in kind consisting of 94.9 percent of Alpine’s interest in Hanse-Center Objektgesellschaft mbH, 94.9 percent of the interest in Glockenhofcenter Objektgesellschaft mbH, and a receivable against Hanse-Center Objektgesellschaft.
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