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- Half Year 2023 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptSep 04, 2023€1.97Earnings
- Q1 2023 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptMay 11, 2023€2.5Earnings
- Full Year 2022 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptMar 16, 2023€2.5Earnings
- Q3 2022 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptNov 17, 2022€2.8Earnings
- Q2 2022 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptAug 25, 2022€4.48Earnings
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- Nine Months 2021 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptNov 11, 2021€4.08Earnings
- Half Year 2021 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptAug 12, 2021€4.42Earnings
- Q1 2021 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptMay 12, 2021€4.21Earnings
- Q4 2020 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptMar 17, 2021€4.31Earnings
- Nine Months 2020 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptNov 17, 2020€4.22Earnings
- Half Year 2020 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptAug 19, 2020€4.61 (+8.05%)Earnings
- Q1 2020 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptMay 19, 2020€4.17Earnings
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- Nine Months 2019 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptNov 14, 2019€5Earnings
- Half Year 2019 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptAug 14, 2019€4.92 (+6.55%)Earnings
- Q1 2019 Demire Deutsche Mittelstand Real Estate AG Earnings Call TranscriptMay 15, 2019€5.04Earnings
Q3 2023 Demire Deutsche Mittelstand Real Estate AG Earnings Call Transcript
Ladies and gentlemen, good morning, everybody. And welcome to our results presentation for the first 9 months of 2023.
Thank you for dialing in. I trust and hope you all well. With me here is the DEMIRE's CFO, Tim Bruckner; DEMIRE's CIO, Ralf Bongers; (inaudible) as well as Julius Stinauer, our Head of Investor Relations. I'm sure you have had the chance to look at our results already, which I would summarize as solid and in line with our expectations.
Before I start with the actual presentation of the results, let me briefly speak about the current economic sentiment and how it affects the operations of DEMIRE. A challenging economic environment continues to define the commercial real estate market and the third quarter.
With the outlook for interest rate development is still uncertain, the transaction market is weak, and deal volume was at historically low levels. Increased financing costs makes pricing difficult for market players, and are leading to continued price pressure.
In view of the difficult
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