DEMIRE Deutsche Mittelstand Real Estate AG (XTER:DMRE)
€ 0.84 -0.01 (-1.18%) Market Cap: 88.63 Mil Enterprise Value: -20.95 Mil PE Ratio: 0 PB Ratio: 0.22 GF Score: 64/100

Nine Months 2019 Demire Deutsche Mittelstand Real Estate AG Earnings Call Transcript

Nov 14, 2019 / 09:00AM GMT
Release Date Price: €5.14 (-0.77%)
Operator

Good day, and welcome to the DEMIRE Deutsche Mittelstand Real Estate AG Conference Call on the Q3 Report 2019. Today's conference is being recorded.

At this time, I would like to turn the conference over to Ingo Hartlief. Please go ahead.

Ingo Hartlief
DEMIRE Deutsche Mittelstand Real Estate AG - CEO & Chairman of Executive Board

Good morning, everybody, to our Q3 call today. It's a pleasure to give you an overview of DEMIRE's successful development in the first 9 months 2019. With me here in this call is Tim Brückner, CFO; and Michael Tegeder, Investor Relations.

As I will start with the company presentation and the highlights of strategy and portfolio achievement, Tim will further discuss our financials thereafter. Finally, we will open today's Q&A session.

We begin with the strategy update. Our REALize Potential program that was implemented in early 2019 has 4 pillars. Just to remind you, acquisitions, DEMIRE is aiming to grow its portfolio by the ongoing purchase of real estate in the direction of EUR 2 billion. Asset

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