DEMIRE Deutsche Mittelstand Real Estate AG’s $150,1 Million Capital Increase

Hogan Lovells has advised Baader Bank Aktiengesellschaft as sole global coordinator and sole Bookrunner, in connection with a capital increase of DEMIRE Deutsche Mittelstand Real Estate AG against cash contributions through the partial use of its authorised capital.

As part of the transaction, the company issued 34,512,703 new no par value ordinary bearer shares with dividend entitlements as of 1 January 2018. The new shares were listed at the Frankfurt stock exchange (Prime Standard). The offering consisted of subscription offering for the new shares in DEMIRE Deutsche Mittelstand Real Estate AG to the Company’s existing shareholders and a following placement of the new shares for which subscription has not been exercised with AEPF III 15 S.à.r.l. The placement price was set at EUR 4.35, bringing the gross issuance proceeds from the capital increase to approximately EUR 150,1 million.

DEMIRE Deutsche Mittelstand Real Estate AG is a Frankfurt/Main headquartered real estate Group focused on commercial real estate in Germany. The Group pursues a buy-and-hold-strategy combined with active portfolio management. It is concentrated on both the value-added and core-plus investment approaches.

Hogan Lovells advised Baader Bank AG with a team including Michael Schlitt (Picture), DSusanne Lenz, Daria Latysheva, Dušan Stojkovic, Eva-Christina Sommer, Hannah Krafczyk, Carlos Landschein, Maurice Heine and Sara Sepac

Involved fees earner: Maurice Heine – Hogan Lovells; Carlos Landschein – Hogan Lovells; Daria Latysheva – Hogan Lovells; Susanne Lenz – Hogan Lovells; Michael Schlitt – Hogan Lovells; Sara Šepac – Hogan Lovells; Dušan Stojkovi? – Hogan Lovells;

Law Firms: Hogan Lovells;

Clients: Baader Bank AG;

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