DEMIRE: Fair Value REIT-AG appoints Ralf Kind to the Management Board and as chief executive officer
December 05, 2017 at 02:05 am EST
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DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG / Key word(s): Change of Personnel
DEMIRE: Fair Value REIT-AG appoints Ralf Kind to the Management Board and as chief executive officer
05.12.2017 / 08:00
The issuer is solely responsible for the content of this announcement.
Langen, 5 December 2017 - The Supervisory Board of Fair Value REIT-AG, in which DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) holds a substantial interest and currently 77.7 % of the voting rights, yesterday appointed Mr Ralf Kind, CEO/CFO of DEMIRE, as a member of the Management Board. As a result, the Management Board of Fair Value REIT-AG consists of two members. Mr Ralf Kind will take on the role of Chairman of the Management Board (CEO). Retaining his position as member of the Management Board is Mr Patrick Kaiser, who has been a Management Board member of Fair Value REIT-AG since 1 November 2016.
Furthermore, Dr Thomas Wetzel and Mr Daniel Zimmer were appointed as members of the Supervisory Board of Fair Value REIT-AG by the District Court of Munich - Registration Court effective 1 December 2017. The Court has thereby complied with the corresponding proposals of the Management Board of Fair Value REIT-AG. At the same time, the Supervisory Board yesterday elected Mr Frank Hölzle as its Chairman and Dr Thomas Wetzel as Deputy Chairman. Mr Hölzle has already been a member of the Supervisory Board of Fair Value REIT-AG since September 2017.
05.12.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.
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Language:
English
Company:
DEMIRE Deutsche Mittelstand Real Estate AG
Robert-Bosch-Straße 11 im 'the eleven'
63225 Langen (Hessen)
Germany
Phone:
+49 6103 37249-0
Fax:
+49 6103 37249-11
E-mail:
ir@demire.ag
Internet:
www.demire.ag
ISIN:
DE000A0XFSF0
WKN:
A0XFSF
Listed:
Regulated Market in Berlin, Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Stuttgart, Tradegate Exchange
DEMIRE Deutsche Mittelstand Real Estate AG is a Germany-based commercial real estate company. The Company focuses on office, retail and logistics real estate and owns approximately 70 commercial properties with rentable building space in medium-sized cities and locations bordering metropolitan areas across Germany, such as in the Munich, Freiburg, Rostock, Stuttgart, Cologne, Leverkusen, Dusseldorf, Bonn, Wuppertal, Bremen, Hamburg, Berlin, Leipzig and Dresden areas. The core business activities of the Company are the acquisition, the management and the rental of commercial real estate and their further development, for example, through modification, modernization or expansion and active portfolio management.