DEMIRE: Ralf Bongers to step down on 31 March 2026
Langen, 19 January 2026. The Supervisory Board of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) announces a change in the Management Board. Ralf Bongers will leave the company at his own request on 31 March 2026 as planned when his contract expires in order to pursue new professional challenges. He will remain with Demire as a senior advisor beyond his departure.
During his tenure, Ralf Bongers was responsible for numerous large-volume lease agreements and real estate transactions worth around EUR 240 million, among other things. He thus made a decisive contribution to stabilising Demire.
Dr Matthias Prochaska, Chairman of the Supervisory Board of DEMIRE, praised his achievements: 'We regret Ralf Bongers' departure, but respect his desire for a new career direction. Mr. Bongers has successfully driven forward asset management and the transaction business in difficult times. The Supervisory Board would like to express its sincere thanks to him for his outstanding work, commitment and achievements. We wish him every success and all the best for his professional and personal future. We are also particularly pleased that he will remain associated with DEMIRE in an advisory capacity after his departure.'
Ralf Bongers commented on his imminent departure: 'After three years at DEMIRE, I would now like to devote myself to new professional challenges. I would like to thank the Supervisory Board, my colleagues on the Management Board and, in particular, my team for their close, constructive and trusting cooperation.'
With effect from 1 April 2026, the new Chief Executive Officer, Dr Rüffel, will take over the areas of responsibility previously managed by Ralf Bongers. From this date, the Executive Board will consist of Dr Rüffel and Tim Brückner.
End of press release
About DEMIRE Deutsche Mittelstand Real Estate AG
DEMIRE Deutsche Mittelstand Real Estate AG acquires and holds commercial properties in medium-sized cities and up-and-coming peripheral locations in metropolitan areas throughout Germany. The company's particular strength lies in realising real estate potential in these locations and focuses on an offering that is attractive to both international and regional tenants. As of 30 September 2025, DEMIRE had a real estate portfolio of 46 properties with a lettable area of around 573 thousand square metres. Taking into account the proportionately acquired Cielo property in Frankfurt/Main, the market value amounts to around EUR 0.9 billion.
The portfolio's focus on office properties with an admixture of retail and hotel properties is appropriate for the risk/return structure of the commercial property segment. The Company attaches great importance to long-term contracts with solvent tenants and the realisation of potential and therefore continues to expect stable and sustainable rental income and solid value growth. DEMIRE's portfolio is to be significantly expanded in the medium term. In expanding the portfolio, DEMIRE will focus on FFO-strong assets with potential, while properties that do not conform to the strategy will continue to be sold in a targeted manner. DEMIRE will continue to develop its operations and processes with numerous measures. In addition to cost discipline, operating performance is being improved through an active asset and portfolio management approach.
The shares of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) are listed in the Prime Standard of the German Stock Exchange in Frankfurt.
Contact:
Julius Stinauer
Head of Investor Relations & Corporate Finance
T: +49 6103 372 49 44
E: ir@demire.ag
