DEMIRE increases ESG performance: Company's own CO₂ emissions reduced by 40 percent, smart meter initiative expanded

Core Insights - DEMIRE Deutsche Mittelstand Real Estate AG has made significant strides in climate protection and sustainable corporate governance, achieving a 40% reduction in CO₂ emissions and expanding ESG data collection to over 76% of its portfolio [1][2][4]. Group 1: ESG Performance and Initiatives - The company has integrated 14 additional properties into its ESG database, enhancing sustainability measure management [2]. - The transition to green electricity is progressing well, with completion expected by Q3 2025 [3]. - DEMIRE has fully offset its remaining CO₂ emissions of 58.9 tons in 2024, following a 40% reduction since 2022 through green energy and low-emission mobility [4]. Group 2: Strategic Development and Future Plans - Despite temporary relief from CSRD reporting requirements, DEMIRE continues to prioritize high ESG standards, emphasizing the economic sense of climate protection [4]. - In 2025, the company plans to further digitalize its portfolio by rolling out smart meters and implementing more green leases to transparently track tenant consumption [5]. - The expansion of charging infrastructure for e-mobility and further technical optimizations of properties are also on the agenda [5]. Group 3: Company Overview and Portfolio - As of March 31, 2025, DEMIRE's real estate portfolio consists of 49 properties with a lettable area of approximately 594,000 square meters, valued at around EUR 1.0 billion [7]. - The portfolio primarily focuses on office properties, supplemented by retail and hotel properties, which aligns with the risk/return structure of the commercial property segment [8]. - The company aims to expand its portfolio significantly in the medium term, focusing on assets with strong FFO potential while strategically divesting non-conforming properties [8].