Core Insights - Ralf Bongers will step down from his position at DEMIRE Deutsche Mittelstand Real Estate AG on 31 March 2026, as he seeks new professional challenges, but will continue as a senior advisor after his departure [1][3] Group 1: Management Changes - Ralf Bongers has been instrumental in securing lease agreements and real estate transactions totaling approximately EUR 240 million, contributing significantly to the stabilization of DEMIRE [2] - Dr Matthias Prochaska, Chairman of the Supervisory Board, acknowledged Bongers' contributions and expressed gratitude for his work during challenging times [3] - Dr Rüffel will assume the responsibilities previously held by Bongers starting 1 April 2026, alongside Tim Brückner on the Executive Board [3] Group 2: Company Overview - DEMIRE Deutsche Mittelstand Real Estate AG focuses on acquiring and holding commercial properties in medium-sized cities and emerging peripheral locations in metropolitan areas across Germany [4] - As of 30 September 2025, DEMIRE's real estate portfolio consists of 46 properties with a lettable area of approximately 573,000 square meters, and a market value of around EUR 0.9 billion [4] - The company emphasizes long-term contracts with reliable tenants and aims for stable rental income and solid value growth, with plans to significantly expand its portfolio in the medium term [5]
DEMIRE: Ralf Bongers to step down on 31 March 2026
Globenewswire·2026-01-19 19:12