Sep 30, 2024 / NTS GMT
Frank Nickel - Demire Deutsche Mittelstand Real Estate AG - Chief Executive Officer, Member of the Management Board
Ladies and gentlemen, good afternoon, everybody from our side as well, and welcome to our results presentation. My name is Frank Nickel, I'm the CEO of Demire. With me here is Tim Brueckner, our CFO; Ralf Bongers, our CIO; and Julius Stinauer, our our Head of Investor Relations.
I'm sure you had a chance to look at our results, although we presented a lot of results today. Our results operationally solid and show a rental income and an FFO I for 2023, in line with our expectations. As you probably are aware, we have focused strongly during 2023 and 2024 on the refinancing of our bonds.
Since summer of 2022, we have created extra liquidity for the refinancing and considering the difficult market environment for property transactions, we have succeeded in doing this well. In 2023, for example, we sold properties for around EUR176 million.
The ones of you that have been deeper into our figures may notice that one of these transactions closed in 2024. And I wanted to say
Half Year 2024 Demire Deutsche Mittelstand Real Estate AG Earnings Call Transcript
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