Led by Frankfurt partner Michael Schlitt, Hogan Lovells advised DEMIRE Deutsche Mittelstand Real Estate AG (“DEMIRE”) on the repurchase of EUR 50 million in principal amount of its 1.875% Senior Notes due October 2024. The Senior Notes are traded on the Euro MTF market in Luxembourg.

As a result of the repurchase, the outstanding nominal value of the 2019/24 bond held by non-Group creditors will be reduced to EUR 550 million.

Hogan Lovells team for DEMIRE

Prof. Dr. Michael Schlitt (Partner), Dr. Susanne Ries (Of Counsel), Dr. Sebastian Biller (Counsel), Christian Schröder (Associate) (all Corporate and Capital Markets, Frankfurt);

Alexander Koch (Partner), Ariane Mehrshahi Marks (Counsel), Agnes Merz (Senior Associate) (all Corporate & Finance Luxembourg).

DEMIRE (In-house): Dr. Felix Kampmann (Head of Legal)