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 depart the company of his own accord on 31 March 2026, as scheduled upon the expiration of his contract, to embark on new professional endeavors. He will continue to serve Demire as a senior advisor following his departure.
During his term, Ralf Bongers was involved in numerous large-scale lease agreements and real estate transactions amounting to approximately EUR 240 million, among other tasks. Consequently, he played a pivotal role in stabilizing Demire.
Dr Matthias Prochaska, Chairman of DEMIRE’s Supervisory Board, lauded his accomplishments: ‘We are sorry to see Ralf Bongers leave, but we respect his aspiration for a new career path. Mr. Bongers has successfully advanced asset management and transaction activities during challenging times. The Supervisory Board wishes to extend its heartfelt gratitude for his exceptional work, dedication, and achievements. We wish him all the best in his professional and personal life. We are also very glad that he will continue to be associated with DEMIRE in an advisory role post-departure.’
Ralf Bongers commented on his impending departure: ‘After three years at DEMIRE, I now aim to focus on new professional challenges. I wish to thank the Supervisory Board, my fellow Management Board members, and particularly my team for their close, constructive, and trusting collaboration.’
As of 1 April 2026, the new Chief Executive Officer, Dr Rüffel, will assume the responsibilities previously handled by Ralf Bongers. Commencing this date, the Executive Board will comprise Dr Rüffel and Tim Brückner.
End of press release
DEMIRE Deutsche Mittelstand Real Estate AG acquires and holds commercial properties in medium-sized cities and emerging peripheral areas of metropolitan regions across Germany. The company’s distinct strength lies in unlocking real estate potential in these locations and targets an offering appealing to both international and regional tenants. As of 30 September 2025, DEMIRE possessed a real estate portfolio of 46 properties with a leasable area of approximately 573,000 square meters. Factoring in the proportionately acquired Cielo property in Frankfurt/Main, the market value amounts to roughly EUR 0.9 billion.
The portfolio’s emphasis on office properties, complemented by retail and hotel properties, aligns with the risk/return structure of the commercial property sector. The company places great significance on long-term contracts with creditworthy tenants and realizing potential, thereby continuing to anticipate stable and sustainable rental income and robust value appreciation. DEMIRE’s portfolio is set to be significantly expanded in the medium term. When expanding the portfolio, DEMIRE will concentrate on FFO-strong assets with potential, while properties not in line with the strategy will continue to be sold strategically. DEMIRE will continue to develop its operations and processes through various initiatives. Besides cost control, operating performance is being enhanced via an active asset and portfolio management approach.
The shares of DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) are listed on 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
