DEMIRE Deutsche Mittelstand Real Estate appointed Tim Bruckner as the Company's additional Executive Board member, responsible for the finance department. Mr. Bruckner will assume his position at DEMIRE effective 1 February 2019. As announced at the beginning of January 2019, the Supervisory Board has been able to fill the position for the finance area on the DEMIRE AG Executive Board within a short period of time.

Tim Bruckner is a banker and holds a Master's degree in Banking and Finance. He has long-standing experience in the both the banking and real estate investment sectors. Mr. Bruckner began his career at ING BHF-Bank in Frankfurt and HSBC Bank in London where he held various positions in the areas of corporate finance and mergers & acquisitions, among others.

From August 2007 until March 2012, he was an executive at Rothschild international investment bank working in the area of mergers & acquisitions and specialising in the real estate sector. In his most recent position from May 2012 until January 2019 at CORPUS SIREO Real Estate, a leading German real estate service provider, Mr. Bruckner was, among other positions, the managing director of the company's Luxembourg subsidiary.