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DGAP-News: DIC Asset AG Invests in Munich, a Highly Attractive Location - Two of the City's Most Outstanding Properties Acquired for c. EUR 635 Million: 'Uptown Tower' and 'Campus C'

Retrieved on: 
Monday, June 7, 2021

DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, announced the acquisition of two office properties in Munich via an off-market transaction today.

Key Points: 
  • DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, announced the acquisition of two office properties in Munich via an off-market transaction today.
  • With the acquisition, DIC Asset AG transacted its largest investment in the Bavarian state capital to date, and will benefit long-term from the economic development of the metropolis.
  • The transfer of benefits and burdens for both of the properties is scheduled for the end of the second quarter of 2021.
  • The Commercial Portfolio segment (EUR 2.0 billion in assets under management) represents the proprietary real estate portfolio of DIC Asset AG.

DGAP-News: DIC off to dynamic start into 2021

Retrieved on: 
Thursday, May 6, 2021

Today, DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany\'s leading listed property companies, publishes its figures for the first quarter of 2021.

Key Points: 
  • Today, DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany\'s leading listed property companies, publishes its figures for the first quarter of 2021.
  • Following a strong finish at the end of last year, DIC Asset AG started into 2021 with the same momentum.
  • With the 360 degrees\' approach covering all aspects of the property it continues to demonstrate the stability and crisis-resilience of its business model.
  • They were driven by the growth of the property management platform and the takeover of RLI Investors GmbH at the start of the financial year.

DGAP-News: DIC Asset AG Reinforces Senior Management of DIC Onsite GmbH

Retrieved on: 
Wednesday, March 3, 2021

DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, appointed Christian Fritzsche as new member of the management board of DIC Onsite GmbH since 1 March 2021.

Key Points: 
  • DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, appointed Christian Fritzsche as new member of the management board of DIC Onsite GmbH since 1 March 2021.
  • With eight branch offices across Germany, this operating subsidiary of DIC Asset AG covers the company's very broad management spectrum in the areas of asset management, letting, property management and property development.
  • "By bringing Christian Fritzsche aboard, we are adding an experienced letting expert to the senior management of DIC Onsite from our own ranks.
  • The Commercial Portfolio segment (EUR 2.0 billion in assets under management) represents the proprietary real estate portfolio of DIC Asset AG.

DGAP-News: DIC Asset AG: outstanding performance in 2020 despite COVID-19

Retrieved on: 
Wednesday, February 10, 2021

DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, published its consolidated financial statements for 2020 today.

Key Points: 
  • DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, published its consolidated financial statements for 2020 today.
  • The business model of DIC Asset AG demonstrated its stability and potential for significant growth even in times of crisis.
  • Sonja Wrntges, CEO of DIC Asset AG, commented: "Our numbers for the year 2020 illustrate our ability to perform dynamically, and successfully, even in times of crisis.
  • The letting performance equalled EUR 33.2 million as of 31 December 2020 (31 December 2019: EUR 32.7 million).

DIC and Jindal Poly Films Reached a Consensus to Collaborate in the Area of Functional CPP Films in India

Retrieved on: 
Thursday, January 28, 2021

Today, DIC announced that the two companies have reached a consensus to collaborate in this area.

Key Points: 
  • Today, DIC announced that the two companies have reached a consensus to collaborate in this area.
  • India, like other countries, is experiencing a greater need for products with performance features that respond better to environmental concerns and sanitation issues.
  • Anticipating growth in the Indian market for CPP film, Jindal Poly Films entered this business in 2018, at which time it also approached DIC to propose collaboration.
  • Having determined that working with Jindal Poly Films would be an important first step in nurturing demand in the promising Indian market, DIC explored the proposal in detail.

DGAP-News: DIC Asset AG opens its eighth regional office in Stuttgart and reinforces senior management of GEG

Retrieved on: 
Tuesday, January 26, 2021

At the turn of the year, DIC Asset AG opened a new branch office in Stuttgart, one of Germany's economic centres and a growing metropolitan region.

Key Points: 
  • At the turn of the year, DIC Asset AG opened a new branch office in Stuttgart, one of Germany's economic centres and a growing metropolitan region.
  • DIC Asset AG now has in-house employees on the ground in all of the "Top 7" cities.
  • "We are committed to a strong presence in the key regions of Germany," said Sonja Wrntges, Chief Executive Officer of DIC Asset AG.
  • Taking an active asset management approach, DIC Asset AG employs its proprietary, integrated real estate management platform to raise capital appreciation potential company-wide and to boost its revenues.

DGAP-News: DIC Asset AG exceeds its 2020 transaction targets, starts new year dynamically with its first acquisition and has big plans for 2021, too

Retrieved on: 
Wednesday, January 20, 2021

DIC Asset AG exceeds its 2020 transaction targets, starts new year dynamically with its first acquisition and has big plans for 2021, too

Key Points: 
  • DIC Asset AG exceeds its 2020 transaction targets, starts new year dynamically with its first acquisition and has big plans for 2021, too
    The issuer is solely responsible for the content of this announcement.
  • DIC Asset AG exceeds its 2020 transaction targets, starts new year dynamically with its first acquisition and has big plans for 2021, too
    Transaction total above target with c. EUR 2.5 billion in 2020
    Frankfurt am Main, 20 January 2021.
  • DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, exceeded its planned transaction targets during the 2020 financial year with an excellent year-end finish.
  • For 2021, DIC Asset AG plans transaction for all segments in a volume between EUR 1.5 billion and EUR 2.2 billion.

DGAP-News: DIC Asset AG acquires leading German logistics specialist RLI Investors

Retrieved on: 
Wednesday, December 23, 2020

The transfer to the DIC Asset group of companies will take place at the beginning of the first quarter of 2021.

Key Points: 
  • The transfer to the DIC Asset group of companies will take place at the beginning of the first quarter of 2021.
  • "This is a major forward-looking decision for the company," elaborates Sonja Wrntges, the Chief Executive Officer (CEO) of DIC Asset AG, as she comments on the two acquisitions.
  • With the acquisition of RLI Investors, the assets under management of DIC Asset AG will increase by c. EUR 700 million.
  • Taking an active asset management approach, DIC Asset AG employs its proprietary, integrated real estate management platform to raise capital appreciation potential company-wide and to boost its revenues.

DGAP-News: DIC Asset AG acquires logistics asset in Bremen for EUR 25 million - acquisition volume increases to more than EUR 1.6 billion

Retrieved on: 
Tuesday, December 22, 2020

DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, just had the sale and purchase agreement for an upscale new-build logistics property notarised.

Key Points: 
  • DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, just had the sale and purchase agreement for an upscale new-build logistics property notarised.
  • The next acquisitions the company plans to make in the logistics asset class have already progressed to an advanced stage.
  • As planned, we expand our footprint in this strategically important asset class," commented Johannes von Mutius, Chief Investment Officer (CIO) of DIC Asset AG.
  • This brings the acquisition volume that DIC Asset AG notarised since the start of the year up to more than EUR 1.6 billion.

DGAP-News: DIC Asset AG Continues Year-End Rally on the Transaction Market - Three Acquisitions in a Total Amount of EUR 179 Million Signed on Behalf of Special Funds

Retrieved on: 
Friday, December 18, 2020

The total investment costs (TIC) for these properties added up to c. EUR 179 million.

Key Points: 
  • The total investment costs (TIC) for these properties added up to c. EUR 179 million.
  • "DIC Asset AG is known for its high degree of reliability, swiftness and creativity.
  • It was only this year that DIC Asset AG conducted the repositioning of "Wacker Hof" at Erkrather Str.
  • 21, 23 and 25 in Mannheim was purchased for a manage-to-core special fund for EUR 39 million (TIC).