DIC ASSET AG

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Associated tags: VIB, DIC, AG, ISIN, Frankfurt

Locations: GERMANY, EUROPE, NETHERLANDS, UKRAINE, , STUTTGART

EQS-News: DIC Asset AG moves into its “Office of the Future” in Frankfurt's “Global Tower”

Retrieved on: 
Monday, September 4, 2023

The room concept in the new headquarters is consistently aligned with what DIC understands by "New Work".

Key Points: 
  • The room concept in the new headquarters is consistently aligned with what DIC understands by "New Work".
  • On the one hand, it supports agile forms of work and offers a variety of workplaces for concentration work or cross-departmental project work.
  • We have thus created a real showcase for the office work of the future," says Sonja Wärntges, CEO of DIC.
  • The 25-story "Global Tower" with a total area of around 33,700 sqm is managed by DIC for third parties.

EQS-News: DIC Asset AG completes lettings in Baden-Württemberg and Bavaria

Retrieved on: 
Wednesday, August 9, 2023

The lettings of a total of around 9,150 sqm include:

Key Points: 
  • The lettings of a total of around 9,150 sqm include:
    Frankfurt am Main, 9 August 2023 DIC Asset AG (“DIC”), ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, recently signed another four lease agreements for a combined retail and office space of around 9,150 sqm.
  • The signings represent both new lettings and lease renewals for premises in properties held in the Commercial Portfolio and in the Institutional Business.
  • “We are achieving a consistently strong lettings performance through our teams and are strengthening our operational excellence.
  • Meanwhile, DIC’s lettings team in Mannheim concluded three lease agreements for a combined office area of around 3,300 sqm.

EQS-News: DIC Asset AG: First half of 2023 influenced by the geopolitical environment – “Performance 2024” action plan to strengthen the company

Retrieved on: 
Thursday, August 3, 2023

DIC Asset AG (“DIC”), ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, published its financials for the first half of 2023 today.

Key Points: 
  • DIC Asset AG (“DIC”), ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, published its financials for the first half of 2023 today.
  • The financial results are influenced by the current geopolitical environment, rising interest rates and inflation.
  • As a result, the funds from operations (“FFO”) (after non-controlling interests, before taxes) equalled EUR 22.4 million (previous year: EUR 53.0 million).
  • What is decisive for the future, however, is that DIC immediately launched the "Performance 2024" action plan in response to the changed conditions.

EQS-News: DIC Asset AG lets “Pressecafé” inside the “Pressehaus am Alex” to Berlin-based restaurant operator

Retrieved on: 
Monday, July 31, 2023

DIC Asset AG (“DIC”), ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, just signed a long-term lease agreement for about 1,450 sqm of gastronomy space following the completion of the comprehensive refurbishment works at the two-storey “Pressecafé” building.

Key Points: 
  • DIC Asset AG (“DIC”), ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, just signed a long-term lease agreement for about 1,450 sqm of gastronomy space following the completion of the comprehensive refurbishment works at the two-storey “Pressecafé” building.
  • The incoming tenant is Alexander Freund, a restaurant operator well-known in Berlin as he operates another five culinary venues in the city.
  • The design plan for the Pressecafé ground floor is influenced by the 76-metre-long wall frieze created by Willi Neubert.
  • The upper floor, formerly known as the Escados steakhouse, is being turned into another steak restaurant named “Beast – Berlin”.

EQS-News: DIC Asset AG secures long-term rental income for logistics real estate fund

Retrieved on: 
Monday, July 24, 2023

DIC Asset AG (“DIC”) ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, signed long-term lease renewals for 45,000 sqm of logistics space with two existing tenants, thereby securing the continued flow of c. EUR 12 million in stable rental income for the institutional investors of its “RLI Logistics Fund Germany - I” until the end of the respective lease terms.

Key Points: 
  • DIC Asset AG (“DIC”) ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, signed long-term lease renewals for 45,000 sqm of logistics space with two existing tenants, thereby securing the continued flow of c. EUR 12 million in stable rental income for the institutional investors of its “RLI Logistics Fund Germany - I” until the end of the respective lease terms.
  • The existing real estate portfolio of the logistics fund currently includes 18 logistics properties with a lettable area of about 491,000 sqm.
  • “These long-term lease renewals give us a chance to highlight the outstanding logistics competency of our management platform and the sustainable value-added that we deliver to institutional investors via the high-quality logistics real estate portfolio of this fund.
  • DIC renewed the lease for about 15,000 sqm at the logistics property in Achim near Bremen with the incumbent tenant for roughly another six years.