The DIC Group is one of the leading investors in the German market for commercial real estate

DIC Deutsche Immobilien Chancen
DIC Deutsche Immobilien Chancen
DIC Deutsche Immobilien Chancen

Deutsche Immobilien Chancen Group (DIC) with registered office in Frankfurt is one of Germany's leading investment companies for commercial real estate.

The business model focuses on private equity investments in the SDAX-listed DIC Asset AG and the GEG German Estate Group AG. It also includes joint venture equity investments in property developments.


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News


03.07.2019

DIC Asset AG: Acquisition of GEG Concluded – Further Premium Properties in Munich and Frankfurt Purchased in a Volume of EUR 140 Million

DIC Asset AG ("DIC") has acquired GEG German Estate Group ("GEG") with a contract dated 05 June 2019. The transaction has now been finalised as planned. >>



02.07.2019

DIC Asset AG: Peer Schlinkmann to Take Charge of Investor Relations & Corporate Communications

DIC Asset AG, one of Germany's leading listed property companies, announced today that Peer Schlinkmann (37) will take responsibility for the Investor Relations and Corporate Communications unit of DIC Asset AG (WKN A1X3XX / ISIN DE000A1X3XX4) as of 1 July 2019. He will take the place of Nina Wittkopf, who left the company at the end of June 2019. >>



01.07.2019

GEG acquires Fashion Mall Munich

GEG German Estate Group AG, Frankfurt/Main, has now purchased both building components of the Fashion Mall Munich in Parkstadt Schwabing, within the scope of an off-market transaction. The fully let property has a total rental space of approx. 17,000 sqm and ca. 340 parking spaces. Total investment volume amounts to approximately €90 million.>>



28.06.2019

GEG acquires PALAZZO FIORENTINO in Frankfurt

parking spaces. The property was sold by BMO Real Estate Partners, Munich. Total investment volume results from a bidding competition, and amounts to approximately €50 million. GEG bought the property for the manage-to-core-fund “GEG Deutschland Value I”. All of the building’s office space is let to Bankhaus Metzler. >>



24.06.2019

DIC Asset AG: GEG acquires the HELIO building in Augsburg

DIC Asset AG has signed the contract to buy GEG German Estate Group AG on the 5th of June 2019. The transaction is expected to be closed end of June 2019. Now GEG has acquired the HELIO building, a combined shopping-, service- and office-center, which includes an underground car park as well. The building, which is situated directly next to the main railway station in Augsburg, was acquired in an off-market transaction. >>



05.06.2019

DIC Asset AG Acquires the GEG German Estate Group

DIC Asset AG acquires one of the fastest-growing German property investment and asset managers as it takes over GEG German Estate Group / Increase in assets under management to more than EUR 5 billion in the institutional fund business alone / Direct and significant increase in profitability per share / FFO guidance for 2019 raised from EUR 70 - 72 million to EUR 88 - 90 million >>



23.05.2019

René Zahnd – CEO of Swiss Prime Site AG – to Join Supervisory Board of DIC Asset AG

René Zahnd (aged 53) was court-appointed to join as new member of the Supervisory Board of DIC Asset AG as of 21 May 2019 and through the end of the next annual general meeting. René Zahnd has been Chief Executive Officer of Swiss Prime Site AG since 1 January 2016. >>



03.05.2019

DIC Asset AG Increases its FFO by 25% and Decreases its LtV below 50%

Funds from operations (FFO) rise by 25% to EUR 17.0 million / Loan-to-value (LTV) drops to 49.8% (previous year: 56.2%) / Operating performance indicators substantially improved: EPRA vacancy rate reduced to 8.4%, WALT lengthened to 5.8 years / DIC Asset AG reaffirms its forecast for 2019 >>



29.04.2019

DIC Asset AG realizes Income of c. EUR 43.9 mn from Sale of 8% Stake in TLG Immobilien AG – Proceeds to be Invested in the Company’s Own Business

DIC Asset AG, one of Germany's leading listed property companies, sold most of its equity interest in TLG Immobilien AG by transferring a stake of 8% to the Bedrock group. The sale that was already contractually agreed upon in December 2018 results in an income of c. EUR 43.9 million. >>





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