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 TTL Real Estate GmbH. It also includes joint venture equity investments in property developments.


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News


07.06.2021

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"

Landmark property "Uptown Tower" acquired for warehousing portfolio / "Campus C" enlarges proprietary portfolio by c. EUR 66 million / Footprint expanded in Munich, a top destination / Mid-year target achieved: Transaction volume rises to EUR 900 million / Assets under management rise to c. EUR 11.4 billion / ESG strategy: seeking green building certifications >>



06.05.2021

DIC off to dynamic start into 2021

Assets under management grow to EUR 10.6 billion / Transactions totalling EUR 274 million completed (EUR 101 million in acquisitions, EUR 173 million in disposals) / Increase of letting performance by about 50% year on year / Real estate management fees grow by 18% to EUR 24.0 million / Funds from operations (FFO) maintain high prior-year level at EUR 26.5 million / 33% growth up to EUR 38.5 million when including profits from sales (FFO II). >>



27.04.2021

DIC Asset AG buys Mercedes-Benz-Center in Cologne-West for its balance sheet portfolio

Acquisition of high-end flagship property for c. EUR 71 million in total investment costs (TIC) / Gross rental yield of more than 7% / Interesting and dynamic submarket in western Cologne with high potential for further development >>



21.04.2021

DIC Asset AG places ESG linked promissory note of EUR 250 Million

Successful placement of an unsecured promissory note ("Schuldschein") / Average interest coupon of 1.78% / 4.2-year average maturity / ESG link underpins DIC Asset AG's sustainability strategy >>



20.04.2021

DIC Asset AG successfully sold Riverpark development project in Frankfurt am Main

Development project in direct riverside location in downtown Frankfurt / Sold by DIC's subsidiary GEG on behalf of an individual mandate >>



19.04.2021

DIC Asset AG concludes 2021 scrip dividend with high acceptance rate of 47.27%

Acceptance rate of 47.27% again proves high shareholder confidence in company strategy / Gross proceeds in the amount of c. EUR 19.0 million strengthen equity for future growth / 1,274,135 new no-par value shares issued (capital increase of +1.6%) >>



29.03.2021

DIC Asset AG: Logistics Property Annex in Kassel Completed

RLI Investors constructs annex on time, as planned and developed / Long-term commitment to the site by Volkswagen Classic Parts / CO2> footprint reduced by 264 tons through use of resource-conserving building materials >>



24.03.2021

DIC Asset AG: Virtual Annual General Meeting 2021 Approves Dividend in the Amount of EUR 0.70 per Share

All items of business approved by large majorities / Payout ratio raised to 57% of funds from operations (FFO) / Choice between scrip dividend and cash dividend, like in prior years >>



08.03.2021

DIC Asset AG Successfully Sells 'Villa Kennedy' Hotel Asset in Frankfurt

Disposal after six-year holding period for an individual mandate in the company’s third-party business / Hotel share in the Institutional Business significantly reduced thereby >>



03.03.2021

DIC Asset AG Reinforces Senior Management of DIC Onsite GmbH

Christian Fritzsche appointed as additional member of the management board of DIC Onsite GmbH / Experienced and very well-connected letting specialist for further growth / Additional task of setting up a dedicated DIC research team >>



23.02.2021

DIC Asset AG launches its first logistics property fund

First joint product with RLI Investors after their takeover / Investment focus on Germany as well as on Benelux and Austria / Target volume of c. EUR 400 million / Aiming for a pay-out ratio between 4.5% and 5.0% / Attractive seed portfolio permits immediate investments >>



10.02.2021

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

All targets achieved or even exceeded / Dividend increase: EUR 0.70 per share (dividend yield of 5.2%) / Funds from operations (FFO) of EUR 96.5 million exceed prior-year result and forecast / Like-for-like value of the Commercial portfolio increased by around 3.4% / Outlook 2021: continued growth and FFO increase by over 10% to between EUR 106 and 110 million / Medium-term goal: increasing assets under management by 50% to EUR 15 billion >>



26.01.2021

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

DIC Asset AG now on the ground in all of Germany's "Top 7" cities / Regional proximity as success factor for future growth / Janina Keller to become head of Düsseldorf regional office / Torsten Doyen appointed as new member of GEG senior management >>



20.01.2021

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 / "Goldenes Haus" building in Frankfurt acquired on behalf of institutional investors in late 2020 / "ILP Erfurter Kreuz" international logistics park the first asset acquired in 2021 / Takeover of logistics specialist RLI Investors completed in early January / Pro forma, assets under management already exceed EUR 10 billion now >>




Focus

MAINTOR – THE RIVERSIDE FINANCIAL DISTRICT

www.maintor-frankfurt.de



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