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

Deutsche Immobilien Chancen (DIC) with registered office in Frankfurt am Main was set up in 1998. Today, it is active across Germany and one of the country's leading investment entities for commercial real estate.

News

News releases

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 Frankfurt am Main, 05 June 2019. DIC Asset AG ("DIC"), one of Germany's leading listed property...

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. René Zahnd started his professional career with the law firm of Bratschi Emch & Partner in Bern and Zurich. He moved on to serve in a number of senior positions with real estate companies and property developers, including...

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

Frankfurt am Main, 03 May 2019. DIC Asset AG, one of Germany's leading listed property companies, has enhanced the quality of its real estate portfolio with strong operating performance...

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. The proceeds amounting to EUR 214.8 million will be reinvested into the company's own growth. Previously, in March 2019, DIC had reported the execution of the sale of a 6% stake of the stock to Ouram Holding S. à...

26.04.2019

DIC Asset AG: Shareholders emphasize their trust in the company development – around 50% acceptance rate for scrip dividend

Scrip dividend acceptance rate of around 50%, increase of 13% year-on-year Equity capital strengthened by EUR 16.1 million for future growth 1,687,527 new no-par value shares issued (capital increase of around 2.4%) Frankfurt am Main, 26 April 2019. DIC Asset AG (WKN A1X3XX / ISIN DE000A1X3XX4), one of Germany's leading listed property companies, successfully concluded its offer of a scrip dividend for the 2018 financial year with an acceptance rate of almost 50%. A total of 1,687,527...

05.04.2019

Ulrich Höller becomes Chairman of GEG’s Supervisory Board – Christian Bock appointed to the Management Board

Ulrich Höller (53), Chairman of the Management Board of GEG German Estate Group AG, Frankfurt, has assumed the position of Chairman of the Supervisory Board. He will continue to assist GEG in the company’s day-to-day business from this new position, in an advisory capacity. Furthermore, Christian Bock (39), hitherto Head of Institutional Business at GEG, has been appointed to GEG’s Management Board as COO. The Management Board will henceforth consist of two members; Christian Bock...

01.04.2019

GEG acquires the “Pressehaus” building on Berlin’s Alexanderplatz, from Tishman Speyer

Total investment of approximately €365 million Latest lease signed with The Office Group on 10,000 sqm
GEG German Estate Group AG, Frankfurt/Main, has acquired two properties in Berlin's landmark "Alexanderplatz" square (Karl-Liebknecht-Strasse 27-29), from Tishman Speyer. The first is the historical high-rise “Pressehaus” building (16 upper floors and a rental space of 24,200 sqm) including the flat-roofed “Pressecafé” building (with a rental...

Contact

Deutsche Immobilien Chancen AG & Co. KGaA

Neue Mainzer Straße 20 • MainTor
60311 Frankfurt am Main
Germany

Phone
+49 (0) 9450709–0
Fax
+49 (0) 69 9450709–9998

Media Contact

Haussmann Pfaff Communications

Höchlstraße 2
81675 München
Germany

Phone
+49 (0) 89 992496-50
Fax
+49 (0) 89 992496-52

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