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

Press Release

Top score – DIC Asset AG finishes ESG rating among the 10 best international real estate companies

Frankfurt, 02.05.2023

• Another significant year-on-year improvement of the ESG rating by 
• Sustainalytics
• Further ascent within the lead group of the world’s most sustainable real estate companies
• Sustainability report to be published on 17 May 2023
 

Frankfurt am Main, 2 May 2023. DIC Asset AG (“DIC”), ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, once again finished the ESG rating of the internationally renowned analytics firm Sustainalytics with a top-ranking industry score in April 2023, improving by 2.3 points compared to the previous year’s reporting period. With an overall score of 6.9 (ESG Risk Rating), DIC has bolstered its lead position as it secured its place among the top 10 companies of the international real estate industry (placing tenth in a field of 1071) and among the diversified real estate companies (placing second out of a total of 162).

“Our sustainability topics run like a thread through our entire organisation and cover all levels and units of our real estate platform. Our employees are the overarching bracket, implementing the topics with enthusiasm and dedication. They are the ones who make it possible to reconcile the economic and environmental expectations of our stakeholders, and who make sustainability an integral part of our business success. On the strength of their commitment, we managed to enhance our lead position further and to ensure we constantly and reliably deliver top results,” said Sonja Wärntges, CEO of DIC, with pride.

Last year, DIC participated in the ESG rating process of Sustainalytics for the first time, finishing right off with a score of 9.2, which is excellent within the international real estate industry. In recognition of its performance, DIC was awarded the labels “ESG Industry Top rated” and “Region Top rated” by Sustainalytics in January 2023.

Sustainalytics measures the most important industry-specific ESG risks and the ways in which companies cope with these risks.

The next sustainability report of DIC will be released on 17 May 2023. It will include an update of DIC’s comprehensive ESG roadmap, and will report on the progress made en route to the company’s climate targets.

About DIC Asset AG:

DIC Asset AG is Germany’s leading listed specialist for office and logistics real estate with 25 years of experience on the real estate market and access to a broad-based network of investors. Our business is based on a regional and inter-regional real estate platform with nine offices on the ground in all major German markets (with VIB Vermögen AG included). We currently manage a total of 360 assets with a combined market value of EUR 14.7 billion on site, always close to our properties and their occupiers.

The Commercial Portfolio segment comprises real estate held for our own account. Here, we generate steady cash flows from stable rent revenues on long-term leases while also optimising the value of our portfolio assets through active management, and realising gains from sales.

In the Institutional Business segment, we earn recurrent fees from real estate services we provide to national and international institutional investors by structuring and managing investment products that return attractive dividend yields.

DIC Asset AG has been SDAX-listed since June 2006.

IR Contact DIC Asset AG:
Peer Schlinkmann
Head of Investor Relations & Corporate Communications
Neue Mainzer Strasse 20
D-60311 Frankfurt am Main
Phone +49 69 9454858-1492
ir@dic-asset.de

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