Case Study MEAG Transaction
At the end of 2005, the DIC Group concluded the acquisition agreement for a portfolio of 45 commercial properties of Münchner Ergo Asset Management (MEAG) in medium-sized German cities. The vacancy rate was approximately 25%.
2005
Acquisition of a portfolio with 45 commercial properties togehter with MSREF
2006
Successful sale of two properties in the first half of 2006 to individual investors
Value creation through asset management and reduction of the vacancy rate
At the end of the year, around 20 properties were placed with the French real estate investor INOVALIS.