DIC Asset AG leases 2,530 sqm to fashion chain in Regensburg city centre
(Frankfurt, 12/15/2009)

DIC Asset AG has completed a seamless change of tenant in its property in Regensburg's pedestrianised area: January 2010 will see a big American fashion merchant move into the property, which is situated in the 1a location of Sankt-Kassians-Platz and is currently a branch of H&M. It will then sell the latest brand names and designer fashion across four floors totalling 2,530 sqm retail space. The group has over 200 branches in Europe and already operates more than a dozen branches in Germany.

DIC ONSITE, which is responsible for operational real estate management, has thus kept this property fully let at all times. Other tenants of the 2,650 sqm of rental space include an E-Plus shop and the fashion jewellery retailer SIX. DIC took over the property in December 2007. The contemporary building blends harmoniously into its old-town surroundings and stands out thanks to its modern retail areas situated in an outstanding location. DIC ONSITE currently manages 16 properties in Bavaria with commercial space totalling around 145,000 sqm.

The Munich-based retail specialist COMFORT acted as intermediary.

About DIC Asset AG
Established in 2002, DIC Asset AG, with registered offices in Frankfurt am Main, is a real estate company with a dedicated investment focus on investing in commercial real estate in Germany, pursuing a return-oriented investment policy. DIC Asset AG's real estate portfolio includes around two million sqm of floor space, spread over 326 properties. The portfolio is divided into three segments: the Core portfolio includes the proprietary portfolio held on a long-term basis and offering stable, attractive rental yields; the Value-Added portfolio contains real estate with promising performance potential over the medium term; while the Opportunistic Co-Investments portfolio is comprised of real estate investments that have a more pronounced risk/return profile, which are placed with third parties following a repositioning under an individual business plan. Real estate assets under management currently amount to approximately EUR 3.3 billion. DIC Asset AG has been listed on the SDAX index since June 2006.