News & Notes
Quarterly results
DIC off to dynamic start into 2021
AuM grow to EUR 10.6 billion ::: Transactions totalling EUR 274 million ::: Increase of letting performance by about 50% ::: Real estate management fees grow by 18% ::: FFO on high prior-year level, FFO II up 33% to EUR 38.5 million
Transaction
Acquisition of Mercedes-Benz-Center in Cologne-West
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
Financing
DIC Asset AG places ESG linked promissory note of EUR 250 Million
Average interest coupon of 1.78% ::: 4.2-year average maturity ::: ESG link underpins DIC Asset AG’s sustainability strategy
We specialise in German commercial real estate as an investment, asset and property manager
Key to our success: dynamic performance
Reliably transparent & up to date
For Pros, Delivered by Pros
Institutional investors benefit from our investment and management know-how by reaping lucrative distribution yields.
From acquisitions, to structuring tailored investments, to active measures for boosting both income and value, and all the way to the optimal exit: We are packing our entire know-how plus our superior market access into our range of deliverables for institutional investors, bundled up by our subsidiary GEG.
DIC Asset AG has been SDAX-listed since 2006. As a listed company, we provide our shareholders and analysts with the highest possible degree of currency and transparency.
- 2021-05-06DIC off to dynamic start into 2021
- 2021-04-27DIC Asset AG buys Mercedes-Benz-Center in Cologne-West for its balance sheet portfolio
- 2021-04-21DIC Asset AG places ESG linked promissory note of EUR 250 Million
- 2021-04-20DIC Asset AG successfully sold Riverpark development project in Frankfurt am Main