Assets under management climb to EUR 14.5 billion (+27%) ::: Sustained high letting result of over 296,300 sqm (+31%) ::: Like-for-like rental income growth of 3.9% in Commercial Portfolio ::: FFO growth expected
Fewer transactions and lower property management revenues expected ::: Unchanged growth in rental income in proprietary portfolio forecasted ::: New FFO forecast of EUR 114 to 117 million (previously: EUR 130 to 136 million) still 7% to 10% above prior-year level
CEO Sonja Wärntges discusses the challenges facing offices and logistics, ESG targets, and whether more needs to be done to get women into top positions.(Source: Real Asset Insight)
More than 20 years of experience in the German real estate and capital market, nine regional branch offices (with VIB Vermögen AG included), and a wide-spread network: DIC Asset AG has successfully established itself with a footprint on all major German markets.
In two distinct business divisions, we have a total of 359 properties with a market value of c. EUR 14.5 billion under management. In our Commercial Portfolio unit, we act as proprietor while serving as mandated manager in our Institutional Business unit.
Both units take advantage of our highly productive in-house property management and property development platform in order to optimise asset values along the entire real estate value chain.
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.