With more than 20 years of experience on the German real estate market, the company maintains a regional footprint on all major German markets through six branch offices, and has 186 assets with a combined market value of c. EUR 8.4 billion under management (as of 31/03/2020). Taking an active asset management approach, DIC Asset AG employs its proprietary, integrated real estate management platform to raise capital appreciation potential company-wide and to boost its revenues.
In its Commercial Portfolio division (EUR 1.9 billion in assets under management, as of 31/03/2020), DIC Asset AG acts as proprietor and property asset holder, and thus generates revenues both from the management of the assets and through the value optimisation of its own real estate portfolio.
In its Institutional Business division (EUR 6.5 billion in assets under management, as of 31/03/2020), which operates under the name GEG German Estate Group, DIC Asset AG generates income from structuring and managing investment vehicles with attractive dividend yields for national and international institutional investors.
DIC Asset AG has been SDAX-listed since June 2006.
Facts & Figures
Active on the German market with over 20 years of first-hand experience
250
staff deployed in 7 branches across Germany
8.4
EUR billion Assets under Management
2.2
EUR billion transaction volume p.a.
Leadership
Management Board of DIC Asset AG
Chief Executive Officer (CEO)
Sonja Wärntges
Sonja Wärntges has headed DIC Asset AG as CEO since 01 October 2017, and is in charge of asset management, property management, portfolio management, finance, controlling, marketing, IR and administration.
She has a demonstrable leadership and management track record and has proven her competencies in various senior positions in prestigious companies. Sonja Wärntges has long-term experience in the real estate industry, and is a member of the executive body of the ZIA German Property Federation.
Chief Investment Officer (CIO)
Johannes von Mutius
Since April 2015, Johannes von Mutius has been in charge of the transaction business of DIC Asset AG as Chief Investment Officer.
He is an acknowledged property expert who has gathered a wealth of experience in senior positions in the real estate industry.
Chief Capital Markets Officer (CCMO)
Patrick Weiden
Since April 2020, Patrick Weiden has been in charge of the capital market activities of DIC Asset AG as Chief Capital Markets Officer.
A capital market expert with a proven track record, Patrick Weiden served as Division Head Equity & Debt Capital Markets at Bankhaus Lampe prior to his appointment to the Management Board of DIC Asset AG.
Supervisory Board
Prof. Dr. Gerhard Schmidt
Chairman of the Supervisory Board
Partner of the legal firm Weil, Gotshal & Manges LLP
Klaus-Jürgen Sontowski
Vice Chairman of the Supervisory Board
Entrepreneur, Managing Partner of Sontowski & Partner GmbH
Prof. Dr. Ulrich Reuter
District Administrator of the District of Aschaffenburg
Dr. Anton Wiegers
Former Chief Financial Officer of Provinzial Rheinland Holding, Provinzial Rheinland Versicherung AG and Provinzial Rheinland Lebensversicherung AG
Management of the Business Units
Structure & Strategy
Key figures
A diversified business model
We are one of the largest commercial real estate investors and asset managers with a focus on office and retail properties and operate exclusively in the German real estate market. Our corporate strategy focuses on generating a sustainable, steady stream of income via our powerful in-house real estate management platform.
We strive to increase rental income and the market value of property in our directly held Commercial Portfolio and to earn growing, recurring income from management services, which we generate in our high-transaction business with institutional investors.
Our business model combines several sources of income. It is based on sustainable income from the management of our Commercial Portfolio and recurring management income from a broad range of services for third parties (Institutional Business), supplemented by equity returns from our structured investments.
Generating income streams from two complementary segments ensures continuous profitability and enables us to exploit opportunities with maximum independence from market cycles.
What distinguishes us
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dynamic performance
Born of conviction, experience and the knowledge that our work reflects on us, DIC‘s success is a special team effort that combines our individual strengths:
Reliability, creativity and speed.
It’s what we call: dynamic performance.
Our code of values
Encouraging Accountability, Earning Trust
Reliability and trustworthiness represent the core values of our corporate culture. They are based not just on strict adherence to statutory and contractual rules, but on a basic understanding of ethical behaviour. This includes openness, fairness and tolerance, conservation of resources, equal opportunity across gender lines, and the promotion of diversity while following clear guidelines and helping to manage threats and potential conflicts.
