DIC Asset AG Expands its Management Board

DIC Asset AG / Key word(s): Change of Personnel

08.05.2013 / 09:30


Sonja Wärntges to succeed Markus Koch as new CFO 
Rainer Pillmayer to join Management Board as COO

The Supervisory Board of Frankfurt-based DIC Asset AG has just decided to
reshuffle its senior executive body: Sonja Wärntges (aged 45) has been
appointed to the Management Board as at 01 June 2013. She will assume the
role of CFO, as the incumbent CFO Markus Koch (aged 50) will leave the
company at his own request to focus on a new career challenge. Markus Koch
has served on the Board as CFO since July 2003. In another senior
appointment effective 01 June 2013, Rainer Pillmayer (aged 38) will join
the Board to take over the position of COO that was just created. Ulrich
Höller (aged 47), who has been CEO for many years, will continue to lead
the company.

Markus Koch looks back on an impressive track record as CFO of DIC Asset
AG. He shaped the company significantly in a time that was marked by brisk
growth and that saw DIC Asset AG rise to become of the major players on
Germany's commercial real estate market. For one thing, Markus Koch
masterminded the company's highly successful IPO in 2006 along with several
capital increases and the issuance of the first corporate bond. Moreover,
he was in charge of group financings and of structuring the company's first
special fund. He was instrumental in helping a productive trust-based
relationship to develop among the various business partners of DIC Asset AG
who were highly appreciative of his extreme reliability and profound

Sonja Wärntges, a certified economist, has served as CFO on the Management
Board of Deutsche Immobilien Chancen AG & Co KGaA for nearly two years. She
is a financial expert with demonstrable track record who has proven her CFO
competence in various senior positions in the financial departments of
renowned companies, including e.g. PricewaterhouseCoopers (PwC) and C&A.
Following her appointment to the Board of DIC Asset AG, she will be leaving
Deutsche Immobilien Chancen AG & Co KGaA. She will be succeeded in the
position by Thomas Grimm (42) as CFO at the same time.

Rainer Pillmayer, a certified business administrator, joined DIC Asset AG
in 2008 in the role of Corporate Development Manager. Most recently, he
played a definitive part in setting up the investment fund business.
Previous career stops included Eurohypo in Frankfurt am Main and London,
and Boston Consulting Group. He is a known expert for structuring and
controlling real estate transactions. As Member of the Management Board of
DIC Asset AG, he will be responsible, among other things, for controlling
the proprietary asset management and property management activities of DIC
ONSITE as well as the investment fund business as before, but also
project-related for Corporate Finance.

Said Prof. Dr. Gerhard Schmidt, Chairman of the Supervisory Board of DIC
Asset AG: 'On behalf of the entire Supervisory Board, I should very much
like to thank Markus Koch for his dedicated and decidedly successful
collaboration on our company's Management Board these many years. While we
do regret his departure, we wish Markus Koch all the best for his ongoing
career as well as good health and personal happiness along with
professional success. In Sonja Wärntges, we have won a financial expert who
represents continuity and competence in one of the company's most demanding
roles. By bringing in Rainer Pillmayer and his experience, we expand the
senior management team in order to address the massive and wide-ranging
challenges facing one of Germany's leading real estate companies.'

For more details on DIC Asset AG, please visit us on the Internet at

About DIC Asset AG:
Established in 2002, DIC Asset AG, with registered offices in
Frankfurt/Main, is a real estate company with a dedicated investment focus
on commercial real estate in Germany, pursuing a return-oriented investment
policy. Real estate assets under management amount to approx. EUR 3.4
billion, comprising around 270 properties. The Company's investment
strategy is geared to the continued development of a high-quality, highly
profitable and regionally diversified portfolio. The real estate portfolio
is structured in two segments: the Commercial Portfolio (EUR 1.9 billion)
comprises existing properties with long-term rental contracts generating
attractive rental yields. The Co-Investments segment (pro-rata EUR 0.3
billion) comprises fund investments, joint-venture investments, and
interests in development projects. DIC Asset AG provides a direct service
to tenants through its own real estate management teams in six branch
offices located at the regional hubs within the portfolio. This provides
DIC Asset AG with an edge in terms of market presence and expertise, and
builds the foundation for maintaining and increasing income and the value
of its real estate assets. DIC Asset AG has been included in the SDAX(R)
segment of the Frankfurt Stock Exchange since June 2006. The Company's
shares are also included in the EPRA index, which tracks the performance of
the most important European real estate companies.

Immo von Homeyer 
Head of Investor Relations & Corporate Communications
Tel  +49 (0) 69 27 40 33 86
Fax +49 (0) 69 27 40 33 69

Media Contact:
Thomas Pfaff Kommunikation
Höchlstraße 2
D-81675 München
Fon +49-89-992496-50
Fax +49-89-992496-52
Mobil +49-172-8312923

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Language:    English                                                
Company:     DIC Asset AG                                           
             Eschersheimer Landstr. 223                             
             60320 Frankfurt                                        
Phone:       +49 69 9454858-86                                      
Fax:         +49 69 9454858-99                                      
E-mail:      ir@dic-asset.de                                        
Internet:    www.dic-asset.de                                       
ISIN:        DE0005098404, DE000A1KQ1N3,                            
WKN:         509840, A1KQ1N,                                        
Indices:     S-DAX                                                  
Listed:      Regulierter Markt in Frankfurt (Prime Standard);       
             Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover,  
             München, Stuttgart                                     
End of News    DGAP News-Service  
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