Real estate portfolio includes 10 properties in A- and B-class cities
Sales volume approximates EUR 143 million
Sale is part of the ongoing portfolio optimisation
Transaction brings revenues already up to two-thirds mark of 2017 year-end target Frankfurt/Main, 04 April 2017. Frankfurt-based company DIC Asset AG (German securities code number WKN A1X3XX / ISIN DE000A1X3XX4) just announced the sale of a commercial real estate portfolio worth around EUR 143 million, consisting of ten...
At EUR 47m, FFO reached upper limit of target range
Targeted acquisition volume in fund business clearly topped at EUR 520m
Fees from real estate management tripled
Financing costs slashed in half, now at 1.7 percent Dividend proposal raised again to EUR 0.40 (2015: EUR 0.37) Forecast 2017: FFO increase by up to 28 percent, from EUR 57m to EUR 60m Frankfurt/Main, 23 February 2017. This Thursday, DIC Asset AG (WKN A1X3XX / ISIN DE000A1X3XX4) published its 2016 Annual Report, looking...
Acquisitions worth over EUR 520 million transacted in 2016
Acquisition volume expanded as planned, topping the forecast of EUR 500 million
Another four acquisitions in Berlin, Bonn, Düsseldorf and Munich just before the end of 2016 add up to a total of c. EUR 195 million
Acquired assets earmarked for existing and planned institutional real estate fund in the office and retail segments Frankfurt/Main, 18 January 2017. DIC Asset AG (WKN A1X3XX / ISIN DE000A1X3XX4) signed another four...
Roughly EUR 1 billion refinanced over seven-year term
Substantial reduction of Commercial Portfolio financing costs to circa 1.7 percent and amortisation rate to around 1 percent
Funds from operations (FFO) and cash flow boosted as of the 2017 financial year
FFO between EUR 55 and 60 million expected from 2017
Sustainable long-term continuity of dividends secured
Frankfurt/Main, December 14th 2016. DIC Asset AG (WKN A1X3XX / ISIN DE000A1X3XX4) announced today the signing of a credit...
Attractive upgrade for the sub-district's amenities and quality of life
Modern design concept with strong tenant mix
97% of the new floor space already let
Completion scheduled for spring 2018
In December 2016, DIC Asset AG (WKN A1X3XX / ISIN DE000A1X3XX4) will launch its modernisation and restructuring measures in the Kaiserpassage shopping arcade in the Bahnhofsviertel neighbourhood of Frankfurt. The works are scheduled to be completed by spring 2018. In the course of the...
Plans for new building complex with mixed hotel, residential, food and retail use
Long-term leases signed by core tenants Holiday Inn and tegut…
Around 130 apartments and 225 parking spaces to be created
Demolition work beginning November 2016
Completion planned for end of 2019
DIC Asset AG (SCN A1X3XX/ISIN DE000A1X3XX4) will begin demolition work on its property on the corner of Berliner Strasse and Luisenstrasse in Offenbach at the end of November. The property...
GEG German Estate Group AG, based in Frankfurt, just acquired the former Commerzbank Skyscraper (Neue Mainzer Strasse 32-36, Frankfurt am Main) from Commerzbank AG. Raised in 1974, the high-rise is one of Frankfurt's classic office towers. The landmark asset adds around 30,000 sqm of lettable area to the GEG portfolio. In late 2017, GEG will start stripping out the building, before remodelling and repositioning it as exclusive Global Tower on Frankfurt's office market. The total investment...
Deutsche Immobilien Chancen AG & Co. KGaA
Neue Mainzer Straße 20 • MainTor
60311 Frankfurt am Main
+49 (0) 9450709–0
+49 (0) 69 9450709–9998
Thomas Pfaff Kommunikation
+49 (0) 89 992496-50
+49 (0) 89 992496-52