DIC Asset AG: Peer Schlinkmann to Take Charge of Investor Relations & Corporate Communications

Press Release

DIC Asset AG: Peer Schlinkmann to Take Charge of Investor Relations & Corporate Communications

(Frankfurt, 02.07.2019)

DIC Asset AG, one of Germany's leading listed property companies, announced today that Peer Schlinkmann (37) will take responsibility for the Investor Relations and Corporate Communications unit of DIC Asset AG (WKN A1X3XX / ISIN DE000A1X3XX4) as of 1 July 2019. He will take the place of Nina Wittkopf, who left the company at the end of June 2019.

Schlinkmann, who holds a degree in economics and is a trained banker, previously served the DIC Group in several functions between July 2009 and the end of June 2017. Most recently, he held the same role in several other listed companies of the real estate sector, managing investors and analysts. Peer Schlinkmann brings in-depth know-how of the capital market, several years of leadership experience in the investor relations business and profound expertise in the real estate industry to the job.

Sonja Wärntges, CEO of DIC Asset AG: 'It is a pleasure for me to welcome Peer Schlinkmann back as new head of the Investor Relations and Corporate Communications unit that is so important to us. We are convinced that he will commit himself fully to the implementation of the next milestones of our corporate development and effectively engage our investors and analysts in dialogue toward this end. At the same time, I should like to thank Nina Wittkopf for her dedication and wish her every success as she continues to build her career.'

About DIC Asset AG:
DIC Asset AG is one of Germany's leading listed property companies, and specialises in commercial real estate. With around 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 169 assets with a combined market value of c. EUR 5.6 billion under management. DIC uses a hybrid business model to manage its business divisions Commercial Portfolio, Funds and Other Investments. Taking an active asset management approach, DIC employs its proprietary, integrated real estate management platform to raise capital appreciation potential in its business divisions and to boost its revenues. In its Commercial Portfolio division (EUR 1.7 billion in assets under management), DIC 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. The Funds division (EUR 1.6 billion in assets under management) generates its revenues by acting as issuer and manager of special real estate funds for institutional investors. Gathered in the business unit Other Investments (EUR 2.3 billion in assets under management) are strategic financial investments, the management of properties in which the company holds no equity stakes, equity investments in property developments and joint venture investments (as at: 31/03/2019).

DIC Asset AG has acquired GEG German Estate Group with a contract dated 05/06/2019. In future, DIC Asset AG will focus its segment reporting on the two pillars DIC Commercial Portfolio and DIC Institutional Business.

DIC Asset AG has been listed in the SDAX® 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.