DGAP-News: DIC Asset AG / Key word(s): Acquisition/Real Estate 
DIC Asset AG acquires logistics asset in Bremen for EUR 25 million - 
acquisition volume increases to more than EUR 1.6 billion 
 
2020-12-22 / 07:30 
The issuer is solely responsible for the content of this announcement. 
 
Press Release 
 
*DIC Asset AG acquires logistics asset in Bremen for EUR 25 million - 
acquisition volume increases to more than EUR 1.6 billion * 
 
_Frankfurt am Main, 22 December 2020. _DIC Asset AG (ISIN: DE000A1X3XX4), 
one of Germany's leading listed property companies, just had the sale and 
purchase agreement for an upscale new-build logistics property notarised. 
The transfer of possession, benefits and burdens is expected to take place 
in early 2021. The next acquisitions the company plans to make in the 
logistics asset class have already progressed to an advanced stage. 
 
"With this step we are expanding our logistics investments and are glad that 
we successfully concluded the sale-and-purchase agreement for this high-end 
property. As planned, we expand our footprint in this strategically 
important asset class," commented Johannes von Mutius, Chief Investment 
Officer (CIO) of DIC Asset AG. 
 
The property, which has a lettable area of around 8,500 sqm, is part of an 
attractive micro-environment in the "Airport-Stadt Nord" locality in Bremen, 
with many renowned companies in the vicinity. Its regional and 
inter-regional transport links are excellent. It is occupied by a subsidiary 
of the Airbus Group. The property comprises two distinct buildings, one 
being an office scheme, the other a hybrid-use building that includes a 
manufacturing warehouse, a section for research & development, workshop 
spaces plus additional office and social areas. 
 
The total investment costs (TIC) equalled EUR 25 million. This brings the 
acquisition volume that DIC Asset AG notarised since the start of the year 
up to more than EUR 1.6 billion. Meanwhile, the sale-and-purchase agreements 
for another two properties were notarised that, together with the "Deka 
Office Hub" and the "Wilhelminenhaus" property in Darmstadt, form the seed 
portfolio of the biggest institutional fund in the company's history so far. 
One of the two new assets lies on Kleyerstrasse in the Gallus locality of 
Frankfurt am Main and is home to the municipal public order office, the 
other being the "Lincoln Offices II" project currently under construction in 
Wiesbaden. Both properties are occupied by public-sector tenants on 
long-term leases. 
 
*About DIC Asset AG:* 
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 189 assets with a combined market value of c. 
EUR 8.7 billion under management (as of 30 September 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 2.1 billion in assets under 
management), 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 6.6 billion in assets under 
management), which operates under the name GEG German Estate Group, DIC 
Asset AG generates income by 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. 
 
*IR Contact DIC Asset AG:* 
Peer Schlinkmann 
Head of Investor Relations & Corporate Communications 
Neue Mainzer Strasse 20 
D-60311 Frankfurt am Main 
Phone +49 69 9454858-1492 
ir@dic-asset.de 
 
2020-12-22 Dissemination of a Corporate News, transmitted by DGAP - a 
service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
 
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Language:    English 
Company:     DIC Asset AG 
             Neue Mainzer Straße 20 
             60311 Frankfurt am Main 
             Germany 
Phone:       +49 69 9454858-1492 
Fax:         +49 69 9454858-9399 
E-mail:      ir@dic-asset.de 
Internet:    www.dic-asset.de 
ISIN:        DE000A1X3XX4, DE000A12T648, DE000A2GSCV5, DE000A2NBZG9 
WKN:         A1X3XX, A12T64, A2GSCV, A2NBZG 
Indices:     S-DAX 
Listed:      Regulated Market in Frankfurt (Prime Standard); Regulated 
             Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, 
             Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock 
             Exchange 
EQS News ID: 1156773 
 
End of News DGAP News Service 
 
1156773 2020-12-22

(END) Dow Jones Newswires

December 22, 2020 01:30 ET (06:30 GMT)