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DIC Asset acquires Retail Property Portfolio worth 220 Million Euros for Planned Investment Fund - Seite 2

retail fund we have yet to launch. We have already received encouraging
feedback from potential investors."

In addition to office property, the company also demonstrates a long-term
track record in the retail usage category. Indeed, DIC Asset has proven
retail expertise in selecting suitable retail assets, as well as in buying
and letting them. Great contacts to a number of leading retail multiples in
Germany (including Metro Group, H&M, C&A, P&C, SinnLeffers, among others)
help to identify tenant leads of first-rate credit worthiness. The overall
portfolio under DIC's management adds up to 250,000 sqm of retail area,
occupied by roughly 275 retail tenants.

In addition to the purchase just transacted, DIC Asset has already spent 77
million euros on property acquisitions this year to date. This means that
nearly 300 million euros have already been committed out of a target volume
of 400 to 450 million euros earmarked for the investment fund division of
DIC Asset in 2016. The assets under the management of the fund division,
which are administrated on behalf of third-party AIF management companies,
currently add up to c. 1.2 billion euros.

Aydin Karaduman: "We have kept expanding our fund business with much
success. As a result, the income of DIC Asset will have two major sources
in the future: One is the fund business, and the other being the rental
income from our commercial portfolio."

About DIC Asset AG:

Established in 2002, DIC Asset AG, with registered offices in Frankfurt/
Main, is a real estate company with an investment focus on commercial real
estate in Germany, pursuing a return-oriented investment policy. The
Company's investment strategy is geared to the continued development of a
high-quality, highly profitable and regionally diversified portfolio. Real
estate assets under management comprise 216 properties with an aggregate
market value of EUR 3.2 billion. The real estate portfolio is structured in
two segments: the Commercial Portfolio (EUR 1.7 billion) comprises existing
properties with long-term rental contracts generating attractive rental
yields. The Co-Investments segment (EUR 1.5 billion) comprises fund
investments (accounting for a share of EUR 1.2 billion), joint-venture
investments, and interests in development projects. In-house real estate
management teams provide a direct service to tenants, working out of six
different locations in each of the portfolio focus regions. This market
presence and expertise creates the basis for preserving and enhancing
earnings and real estate values. 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.



Press contact

RUECKERCONSULT GmbH
Jan Schweiger
Wallstrasse 16
D-10179 Berlin
Tel. [phone]
Fax [phone]
[e-mail]


Investor Relations

Peer Schlinkmann
Neue Mainzer Straße 20 - MainTor
D-60311 Frankfurt am Main
Tel. [phone]
Fax [phone]
[e-mail]


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Language: English
Company: DIC Asset AG
Neue Mainzer Straße 20 * MainTor
60311 Frankfurt am Main
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.dic-asset.de
ISIN: DE000A1X3XX4, DE000A1TNJ22, DE000A12T648
WKN: A1X3XX, A1TNJ2, A12T64
Indices: S-DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange


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486319 28.07.2016