DGAP-News

DIC Asset AG Reinforces Senior Management of DIC Onsite GmbH

DGAP-News: DIC Asset AG / Key word(s): Personnel DIC Asset AG Reinforces Senior Management of DIC Onsite GmbH 03.03.2021 / 07:37 The issuer is solely responsible for the content of this announcement. Press Release

DIC Asset AG Reinforces Senior Management of DIC Onsite GmbH

• Christian Fritzsche appointed as additional member of the management board of DIC Onsite GmbH
• Experienced and very well-connected letting specialist for further growth
• Additional task of setting up a dedicated DIC research team

Frankfurt am Main, 3 March 2021. DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, appointed Christian Fritzsche as new member of the management board of DIC Onsite GmbH since 1 March 2021. With eight branch offices across Germany, this operating subsidiary of DIC Asset AG covers the company's very broad management spectrum in the areas of asset management, letting, property management and property development.

Christian Fritzsche will join Joachim von Bredow and Marco Knopp as third member of the senior management of DIC Onsite GmbH, the focus of his work being group-wide letting activities for proprietary holdings (Commercial Portfolio) and third-party business on behalf of institutional investors (Institutional Business).

Moreover, he will be responsible for setting up a central knowledge unit for DIC Asset that will supplement the external market research with independent analyses. This will enable DIC Asset to respond even more swiftly to changes in submarkets, and to keep exploiting opportunities for further growth.

"By bringing Christian Fritzsche aboard, we are adding an experienced letting expert to the senior management of DIC Onsite from our own ranks. He represents the values that set us apart: He is fast, creative and very well connected in the market. Over the course of the last ten years, he achieved many successful letting transactions for us. At his new position, Christian Fritzsche will play a decisive role for us to reach our new medium-term goal of EUR 15 billion in assets under management," commented Sonja Wärntges, CEO of DIC Asset AG, on the appointment of Christian Fritzsche.