DGAP-News

DIC Asset AG: RAG Foundation Acquires 4.8-per cent Stake in DIC Asset AG

DGAP-News: DIC Asset AG / Key word(s): Miscellaneous
DIC Asset AG: RAG Foundation Acquires 4.8-per cent Stake in DIC Asset
AG

16.06.2014 / 08:02

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Press Release

Frankfurt, 16 June 2014

RAG Foundation Acquires 4.8-per cent Stake in DIC Asset AG

- Takeover of shareholdings from MSREF

- Shareholding structure unchanged, with free float still at 66.8 per
cent

DIC Asset AG (WKN A1X3XX / ISIN DE000A1X3XX4) has just been notified that
the RAG Foundation based in Essen, Germany, acquired a share block of
Morgan Stanley Real Estate Funds (3,262,022 shares in DIC Asset AG,
representing 4.76 per cent of the total number of shares, held since IPO
2005). The transaction was signed into legal effect on 09/06/2014. The two
parties involved agreed not to disclose the purchase price. The investment
of the RAG Foundation was effected via its master fund managed by Deka
Investment GmbH.

Dr. Helmut Linssen, Member of the Board of Executives of the RAG
Foundation: "The investment in DIC Asset AG also implies a commitment to
indirect investment in German commercial real estate with the prospect of
attractive returns. It is a sector that represents a sustainable and
substantial component in our widely diversified investment portfolio."

Ulrich Höller, CEO of DIC Asset AG: "Being a renowned first-rate investor,
the RAG Foundation shows its faith in our business model with its long-term
oriented engagement."

Aside from this change within the group of owners, the shareholding
structure of DIC Asset AG remains stable: The free float is still at an
unchanged 66.8 per cent, including blue-chip shareholders such as the major
German family office solvia Vermögensverwaltung with 5.1 per cent, the US
asset manager Ell Capital Management with 4.9 per cent and the Dutch
pension fund APG Asset Management with 3.2 per cent. The remaining 33.2 per
cent continue to be held by Deutsche Immobilien Chancen-Group.

For details on DIC Asset AG, please visit us on the internet at
www.dic-asset.de.

About DIC Asset AG:

Established in 2002, DIC Asset AG, with registered offices in Frankfurt am
Main, is a real estate company with a dedicated investment focus on
commercial real estate in Germany, pursuing a return-oriented investment
policy. The company has a total of around 250 real property assets worth
approximately 3.4 billion euros under management. The investment strategy
of DIC Asset AG aims at the continuous development of a quality-driven,