DGAP-News

DIC Asset AG AGM approves dividend increase - Seite 2

attributable to new leases and EUR 10 million to lease renewals.

DIC Asset AG is also working on two additional real estate funds: a retail
fund with an initial capital of more than EUR 200 million and a target
volume of approximately EUR 400 million, as well as an office property fund
with an initial volume between EUR 100 million and EUR 150 million, and a
target volume of EUR 250 million. Currently EUR 200 million in investments
are in negotiations. Following successful closing and notarisation of these
transactions, DIC Asset AG expects assets under management in the funds
business to rise significantly throughout Summer 2016, to about EUR 1.4
billion.

For the full-year 2016, the Management Board confirmed its guidance as
published at the beginning of the year, according to which DIC Asset AG
should generate EUR 100 million in rental income, and FFO between EUR 43
million and EUR 45 million. To further optimise its portfolio, DIC Asset AG
plans real estate disposals in a range between EUR 80 million and EUR 100
million. Acquisitions for its funds business are expected to amount to
between EUR 400 million and EUR 450 million.

Summary of voting results:


Agenda item Approved in percent
1. Presentation of financial no vote
statements for 2015
2. Appropriation of profit available 99.98
for distribution
3. Ratification of the Board of 99.79
Directors
4.1 Ratification of the Chairman of 96.53
the Supervisory Board
4.2 Ratification of the members of 97.96
the Supervisory Board
5. Election of auditors for 2016 99.62
6. Election of Ulrich Höller to the 74.62
Supervisory Board
7. Amendment of the Memorandum and 96.63
Articles of Association on remuneration
of the Supervisory Board
8. Authorisation to acquire treasury 98.88
shares



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