DIC Asset AG (DIC.DE) XETRA

Currency In EUR

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DIC Asset AG

Address

Neue Mainzer Straße 20

Frankfurt am Main, 60311

Germany

Phone

49 69 9 45 48 58

Sector

Real Estate

Industry

Real Estate - Diversified

Employees

310

First IPO Date

December 20, 2005

Key Executives

NameTitlePayYear Born
Sonja WarntgesChairwoman of the Management Board, Chief Financial Officer & Chief Executive Officer1.27M1967
Christian FritzscheChief Institutional Business Officer, Chief Operating Officer & Member of Management Board469,8651977
Johannes von MutiusChief Investment Officer & Member of Management Board786,1231969
Tobias DippoldManaging Director0N/A
Martin KarehnkeManaging Director0N/A
Lukas BrunertManaging Director0N/A
Eva StegmayerManaging Director0N/A
Michael TegederHead of Corporate Finance01979
Andre CarlManaging Director0N/A
Ivica PavusekManaging Director0N/A
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Description

As a prominent publicly traded German firm, DIC Asset AG specializes in commercial property ventures. Drawing on nearly two decades of expertise within the German property sector, the company boasts a nationwide presence across key markets, supported by a network of six regional offices. Its extensive portfolio comprises 169 assets, collectively valued at approximately EUR 5.6 billion. DIC operates with a dual-pronged business model, encompassing its Commercial Portfolio, Funds, and Other Investments segments. By employing a proactive asset management strategy, DIC leverages its unique, integrated real estate platform to enhance the value of its holdings and drive revenue growth across all operational areas. The Commercial Portfolio division, overseeing assets worth EUR 1.7 billion, sees DIC acting as both owner and custodian of properties. This segment generates income from ongoing asset administration and by optimizing the intrinsic value of its proprietary real estate holdings. Within the Funds division, which manages EUR 1.6 billion in assets, revenue streams are derived from the creation and stewardship of specialized real estate funds tailored for institutional clientele. The "Other Investments" unit, with EUR 2.3 billion under management, encompasses a diverse range of activities. These include strategic financial placements, third-party property management where DIC has no direct ownership, equity participation in property development projects, and various joint venture partnerships. Since June 2006, DIC Asset AG shares have been listed on the SDAX(R) segment of the Frankfurt Stock Exchange. Furthermore, the company's stock is featured in the EPRA index, a key benchmark for leading European real estate enterprises.

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