DGAP-News: DIC Asset AG / Key word(s): Acquisition/Funds DIC Asset AG: Acquisition Guidance for Fund Business exceeded 11.12.2015 / 07:29 The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Press Release Frankfurt, 11 December 2015 DIC Asset AG: Acquisition Guidance for Fund Business exceeded - Acquisition volume in 2015 raised to EUR 133 mn - Two further acquisitions worth c. EUR 42 mn for fund "DIC Office Balance II" - Brings fund volume to c. EUR 800 mn DIC Asset AG, a Frankfurt-based investor specialised in German commercial real estate (German Securities ID A1X3XX / ISIN DE000A1X3XX4) acquired two properties with a total volume of EUR 42 mn for the special real estate fund "DIC Office Balance II" during the fourth quarter in 2015. The total acquisition volume for the fund business rose to EUR 133 mn in 2015 and exceeded the original target of at least EUR 130 mn for the existing funds. The total fund volume under management is now at EUR 800 mn. An office property in the center of Düsseldorf with an area of roughly 8,100 sqm was acquired for c. EUR 28 mn. The property was renovated in 2015 and is currently 92% occupied by several tenants. A further EUR 14 mn was invested for a multi-tenant office and retail asset with an area of 6,500 sqm in the inner city of Hanover. The property was built in 1865 and completely refurbished and remodeled in 1999. Currently, property spaces are 93% let. The company was advised on these transactions by the estate agencies Rheinwert Immobilienconsulting and BNP Paribas Real Estate, among others. Ulrich Höller, CEO of DIC Asset AG: "With newest acquisitions we have reached our target as planned in the 2nd half year in a competitive market environment, further acquisitions are planned by year end." About the Fund Business of DIC Asset AG: Since 2010, DIC has launched a total of three institutional funds: a retail property fund "DIC HighStreet Balance" and the two office property funds "DIC Office Balance I" and "DIC Office Balance II". As a matter of principle, DIC Asset always acquires a significant interest in the funds, acting as co-investor while also contributing property and investment expertise as service provider. Committed in these institutional funds are institutional investors, most notably banks, pension funds, foundations, insurance companies, and family offices, which expand the investor circle of DIC Asset AG to include business partners with a long-term horizon. 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 investment strategy of DIC Asset AG aims at the continuous development of a quality-driven, high-yield, and regionally diversified portfolio. The real assets under management amount to c. EUR 3.1 billion, comprising around 215 properties, while the pro-rata interest in the real assets amounts to c. EUR 2.2 billion. The real estate portfolio is structured in two segments: the Commercial Portfolio (EUR 2.0 billion) comprises existing properties with long-term rental contracts generating attractive rental yields. The "Co-Investment" segment (EUR 0.2 billion pro rata) pools fund investments, joint venture investments, and investments in project developments. 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 kind of market presence and expertise creates the basis for preserving and enhancing our 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. For more details on DIC Asset AG, please visit us at www.dic-asset.de. Press contact: Thomas Pfaff Kommunikation Höchlstrasse 2 D-81675 Munich Tel. +49-89-992496-50 Fax +49-89-992496-52 Mobile +49-172-8312923 [email protected] Investor Relations Peer Schlinkmann Neue Mainzer Strasse 20 - MainTor D-60311 Frankfurt am Main Tel. +49-69-9454858-1221 Fax +49-69-9454858-9399 [email protected] --------------------------------------------------------------------------- 11.12.2015 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: DIC Asset AG Neue Mainzer Straße 20 * MainTor 60311 Frankfurt Germany Phone: +49 69 9454858-1221 Fax: +49 69 9454858-9399 E-mail: [email protected] 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 End of News DGAP News Service --------------------------------------------------------------------------- 422913 11.12.2015