28.07.2021 DIC Asset AG  DE000A1X3XX4

DGAP-News: DIC Asset AG: Third logistics fund fully placed after four months


DGAP-News: DIC Asset AG / Key word(s): Funds/Real Estate
DIC Asset AG: Third logistics fund fully placed after four months

28.07.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

Press Release

DIC Asset AG: Third logistics fund fully placed after four months

  • Commitments by notable institutional investors
  • Strong logistics engagement
  • Pan-European investments planned

Frankfurt am Main, 28 July 2021. DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany's leading listed property companies, has reached the investor closing for its latest logistics real estate fund "RLI-GEG Logistics & Light Industrial III" in the shortest time and collected capital of c. EUR 210 million. The equity was committed by German institutional investors, including banks, pension funds and insurance companies.

"Once again, we have shown that speed, creativity and reliability are values that our investors can rely on. And that is in the development of a fund and in the development of a pipeline of attractive properties. I am pleased that we are also so convincing and successful in the field of logistics with our own dynamic performance," commented Sonja Wärntges, CEO of DIC Asset AG.

The target investment volume of the fund is at c. EUR 400 million. Besides the two existing properties in the seed portfolio, a concrete pipeline for further investments in Germany and abroad is in place.

The institutional fund will invest, in addition to classic high-yield logistics real estate, in light industrial and urban logistics properties, too. While focusing on Germany as core market, it also considers Benelux and Austria as established neighbouring markets in Europe.

The fund reflects ESG aspects in its investment strategy in line with the Sustainable Finance Disclosure Regulation (OffV) will be structured as an "Article-8 fund" in the future.


About DIC Asset AG:

DIC Asset AG is Germany's leading listed specialist for commercial real estate with more than 20 years of experience on the real estate market and access to a broad-based network of investors. Our business is based on a regional and inter-regional real estate platform with eight offices on the ground in all major German markets. We manage 231 assets with a combined market value of c. EUR 10.6 billion on site, always close to our properties and their occupiers.

The Commercial Portfolio segment (EUR 2.0 billion in assets under management) represents the proprietary real estate portfolio of DIC Asset AG. Here, we generate steady cash flows from stable rent revenues on long-term leases while also optimising the value of our portfolio assets through active management, and realising gains from sales.

In the Institutional Business segment (EUR 8.6 billion in assets under management), we earn recurrent fees from real estate services we provide to national and international institutional investors by structuring and managing investment vehicles that return attractive dividend yields.

DIC Asset AG has been SDAX-listed since June 2006.

IR/PR Contact DIC Asset AG:
Peer Schlinkmann
Leiter Investor Relations & Corporate Communications
Neue Mainzer Str. 20 * MainTor Primus
D-60311 Frankfurt am Main
T +49 69 9454858-1492
[email protected]

28.07.2021 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.

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Language: English
Company: DIC Asset AG
Neue Mainzer Straße 20
60311 Frankfurt am Main
Phone: +49 69 9454858-1492
Fax: +49 69 9454858-9399
E-mail: [email protected]
Internet: www.dic-asset.de
ISIN: DE000A1X3XX4, DE000A12T648, DE000A2GSCV5, DE000A2NBZG9
Indices: S-DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock Exchange
EQS News ID: 1222159

End of News DGAP News Service

1222159  28.07.2021 


Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 372,39 473,79 381,88 241,66 364,25 321,10 0,00
EBITDA1,2 126,60 114,90 136,60 122,30 146,15 144,96 0,00
EBITDA-Marge3 34,00 24,25 35,77 50,61 40,12 45,14 0,00
EBIT1,4 83,90 79,60 105,60 92,80 111,91 106,18 0,00
EBIT-Marge5 22,53 16,80 27,65 38,40 30,72 33,07 0,00
Jahresüberschuss1 20,72 -29,39 64,41 47,61 80,86 73,11 0,00
Netto-Marge6 5,56 -6,20 16,87 19,70 22,20 22,77 0,00
Cashflow1,7 53,02 33,95 56,52 61,85 64,84 67,43 0,00
Ergebnis je Aktie8 0,30 -0,41 0,93 0,68 1,13 0,88 0,97
Dividende8 0,37 0,40 0,64 0,48 0,66 0,70 0,70
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: Rödl & Partner

DIC Asset
WKN Kurs in € Einschätzung Börsenwert in Mio. €
A1X3XX 15,160 Kaufen 1.198,72
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
14,58 20,22 0,72 28,71
1,15 17,78 3,73 15,98
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
0,66 0,70 4,62 24.03.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
06.05.2021 11.08.2021 11.11.2021 10.02.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
0,17% 3,09% 12,63% 34,16%
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