Discover Germany, Issue 55, October 2017

Page 56

Discover Germany  |  Special Theme  |  The DACH Region’s Real Estate Experts

Loftwerk, Eschborn. Skyline Frankfurt/Main and MainTor area.

DIC Asset AG

Your trusted partner for commercial real estate One of Germany’s leading listed property companies, DIC Asset is specialised in commercial real estate. Their success speaks for itself and their hybrid corporate approach, which ranges from the acquisition, to an active asset and property management, and all the way to the eventual disposal, has proven to be extremely effective. TEXT: MARILENA STRACKE  I  PHOTOS: DIC ASSET AG

Frankfurt am Main-based property company DIC Asset AG is a business with a clear yield-oriented investment strategy focusing on commercial real estate, with particular emphasis on the office and retail sectors. Via their six branches, which cover all major German markets, they generate long-term added value for their portfolio of around 180 properties, representing total real estate assets of approximately 3.4 billion euros. This benefits the shareholders and employees of DIC Asset AG, which has been listed on the SDAX segment of the 56  |  Issue 55  |  October 2017

Frankfurt Stock Exchange since June 2006 and is part of the international EPRA index, which tracks the performance of the most important European real estate companies. “The company’s investment strategy aims at the further development of a qualitydriven, profitable and regionally diversified property portfolio,” explains Aydin Karaduman, chief executive officer (CEO) of DIC Asset AG.“Using a hybrid business model, DIC Asset focuses on the corporate areas Commercial Portfolio and Funds.”

In the Commercial Portfolio division, DIC Asset AG operates as owner and asset manager to earn stable long-term rent revenues and therefore to generate a constant cash flow. Karaduman adds: “In addition to managing our assets, we optimise existing properties - usually office or retail real estates - by pursuing an active letting management and by repositioning the assets through our own vertically integrated real estate management platform. This active asset management approach helps us to raise capital appreciation potential in our portfolio assets, and to realise capital gains through well-timed disposals.” The Funds division (managed objects accumulating around 1.3 billion euros) generates its revenues by acting as issuer and manager of special real estate funds for their institutional investors. In this context,