Discover Germany, Issue 55, October 2017

Page 57

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

DIC Asset AG focuses on attractive core investments in major business locations. The asset and property management services as well as buying and selling services that DIC Asset AG provides generates a continuously growing income from management fees for the company. Looking back at around 20 successful years of experience in the German property market, DIC Asset counts on the extensive know-how of their top experts in order to sustainably increase revenue. DIC Asset is particularly interesting for private investors, who are looking forward to investing in shares with potential for growth and attractive dividend yield. Professional investors such as insurance companies, pension funds or foundations, which want to secure long-term stable return of equity with commercial properties, should take a look at DIC Asset’s special real estate funds. Karaduman points out: “Our property management team made of over 100 experts, with a track record of over 20 years, not only takes care of the rental side as well as the entire asset management, they also bring the necessary knowledge to generate attractive yields every year until the end of the maturity period. On top of that, we also hold shares

of at least five per cent of our special property funds in order to show our investors that we as fund managers are sharing the same long-term objectives.” How well the integrated real estate management platform works shows a particular object of the DIC Asset portfolio, as Karaduman explains: “In December 2016, we started taking modernising and reconstruction measures at the Kaiserpassage near the Frankfurt train station. Our team of experts developed a convincing modern utilisation concept. When it is finished, the aged shopping arcade will feature a mix of retail and residential living. During the conversion work, we included the existing tenants to keep the multicultural flair of the arcade but also attracted new tenants. Even before construction started, 97 per cent was already rented.” When the works will be completed next year, the arcade will generate increased rental income and estate value. With their holistic approach, DIC Asset shows that they are all-round experts when it comes to property acquisition, maintenance and revenue growth. For more information, visit the following website:

Aydin Karaduman.

Since January 2016, Bremerhaven-born Aydin Karaduman has been the CEO of DIC Asset AG. Before joining DIC Asset, Aydin Karaduman was the executive president of the real estate department at the Bilfinger Group with 420 million euros revenue and around 3,000 employees. Previously Karaduman, who studied industrial engineering, worked for Metro Group and ThyssenKrupp.

Visit DIC Asset AG at their exhibition stand C.1.230 during the Expo Real in Munich from 4-6 October.

Elbspeicher, Hamburg.

Kaufhof, Chemnitz.

Halle 30, Düsseldorf.

Issue 55  |  October 2017  |  57