DGAP-Information: DIC Asset AG / Key phrase(s): Actual Property/Disposal 
DIC Asset AG Efficiently Sells 'Villa Kennedy' Resort Asset in Frankfurt 
2021-03-08 / 07:30 
The issuer is solely liable for the content material of this announcement. 
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Press Launch 
DIC Asset AG Efficiently Sells "Villa Kennedy" Resort Asset in Frankfurt 
  . Disposal after six-year holding interval for a person mandate within the firm's third-party enterprise 
  . Resort share within the Institutional Enterprise considerably lowered thereby 
Frankfurt am Important, 8 March 2021. DIC Asset AG (ISIN: DE000A1X3XX4), one in every of Germany's main listed property corporations, 
simply offered the "Villa Kennedy" luxurious resort on Kennedyallee in Frankfurt to CONREN Land, an actual property investor. The 
property had been managed by the corporate's working subsidiary, GEG German Property Group GmbH, inside the framework of 
a person mandate within the third-party enterprise for institutional traders ("Institutional Enterprise"). The promoting 
worth for the high-end landmark property is within the higher double-digit hundreds of thousands. 
DIC Asset AG succeeded in finishing the disposal as deliberate, and thus achieved a worthwhile exit for its 
institutional consumer after a holding interval of round six years. The resort share of the Institutional Enterprise, which 
had already been on a really low stage, was additional considerably lowered by the profitable disposal. Within the context of 
its progress technique, DIC Asset AG will sharpen its concentrate on the sought-after asset courses workplace and logistics. 
"Inside a dynamic market setting, we now have properties in all phases of their funding cycle in our care. Our 360° 
strategy consists of the realisation of enticing income from disposals inside the framework of our institutional consumer 
mandates," commented Sonja Wärntges, CEO of DIC Asset AG. 
Initially inbuilt 1901 and massively expanded in 2006, "Villa Kennedy" has a gross lettable space of almost 20,000 sqm 
plus 126 underground parking spots. The five-star resort, which is operated by luxurious resort group Rocco Forte, occupies 
round 19,250 sqm. The premises additionally embody 610 sqm of workplace house and 110 sqm of storage areas. The part of the 
constructing cluster that homes the resort reception, amongst different rooms, is Villa Speyer, a listed mansion named after 
banker Eduard Beit von Speyer for whom it was constructed. 
 
About DIC Asset AG: 
DIC Asset AG is Germany's main listed specialist for industrial actual property with greater than 20 years of expertise on 
the actual property market and entry to a broad-based community of traders. Our enterprise relies on a regional and 
inter-regional actual property platform with eight places of work on the bottom in all main German markets. We handle 225 property 
with a mixed market worth of c. EUR 10.3 billion on web site, at all times near our properties and their occupiers. 
The Industrial Portfolio phase (EUR 2.0 billion in property beneath administration) represents the proprietary actual property 
portfolio of DIC Asset AG. Right here, we generate fixed money flows from secure lease revenues on long-term leases whereas 
additionally optimising the worth of our portfolio property by means of lively administration and realising positive factors from gross sales. 
Within the Institutional Enterprise phase (EUR 8.3 billion in property beneath administration), we earn recurrent charges from actual 
property providers we offer to nationwide and worldwide institutional traders by structuring and managing funding 
autos that return enticing dividend yields. 
DIC Asset AG has been SDAX-listed since June 2006. 
IR Contact DIC Asset AG: 
Peer Schlinkmann 
Head of Investor Relations & Company Communications 
Neue Mainzer Strasse 20 
D-60311 Frankfurt am Important 
Cellphone +49 69 9454858-1492 
[email protected] 
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2021-03-08 Dissemination of a Company Information, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely liable for the content material of this announcement. 
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Language:     English 
Firm:      DIC Asset AG 
              Neue Mainzer Straße 20 
              60311 Frankfurt am Important 
              Germany 
Cellphone:        +49 69 9454858-1492 
Fax:          +49 69 9454858-9399 
E-mail:       [email protected] 
Web:     www.dic-asset.de 
ISIN:         DE000A1X3XX4, DE000A12T648, DE000A2GSCV5, DE000A2NBZG9 
WKN:          A1X3XX, A12T64, A2GSCV, A2NBZG 
Indices:      S-DAX 
Listed:       Regulated Market in Frankfurt (Prime Commonplace); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Munich, Stuttgart, Tradegate Alternate; Luxembourg Inventory Alternate 
EQS Information ID:  1173687 
 
Finish of Information   DGAP Information Service 
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1173687 03/08/2021

(END) Dow Jones Information Wire

March 8, 2021 01:32 ET (06:32 GMT)