Immo Estate
Saturday, 6. October 2018
For the first Fund were selected attractive real estate from the stock and this part portfolio innovatively structured. The DIC asset remains involved in the Fund of at least 20% and uses their established asset and property management for the care and Optimization of real estate. The number of profitable real estate with a low risk profile will be expanded with the purchase of another real estate of Fund. With the equity offer, the DIC asset opens new investor groups and a wider spectrum of investment. The DIC asset AG achieved income and generates additional steady fees from real estate management. Hear other arguments on the topic with Gary Kelly. The DIC asset AG 2010 forecast expects in 2010 for the entire real estate industry a persistently difficult economic environment, which should brighten up until 2011. The company is well prepared and expects results to continue good level according to conservative estimate for 2010.
The interest are expected in the amount of EUR 126 million and operating profit (FFO) between 39 and EUR 41 million. Ulrich Holler, CEO of DIC asset AG: We have exceeded our own forecasts in the crisis year 2009 and generated a good and solid result for our shareholders. The DIC asset AG has therefore very stable against the market trend through the crisis. With the construction of the Special Fund business we provide us wider and create an attractive additional source of income, which will make a relevant contribution to our stable income policy. We still assume that from the second half of 2010 for interesting acquisition opportunities will increase the chances.
From this point of view will be continuously also our capital equipment to the test.” For information about the DIC asset AG, as well as the annual report 2009, on the Internet at. About DIC asset AG, the 2002 established DIC asset AG, based in Frankfurt am Main is a real estate company with exclusive investment focus on commercial real estate in Germany and yield-oriented investment policy. The real estate portfolio of DIC asset AG encompasses approximately 2 million m floor space, divided among 318 objects. The real estate portfolio is divided into three segments: the core plus portfolio comprises longer-term own stock with stable and attractive rental yields. the value-added portfolio includes real estate with interesting Value growth potential in the medium-term focus of the system; in the opportunistic co-investments are real estate investments with higher yield-risk profile to find out be placed after repositioning within an individual business plan. The assisted housing stock amounted to about 3.2 billion euros.