15.10.2021 DIC Asset AG  DE000A1X3XX4

DGAP-News: DIC Asset AG sells properties in Bochum for c. EUR 73 Million


DGAP-News: DIC Asset AG / Key word(s): Real Estate/Disposal
DIC Asset AG sells properties in Bochum for c. EUR 73 Million

15.10.2021 / 07:30
The issuer is solely responsible for the content of this announcement.

Press release

DIC Asset AG sells properties in Bochum for c. EUR 73 Million

  • Further optimisation of the balance sheet portfolio by selling smaller assets
  • Realising the achieved appreciation
  • Bochumer Fenster, managed for a third party, among the assets sold
  • Total disposals for the 2021 financial year now at c. EUR 246 million

Frankfurt am Main, 15 October 2021. DIC Asset AG ("DIC"), ISIN: DE000A1X3XX4, one of Germany's leading listed property companies, announced the sales of three properties in Bochum in a total volume of c. EUR 73 million today. The assets sold include the property at Castroper Str. 270/280 and the Henry-Bessemer-Park complex (Bessemer Str. 85) from the proprietary portfolio (Commercial Portfolio) of DIC, which were sold to BOWAG Grundbesitz, a Bochum-based company of the Bollmann Group, as well as the Bochumer Fenster property, which was sold on behalf of the "DIC Office Balance III" special fund to the Wohninvest Group based in Fellbach.

Dominik Sikler, Managing Director of Wohninvest, said: "Bochumer Fenster is a very attractive asset. We very much look forward to the further development at this exciting location."

The transactions bring the total notarised sales for both divisions of DIC - Commercial Portfolio and Institutional Business - up to c. EUR 246 million. The company plans to have signed c. EUR 300 to 400 million worth of disposals by the end of the year.

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 234 assets with a combined market value of c. EUR 11.3 billion on site, always close to our properties and their occupiers.

The Commercial Portfolio segment 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, 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]

15.10.2021 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: 1240931

End of News DGAP News Service

1240931  15.10.2021 


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 0,72
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 14,420 Kaufen 1.140,21
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
13,87 20,14 0,70 27,31
1,09 16,91 3,55 15,58
Dividende '20 in € Dividende '21e in € Div.-Rendite '21e
in %
0,70 0,72 4,99 24.03.2022
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
10.05.2022 02.08.2022 11.11.2021 09.02.2022
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-5,63% -4,44% 7,13% 11,09%
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Immobilien (Gewerbe) , A1X3XX , DIC , XETR:DIC