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DIC Asset AG during first quarter of 2022: outstanding results in terms of growth, lettings and sustainability

DGAP-News: DIC Asset AG during first quarter of 2022: outstanding results in terms of growth, lettings and sustainability

DIC Asset : off to dynamic start into 2021

06.05.2021 / 07:30 Press Release Assets under management grow to EUR 10.6 billion Transactions totalling EUR 274 million completed (EUR 101 million in acquisitions, EUR 173 million in disposals) Increase of letting performance by about 50% year on year Real estate management fees grow by 18% to EUR 24.0 million Funds from operations (FFO) maintain high prior-year level at EUR 26.5 million 33% growth up to EUR 38.5 million when including profits from sales (FFO II) Frankfurt am Main, 6 May 2021. Today, DIC Asset AG (ISIN: DE000A1X3XX4), one of Germany s leading listed property companies, publishes its figures for the first quarter of 2021. Following a strong finish at the end of last year, DIC Asset AG started into 2021 with the same momentum. With the 360 degrees approach covering all aspects of the property it continues to demonstrate the stability and crisis-resilience of its business model. During the opening weeks of the year, the integration of logistics expert R

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