DIC Asset AG

Stadthaus, Köln

Raimond Spekking

Listed German property investor DIC Asset AG bought the Cologne City Hall office complex near the city’s Bahnhof Deutz train station from Korean investment manager Mirae Asset Global Investments for €500m just before Christmas. Read more


Michael Zahn


In our December issue of REFIRE, we speculated that Ouram Holding, controlled by Israeli investor Amir Dayan, was about to make a full takeover attempt for the German listed TLG Immobilien. Read more


Dirk Hasselbring - Hamburg Trust

Hamburg Trust GmbH

German listed commercial property investor DIC Asset AG is launching a new Spezialfonds, its sixth overall and second focused on retail. The fund, named “Retail Balance I”, will invest in core and core-plus retail real estate in German metro... Read more


Peter Finkbeiner - TLG


Listed German property group TLG Immobilien’s voluntary public takeover of its rival WCM Beteiligungs- und Grundbesitz-Aktiengesellschaft is a go, with 77.75% of shareholders accepting the takeover offer by the end of the acceptance period of 5... Read more


Sonja Wärntges - DIC Asset

DIC Asset

In another giant refinancing deal (see Invesco deal with Aareal Bank in this issue), the Frankfurt-listed DIC Asset AG has been granted a loan of €960m from Deutsche Hypothekenbank, Berlin Hyp and HSH Nordbank, which it will used to prematurely... Read more


Aydin Karaduman - Bilfinger

Bilfinger Real Estate Germany

The Frankfurt-based listed German property firm DIC Asset has raised its acquisition target for its fund business to €500m from its earlier €400m to €450m, and said it had already invested over €300m this year so far. Read more


Ulrich Höller - DIC Asset AG

DIC Asset AG

In a number of statements last year about the future of Germany’s listed commercial real estate sector, Ulrich Höller, the head of the listed Frankfurt-based DIC Asset AG forecast a likely wave of consolidation in the sector, similar to what the... Read more


1st REFD

Frankfurt School Verlag

"Loans are much cheaper in this country than in Scandinavia, for example, because Germany is overbanked," Matthias Moser, Group Head of Alternative Investments at Patrizia, informed the around 150 delegates at the 1st Real Estate Finance Day held... Read more


Higher Risk

© Olivier Le Moal -

Large investors in German real estate are showing an increasing appetite for taking on bigger risks for smaller yield, according to Ernst & Young’s annual real estate barometer. The researchers also expect to see a rise in cross-border... Read more


Commercial real estate

© dutchlight -

Listed German commercial real estate investor DIC Asset AG raised about €100m last week when it completed a rights issue and a cash capital increase, which will allow it to take control of a €480m portfolio of 54 German office and retail assets... Read more


Two of Germany’s top listed real estate companies have opted this month to tap the bond markets as a source of fresh finance, as an alternative to their more traditional route of raising capital through a scrip issue to existing shareholders. Read more