DIC Asset AG (0QGG.IL)

7.86 -0.47 (-5.64%) At close: 05:53PM BST

DIC Asset AG

Neue Mainzer Straße 20
MainTor
Frankfurt am Main 60311
Germany
49 69 9 45 48 58
https://www.dic-asset.de

Sector(s): Real Estate
Industry: Real Estate—Diversified
Full-time employees: 341

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Sonja Warntges	Chairwoman of the Management Board, CFO & CEO	1.6M	N/A	1967
Mr. Johannes von Mutius	Chief Investment Officer & Member of Management Board	1.05M	N/A	1969
Mr. Torsten Doyen	MD of GEG, Chief Institutional Bus. Officer & Member of Management Board	N/A	N/A	1970
Mr. Christian Fritzsche	MD of Onsite, COO & Member of Management Board	N/A	N/A	1977
Mr. Dirk Oehme	Head of Fin. & Accounting and MD of GEG/RLI	N/A	N/A	1975
Mr. Peer Schlinkmann	Head of Investor Relations & Corp. Communications	N/A	N/A	1983
Mr. Mike Reicheneder	Director Investment & Head of Sales	N/A	N/A	N/A
Anna Katharina Leers	Head of People & Culture	N/A	N/A	N/A
Mr. Thomas Gerstmann	Head of Investment	N/A	N/A	N/A
Dr. Kati Herzog	Head of Sustainability	N/A	N/A	N/A

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in EUR.

Description

DIC Asset AG is one of Germany's leading listed property companies, and specialises in commercial real estate. With around 20 years of experience on the German real estate market, the company maintains a regional footprint on all major German markets through six branch offices, and has 169 assets with a combined market value of c. EUR 5.6 billion under management. DIC uses a hybrid business model to manage its business divisions Commercial Portfolio, Funds and Other Investments. Taking an active asset management approach, DIC employs its proprietary, integrated real estate management platform to raise capital appreciation potential in its business divisions and to boost its revenues. In its Commercial Portfolio division (EUR 1.7 billion in assets under management), DIC acts as proprietor and property asset holder, and thus generates revenues both from the management of the assets and through the value optimisation of its own real estate portfolio. The Funds division (EUR 1.6 billion in assets under management) generates its revenues by acting as issuer and manager of special real estate funds for institutional investors. Gathered in the business unit Other Investments (EUR 2.3 billion in assets under management) are strategic financial investments, the management of properties in which the company holds no equity stakes, equity investments in property developments and joint venture investments. DIC Asset AG has been included in the SDAX(R) segment of the Frankfurt Stock Exchange since June 2006. The Company's shares are also included in the EPRA index, which tracks the performance of the most important European real estate companies.

Corporate governance

DIC Asset AG’s ISS governance QualityScore as of 30 March 2023 is 10. The pillar scores are Audit: 6; Board: 8; Shareholder rights: 1; Compensation: 10.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.