DIC Asset AG — M&A Activity 2007

Apr 26, 2007

News Details

Ad-hoc | 26 April 2007 18:59

DIC Asset AG sells portfolio

DIC Asset AG / Miscellaneous

Release of an Ad hoc announcement according to § 15 WpHG, transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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The Frankfurt-based DIC Asset AG has now placed a portfolio consisting of
ten commercial properties and an overall area of around 60,000 sqm to two
Luxembourg investors advised by Westcity PLC and AXA REIM at a price of
approximately EUR 86 million. The objects, primarily used as office
buildings, are mainly located in mid-sized German cities such as Bochum,
Gelsenkirchen, Ulm, Regensburg, Ingelheim and Neuss. Approximately 95% of
the properties are currently let. The average lease term is three to four
years. The transaction that was named ‘Mustang’ was offered as part of a
limited proceeding. The transaction is partially a share deal and partially
an asset deal. The buyers were advised by Knight Frank, the sellers by
Colliers Trombello Kölbel.

Investor Relations
Stephan Gramkow
Grünhof · Eschersheimer Landstraße 223
60320 Frankfurt am Main
Tel. (0 69) 9 45 48 58-39
Fax (0 69) 9 45 48 58-99
ir@dic-asset.de

DGAP 26.04.2007

Language: English
Issuer: DIC Asset AG
Eschersheimer Landstr. 223
60320 Frankfurt Deutschland
Phone: +49 69 9454858-0
Fax: +49 69 9454858-99
E-mail: info@dic-asset.de
www: www.dic-asset.de
ISIN: DE0005098404
WKN: 509840
Indices: S-DAX
Listed: Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in
Berlin-Bremen, München, Stuttgart, Düsseldorf

End of News DGAP News-Service

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