DIC ASSET AG (FRA:DAZ) DIC Asset AG acquires logistics specialist RLI Investors
Transparency directive : regulatory news
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DGAP-Ad-hoc: DIC Asset AG / Key word(s): Takeover/Investment DIC Asset AG acquires logistics specialist RLI Investors Frankfurt am Main, 23 December 2020 - Today, DIC Asset AG (WKN: A1X3XX / ISIN: DE000A1X3XX4) signed the agreement to acquire 100% of the shares in RLI Investors GmbH, Munich, along with a minority stake of 25% in Realogis Holding GmbH ("Realogis"), Munich. The purchase price approximates EUR 42 million. The transfer to the DIC Asset group of companies will take place at the beginning of the first quarter of 2021. RLI Investors currently has more than EUR 700 million in assets under management. With the acquisition, DIC Asset AG continues to expand its footprint in the strategically important logistics asset class for the benefit of national and international investors on its real estate management platform.
23-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | DIC Asset AG |
| Neue Mainzer Straße 20 | |
| 60311 Frankfurt am Main | |
| Germany | |
| Phone: | +49 69 9454858-1492 |
| Fax: | +49 69 9454858-9399 |
| E-mail: | ir@dic-asset.de |
| Internet: | www.dic-asset.de |
| ISIN: | DE000A1X3XX4, DE000A12T648, DE000A2GSCV5, DE000A2NBZG9 |
| WKN: | A1X3XX, A12T64, A2GSCV, A2NBZG |
| 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: | 1157104 |
| End of Announcement | DGAP News Service |
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1157104 23-Dec-2020 CET/CEST