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Jürgen Schäfer strengthens Board of Directors of DIC Asset AG

 ​DGAP-News DIC Assets​

DIC Asset AG / Change of PersonnelAnnouncement, transmitted by DGAP - a company of EquityStory AG.The issuer is solely responsible for the content of this announcement.----------------------------------------------------------------------The Frankfurt-based company DIC Asset AG has appointed Dr. Jürgen Schäfer,MRICS, (45) to its Board of Directors as its new Chief Operating Officer(COO) with effect from 1st October 2007. Schäfer therefore succeeds JürgenOverath, who is leaving the company for personal reasons to take on a newprofessional challenge in the Rhineland again.Jürgen Schäfer was most recently Partner and Head of Real Estate at therenowned asset consulting firm Feri Wealth Management GmbH. As anexperienced and distinguished real estate manager, he will strengthen theBoard of Directors of DIC Asset AG with his many years of industryexpertise, which he has acquired in a number of responsible positions invarious real estate companies. He will focus on managing the strategicallyimportant Asset und Property Management Division and steering theactivities of DIC ONSITE. DIC ONSITE is the central asset management entityof DIC, and has the task of managing a diversified real estate portfoliothroughout Germany directly from the geographical centres. It isresponsible for around 340 properties with a total value of just under EUR3 billion. These are managed from five well-established locations.About DIC Asset AGEstablished in 2002, DIC Asset AG, with registered offices inFrankfurt/Main, is a real estate company with a dedicated investment focuson commercial real estate in Germany, pursuing a return-oriented investmentpolicy. DIC Asset AG’s real estate portfolio currently includes around 1.1million sqm of floor space, spread over approx. 340 properties. Theportfolio is divided into three segments: the Core portfolio includes theproprietary portfolio held on a long-term basis and offering stable,attractive rental yields; the Value-Added portfolio contains real estatewith promising performance potential over the medium term; while theOpportunistic Co-Investments portfolio is comprised of real estateinvestments that have a more pronounced risk/return profile, which will beplaced with third parties following a repositioning under an individualbusiness plan. Real estate assets under management currently amount toapprox. EUR 3 billion. DIC Asset AG has now been listed on the SDAX indexfor one year. Investor Relations:Stephan GramkowGrünhof - Eschersheimer Landstraße 22360320 Frankfurt am MainFon. +49-69-9454858-39Fax DGAP 03.07.2007 ---------------------------------------------------------------------- Language:     EnglishIssuer:       DIC Asset AG              Eschersheimer Landstr. 223              60320 Frankfurt DeutschlandPhone:        +49 69 9454858-0Fax:          +49 69 9454858-99E-mail:       info@dic-asset.deInternet:     www.dic-asset.deISIN:         DE0005098404WKN:          509840Indices:      S-DAXListed:       Amtlicher Markt in Frankfurt (Prime Standard); Freiverkehr in              Berlin-Bremen, München, Stuttgart, Düsseldorf End of News                                     DGAP News-Service ---------------------------------------------------------------------------