Brief: DIC Asset Proprietary Holdings Grow To C. EUR 4.5 Bln

BRANICKS AG

25/05/2022 12:36

May 25 (Reuters) - DIC ASSET AG  DICn.DE :
    * MARKET VALUE OF VIB'S REAL ESTATE PORTFOLIO AS MEASURED BY
A
RENOWNED INTERNATIONALLY ACTIVE APPRAISER THEREBY INCREASES TO
C. EUR 2.3 BILLION
    * DIC PROPRIETARY HOLDINGS GROW TO C. EUR 4.5 BILLION
    * THIS HAS RESULTED IN A WEIGHTED PURCHASE PRICE OF EUR
51.08 PER
VIB SHARE AND A TOTAL CONSIDERATION OF C. EUR 850 MILLION THAT
IS FULLY COVERED BY VIB'S PROPERTY VALUES

Source text for Eikon:  ID:nEQ1bsssja 
Further company coverage:  DICn.DE 

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