Berlin, 29 December 2020 – ACCENTRO Real Estate AG (securities identification number: A0KFKB, ISIN: DE000A0KFKB3) is acquiring all the shares of DIM Holding AG (“Deutsche Immobilien Management”). The purchase agreement on the takeover of the real estate manager has been signed today. This strategic acquisition will allow for further growth of ACCENTRO and the expansion of its property portfolio. DIM Holding AG is one of the leading real estate managers in Germany with approximately 2.8 billion euros in assets under management. The company manages around 18,500 residential units with a total area of approximately 1.4 million square metres; it has about 130 employees and operates seven branch offices across Germany.
ACCENTRO Real Estate AG is a residential property investor and Germany’s market leader in housing privatisations. Its real estate portfolio consisted of around 5,200 units as of 31 December 2020. In addition to Berlin, regional focal points include East German cities and conurbations, as well as the Rhine-Ruhr metro region and Bavaria. The business activity of ACCENTRO comprises four core divisions. These are the tenant-sensitive retailing of condominiums to owner-occupiers and private buy-to-let investors, the sale of real estate portfolios to institutional investors, the set-up and management of a proprietary real estate portfolio, and third-party condominium marketing for property asset holders, investors and developers. The shares of ACCENTRO Real Estate AG are listed on the Prime Standard segment of the Frankfurt Stock Exchange (German securities code number WKN: A0KFKB, ISIN: DE000A0KFKB3). investors.accentro.de
ACCENTRO Real Estate AG
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