Report
Manuel Martin, CEFA,CREA

DIC Asset AG : We leave our 2021 FFO estimates unchanged

>We have fine-tuned part of our estimates leaving FFO estimates unchanged - DIC Asset (DIC) is due to publish its FY 2021 results on 9 February. We do not expect any major surprise but have fine-tuned part of our estimates, although we have left our FFO estimates unchanged. Our FFO estimate stands at € 110.4m (+14.4% y-o-y), which is a touch above DIC´s guidance range of € 106m-110m and above the consensus of € 106.8m, which translates into an FFO per share of € 1.35 ...
Underlying
DIC Asset AG

DIC Asset along with its subsidiaries invests directly or indirectly in German commercial real estate and operates in the area of portfolio, asset and property management. Co.'s business segments include: commercial portfolio, which comprises portfolio properties owned by Co., which are leased long-term and offer attractive rental yields; and co-Investments, which comprises fund investments, investments in project developments and joint venture investments. As of Dec 31 2013, Co. had six branches located in the Hamburg, Berlin, Dusseldorf, Frankfurt Am Main, Mannheim, and Munich.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Manuel Martin, CEFA,CREA

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