Listed DIC Asset may join DIC/KKR’s new German Estates firm later

22 January 2015, 09:55 PM

Frankfurt listed DIC Asset is not part of the new private German Estates Group which bundles German activities of its one-third shareholder Deutsche Immobilien Chancen and US private equity giant KKR because returns did not match, says CEO Ulrich Höller. But its addition to the deal may be an option for the future.