DIC Asset raises EUR 62m to fund growth

German property investor DIC Asset has raised EUR 62 mln through a recently concluded capital increase. The subscription ratio for the offering of approximately 2.85 million new shares was 43.3%. As they had previously declared, the company's major shareholders - Deutsche Immobilien Chancen and Morgan Stanley Real Estate Funds - took up their portion of the offering and also purchased the remaining shares not taken up by other shareholders.

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