DIC Asset AG had the acquisition of two logistics properties notarised that are earmarked for its proprietary portfolio (Commercial Portfolio). One of these is a new-build logistics property in the Hanover metro region that is scheduled for completion and transfer of possession by mid-2023, the other being a fully occupied multi-tenant logistics complex in the Leipzig/Halle metro area whose possession, benefits and burdens already transferred in late September. Pro forma, the two acquisitions raise the share of logistics real estate in the combined market value of the current proprietary portfolio to around 5%. DIC moreover seeks green building certifications for both assets. In the Hanover logistics region, the company acquired a planned new-build property for the price of c. EUR 26 million (total investment costs, TIC) through a forward deal. Its completion to specification standards as well as the intended certification under the DGNG Gold sustainability standard are scheduled for mid-2023. The property, which has a lettable area of around 15,400 sqm, is characterised by great alternative use potential both in single- and multi-tenant occupancy. Its diversified floor space mix combines warehouse space with small-scale commercial units for light-industrial or urban logistics types of use. Located near Hanover Airport, the property's micro-environment is very easily accessible and connected to main transport axes. In Halle (Saale), DIC spent c. EUR 28 million (TIC) on a fully occupied multi-tenant property that was already transferred into the company's proprietary portfolio toward the end of the third quarter. It divides into two building sections and has a total lettable area of around 19,300 sqm. Consisting of an existing structure and a newly constructed building in the Neustadt trading estate, the warehouse complex had a weighted average remaining lease term (WALT) of around 8 years at the time of the acquisition. The annualised rental income approximates EUR 1.3 million.