Deutsche Industrie Grundbesitz AG
JB7.DE
Deutsche Börse19.65
EUR
- -
- -
Deutsche Industrie Grundbesitz AG
JB7.DE
(Deutsche Börse)
Recent
price
19.65
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Deutsche Industrie Grundbesitz AG (DIG), a subsidiary of CTP N.V., operates as a real estate investment entity focused on the acquisition, leasing, management, and sale of light industrial properties in Germany; its portfolio comprises medium to large industrial parks, production facilities, logistics and distribution centers, and commercial estates located in key macro-locations with strong local relevance across established industrial and business areas throughout the country. The company targets tenants in logistics, manufacturing, and distribution sectors, offering properties optimized for last-mile logistics and operational efficiency. Founded in 2014 as Jägersteig Beteiligungs GmbH and headquartered in Potsdam, Germany, it converted to a public stock corporation in 2017, achieved REIT status in early 2018 under the name Deutsche Industrie REIT-AG, and reverted to its current name prior to its integration into CTP. In 2021-2022, CTP N.V. executed a voluntary public takeover offer valued at approximately 800 million euros, acquiring 80.9% of DIG in February 2022 and the remaining 19.1% through the first cross-border merger of a German public company into a Dutch N.V. on August 23, 2022, delisting the shares from the Berlin Stock Exchange and integrating DIG's approximately 90 properties—valued at around 688 million euros with annual rents of 58.7 million euros as of mid-2021—into CTP's pan-European logistics platform. Post-acquisition, CTP has driven significant operational enhancements, including re-leasing 155,000 sqm at 57% above prior rents in 2023, boosting the German rent roll from 59.7 million euros to 69.7 million euros, achieving a 12% increase in estimated rental values without yield expansion, and launching a 300 million euro multi-year investment program announced in spring 2023 to double the portfolio through land acquisitions totaling 781,000 sqm, refurbishments like CTPark Weiden for Heineken, new construction at CTPark Bremen, and developments in Mulheim, Wuppertal, and Krefeld.