26.04.2024 07:00:28 - dpa-AFX: EQS-News: Branicks Group expands business model to include renewables asset class and cooperates with Encavis Asset Management AG (english)

Branicks Group expands business model to include renewables asset class and
cooperates with Encavis Asset Management AG

EQS-News: Branicks Group AG / Key word(s): Real Estate/Sustainability
Branicks Group expands business model to include renewables asset class and
cooperates with Encavis Asset Management AG

26.04.2024 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Branicks Group expands business model to include renewables asset class and
cooperates with Encavis Asset Management AG

Frankfurt, 26. 04. 2024 - Branicks Group AG (Branicks), ISIN: DE000A1X3XX4,
is strengthening its focus on operational value enhancement and additional
return potential in the area of sustainability in the Commercial Portfolio
and Institutional Business segments. On the one hand, this includes the
consistent further expansion of the green building ratio as the equivalent
of ecological assets, which already stood at 43.6% at the end of FY 2023. In
addition, Branicks has started a cooperation with Encavis Asset Management
AG (Encavis AM) in the Institutional Business segment to establish an
independent "Renewables" asset class. The aim is to develop and offer
investment vehicles in the field of solar and wind power plants in Germany
and other European countries. A first fund with a target volume of EUR 300
million is being set up for this purpose and will be launched on the market
shortly. Encavis AM's expertise as an independent asset manager and advisor
for solar and wind power and Branicks' expertise in the structuring of
investment vehicles complement each other perfectly. In the solar sector in
particular, the use of land and buildings within the existing office and
logistics asset classes also opens up additional yield potential.

Sonja Wärntges, CEO of Branicks Group AG: "The accelerated conversion of
electricity generation in Germany to CO2-free energies as part of the energy
transition requires a strong acceleration in the expansion of renewable
capacities, especially in the solar and onshore wind sectors. The
cooperation with Encavis as a specialist in the field of renewable energy
and Branicks as an expert in investment vehicles and commercial real estate
is an ideal combination to offer investors attractive investment
opportunities in this dynamic market and to further develop Branicks'
business spectrum in a value-driving manner."

"We are convinced that our expertise and network in the field of renewable
energies, combined with Branicks' structuring and investment competence,
will form a solid foundation for profitable and sustainable investments.
Given the dynamic growth of renewable energies in Europe, this collaboration
is a significant contribution to a successful energy transition," commented
Karsten Mieth, Spokesman of Encavis Asset Management AG, on the partnership.

With more than ten years of established sustainability expertise, Branicks
sets standards in the real estate sector in terms of analytics, consulting
and the development, management and operation of properties. Decarbonization
and ESG criteria are increasingly becoming the focus of investor and user
interest and are an integral part of Branicks' corporate strategy and
business activities. The development of an additional asset class
"Renewables" is a logical step towards broadening Branicks' business
spectrum.

Branicks already has an excellent reputation in the field of ESG, occupies
top positions in ratings such as Morningstar Sustainalytics, S&P Global CSA
and properties in the Branicks portfolio have been awarded renowned
certificates such as DGNB, LEED or BREEAM, which demonstrate the highest
sustainability standards.

About Branicks Group AG:
Branicks Group AG (formerly DIC Asset AG) is a leading German listed
specialist for office and logistics real estate as well as newly renewable
assets with over 25 years of experience in the real estate market and access
to a broad investor network. Our basis is the national and regional real
estate platform with nine offices in the ground in all major German markets
(including VIB Vermögen AG). As of December 31, 2023, we managed properties
with a market value of EUR 13.2 billion in the Commercial Portfolio and
Institutional Business segments.

The Commercial Portfolio segment comprises real estate held for our own
account. Here, we generate cash flows from stable rent revenues on long-term
leases while also optimizing the value of our portfolio assets through
active management and realizing gains from sales.

In the Institutional Business segment, we earn recurrent fees from real
estate services we provide to national and international institutional
investors by structuring and managing investment products that return
attractive dividend yields.

The shares of Branicks Group AG are listed in the Prime Standard of the
German Stock Exchange (WKN: A1X3XX / ISIN: DE000A1X3XX4).

The company is fully committed to sustainability and occupies top positions
in ESG-relevant ratings such as Morningstar Sustainalytics and S&P Global
CSA. The Branicks Group is also a signatory to the UN Global Compact and the
UN PRI network. Properties in the Branicks portfolio have been awarded
renowned ESG certificates such as DGNB, LEED or BREEAM.

For more details, go to branicks.com.

PR Contact Branicks Group AG:

Stephan Heimbach

Neue Mainzer Strasse 32-36

D-60311 Frankfurt am Main

Phone +49 69 9454858-1569

pr@branicks.com

IR Contact Branicks Group AG:

Jasmin Dentz

Neue Mainzer Strasse 32-36

D-60311 Frankfurt am Main

Phone +49 69 9454858-1492

ir@branicks.com

About Encavis Asset Management AG
Encavis Asset Management AG offers institutional investors tailor-made
portfolios and fund solutions for investments in the growth market of
Renewable Energies. The Company has been successfully investing in this
sector since 2006, covering the entire value chain from asset sourcing to
the operational management of investments.

Encavis Asset Management AG is a wholly owned subsidiary of MDAX-listed
Encavis AG (ISIN: DE0006095003, Prime Standard, Ticker symbol: ECV) and, as
part of the Encavis Group, benefits from their many years of experience and
broad industry network. Encavis AG is one of the leading independent power
producers (IPPs) in the field of Renewable Energies in Europe. The Encavis
Group's installed capacity currently adds up to around 3.5 gigawatts (GW),
of which around 2.2 GW is provided by Encavis AG. This corresponds to a
total saving of around 0.8 million tonnes of CO2 per year stand-alone for
the Encavis AG. Furthermore, within the group, more than 1.2 GW of capacity
is currently under construction, of which approximately 830 MW are owned by
the parent company. Another Group member company is Stern Energy S.p.A.,
based in Parma, Italy, a specialised provider of technical services for the
installation, operation, maintenance, revamping and repowering of
photovoltaic systems across Europe.

Encavis is a signatory of the UN Global Compact as well as of the UN PRI
network. Encavis AG's environmental, social and governance performance has
been awarded by two of the world's leading ESG rating agencies. MSCI ESG
Ratings awarded the corporate ESG performance with "AA" and ISS ESG with
their "Prime" label (A-).

Please visit our website www.encavis-am.com for additional information.


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26.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Branicks Group AG
                   Neue Mainzer Straße 32-36
                   60311 Frankfurt am Main
                   Germany
   Phone:          +49 69 9454858-1492
   Fax:            +49 69 9454858-9399
   E-mail:         ir@branicks.com
   Internet:       www.branicks.com
   ISIN:           DE000A1X3XX4, DE000A12T648, DE000A2GSCV5, DE000A2NBZG9
   WKN:            A1X3XX, A12T64, A2GSCV, A2NBZG
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate
                   Exchange; Luxembourg Stock Exchange
   EQS News ID:    1889875




End of News EQS News Service
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1889875 26.04.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
BRANICKS GROUP AG NA O.N. A1X3XX Xetra 1,666 06.05.24 17:36:04 -0,050 -2,91% 0,000 0,000 1,798 1,716

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