Branicks Group Management

Management criteria checks 2/4

We currently do not have sufficient information about the CEO.

Key information

Sonja Warntges

Chief executive officer

€1.7m

Total compensation

CEO salary percentage	74.4%
CEO tenure	11.5yrs
CEO ownership	n/a
Management average tenure	3yrs
Board average tenure	4.9yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Sonja Warntges's remuneration changed compared to Branicks Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	-€173m
Jun 30 2024	n/a	n/a	-€152m
Mar 31 2024	n/a	n/a	-€75m
Dec 31 2023	€2m	€1m	-€66m
Sep 30 2023	n/a	n/a	-€17m
Jun 30 2023	n/a	n/a	-€8m
Mar 31 2023	n/a	n/a	€22m
Dec 31 2022	€2m	€1m	€31m
Sep 30 2022	n/a	n/a	€33m
Jun 30 2022	n/a	n/a	€44m
Mar 31 2022	n/a	n/a	€45m
Dec 31 2021	€2m	€900k	€58m
Sep 30 2021	n/a	n/a	€83m
Jun 30 2021	n/a	n/a	€79m
Mar 31 2021	n/a	n/a	€76m
Dec 31 2020	€1m	€868k	€70m
Sep 30 2020	n/a	n/a	€79m
Jun 30 2020	n/a	n/a	€83m
Mar 31 2020	n/a	n/a	€88m
Dec 31 2019	€1m	€520k	€81m
Sep 30 2019	n/a	n/a	€54m
Jun 30 2019	n/a	n/a	€50m
Mar 31 2019	n/a	n/a	€48m
Dec 31 2018	€870k	€520k	€48m
Sep 30 2018	n/a	n/a	€65m
Jun 30 2018	n/a	n/a	€69m
Mar 31 2018	n/a	n/a	€65m
Dec 31 2017	€726k	€393k	€64m

Compensation vs Market: Sonja's total compensation ($USD1.77M) is above average for companies of similar size in the UK market ($USD731.38K).

Compensation vs Earnings: Sonja's compensation has increased whilst the company is unprofitable.

CEO

Sonja Warntges (57 yo)

11.5yrs

Tenure

€1,679,783

Compensation

Ms. Sonja Warntges serves as Independent Member of Supervisory Board at Fraport AG since October 16, 2020. She has been Chief Executive Officer and Chairwoman of the Management at Branicks Group AG (former...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Sonja Warntges	Chairwoman of the Management Board	11.5yrs	€1.68m	no data
Johannes von Mutius	Chief Investment Officer & Member of Management Board	1.8yrs	€983.98k	no data
Torsten Doyen	Chief Institutional Business Officer & Member of Management Board	1.8yrs	€517.12k	no data
Christian Fritzsche	MD of Onsite	1.8yrs	€475.02k	no data
Dirk Oehme	Head of Finance & Accounting and MD of GEG/RLI	no data	no data	no data
Michael Tegeder	Head of Corporate Finance	1.5yrs	no data	no data
Peer Schlinkmann	Head of Investor Relations & Corporate Communications	5.3yrs	no data	no data
Mike Reicheneder	Head of Sales	4.8yrs	no data	no data
Anna Katharina Leers	Head of People & Culture	3.8yrs	no data	no data
Thomas Gerstmann	Head of Investment	no data	no data	no data
Kati Herzog	Head of Sustainability	3.8yrs	no data	no data
Ivica Pavusek	Managing Director of Onsite	2.3yrs	no data	no data

3.0yrs

Average Tenure

49yo

Average Age

Experienced Management: 0QGG's management team is considered experienced (3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Gerhard Schmidt	Member of Supervisory Board	22.8yrs	€210.00k	0.070% € 134.9k
Michael Zahn	Independent Vice Chairman of the Supervisory Board	4.3yrs	€154.06k	no data
Jürgen Overath	Member of Supervisory Board	less than a year	no data	no data
René Zahnd	Independent Member of the Supervisory Board	5.5yrs	€110.00k	no data
Eberhard Vetter	Independent Member of the Supervisory Board	6.7yrs	€100.00k	no data
Angela Geerling	Independent Chairwoman of the Supervisory Board	2.7yrs	€69.04k	no data

4.9yrs

Average Tenure

61yo

Average Age

Experienced Board: 0QGG's board of directors are considered experienced (4.9 years average tenure).

Branicks Group Management

Management criteria checks 2/4

Key information

Recent management updates

Branicks Group AG, Annual General Meeting, Aug 22, 2024

DIC Asset AG Appoints Michael Tegeder as Head of Corporate Finance

DIC Asset AG Announces Executive Changes

DIC Asset AG, Annual General Meeting, Mar 30, 2023

DIC Asset AG, Annual General Meeting, Mar 24, 2021

DIC Asset AG Announces Executive Appointments

Recent updates

Third quarter 2024 earnings released: €0.32 loss per share (vs €0.08 loss in 3Q 2023)

Branicks Group AG to Report Q3, 2025 Results on Nov 06, 2025

Second quarter 2024 earnings released: €1.10 loss per share (vs €0.18 loss in 2Q 2023)

Now 22% overvalued

An undisclosed buyer acquired Retail park property located in Stockstadt from Branicks Group AG (XTRA:DIC).

Branicks Group AG, Annual General Meeting, Aug 22, 2024

Full year 2023 earnings released: €0.79 loss per share (vs €0.38 profit in FY 2022)

Branicks Group AG to Report Fiscal Year 2023 Results on Apr 30, 2024

New major risk - Share price stability

Now 29% undervalued after recent price drop

New minor risk - Share price stability

New major risk - Revenue and earnings growth

Branicks Group AG to Report Q3, 2024 Results on Nov 07, 2024

Second quarter 2023 earnings released: €0.18 loss per share (vs €0.18 profit in 2Q 2022)

New minor risk - Shareholder dilution

New major risk - Revenue and earnings growth

New major risk - Revenue and earnings growth

Investor sentiment deteriorates as stock falls 17%

DIC Asset AG Appoints Michael Tegeder as Head of Corporate Finance

First quarter 2023 earnings released

DIC Asset AG Reaffirms Earnings Guidance for the Year 2023

Investor sentiment deteriorates as stock falls 16%

Upcoming dividend of €0.75 per share at 8.5% yield

DIC Asset AG Proposes Dividend for the Year 2022

Full year 2022 earnings released: EPS: €0.38 (vs €0.71 in FY 2021)

DIC Asset AG Announces Executive Changes

Third quarter 2022 earnings released: EPS: €0.03 (vs €0.16 in 3Q 2021)

DIC Asset AG, Annual General Meeting, Mar 30, 2023

DIC Asset AG to Report First Half, 2023 Results on Aug 03, 2023

DIC Asset AG (XTRA:DIC) acquired Logistics asset in Oosterhout.

Second quarter 2022 earnings released: EPS: €0.18 (vs €0.19 in 2Q 2021)

KINGSTONE Bavaria Süd, managed by KINGSTONE Real Estate acquired Core office property at Bavariafilmplatz 8 in Grünwald near Munich from DIC Asset AG (XTRA:DIC).

First quarter 2022 earnings released: EPS: €0.12 (vs €0.27 in 1Q 2021)

Dic Asset Ag Provides Guidance of Rental Income for 2022

DIC Asset AG (XTRA:DIC) acquired Three Logistics Properties in Netherlands for €169 million.

Upcoming dividend of €0.75 per share

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

An unknown buyer acquired Office property in the Munich from DIC Office Balance V managed by DIC Asset AG (XTRA:DIC).

Third quarter 2021 earnings released: EPS €0.16 (vs €0.12 in 3Q 2020)

Geg Public Infrastructure II Fund, a fund managed by DIC Asset AG (XTRA:DIC) acquired Bonnanova office property for €95.2 million.

Second quarter 2021 earnings released: EPS €0.19 (vs €0.15 in 2Q 2020)

DIC Asset AG (XTRA:DIC) acquired two office properties in Munich for approximately €640 million.

First quarter 2021 earnings released: EPS €0.27 (vs €0.21 in 1Q 2020)

DIC Asset AG (XTRA:DIC) acquired Mercedes-Benz-Center Property in Cologne-West for €71 million.

Upcoming Dividend of €0.70 Per Share

New 90-day high: €15.85

DIC Asset AG Signs Logistics Leases for over 16,000 Sqm in Lehrte

CONREN Land AG acquired Villa Kennedy Hotel from DIC Asset AG (XTRA:DIC).

DIC Asset AG Launches Its First Logistics Property Fund

Full year 2020 earnings released: EPS €0.88 (vs €1.13 in FY 2019)

New 90-day high: €14.46

DIC Asset AG (XTRA:DIC) acquired Goldenes Haus office building from Finch Property Group Limited and Partners Group Holding AG (SWX:PGHN) for approximately €180 million.

New 90-day high: €13.98

New 90-day high: €13.74

DIC Asset AG (XTRA:DIC) acquired Galilei for €39 million.

New 90-day high: €13.60

DIC Asset AG, Annual General Meeting, Mar 24, 2021

DIC Asset AG to Report Fiscal Year 2020 Results on Feb 10, 2021

New 90-day high: €11.70

DIC Asset AG Announces Executive Appointments

Third quarter earnings released

New 90-day low: €9.90

DIC Asset AG (XTRA:DIC) acquired LOOK 21 Property on Heilbronner Strasse in downtown Stuttgart from USWM-Immobilien GmbH together with its two shareholders for EUR122 million.

DIC Asset AG (XTRA:DIC) acquired HangarOne from nesseler projektidee GmbH for €38 million.

New 90-day low: €10.18

Carlo Giersch acquired Primus office complex from DIC Asset AG (DB: DAZ).

DIC Asset AG (XTRA:DIC) completed the acquisition of Multi-tenant office building in Leinfelden-Echterdingen from Objekt Fasanenweg Leinfelden GmbH & Co. KG.

CORESIS Management GmbH acquired office and commercial building at Ludwigsplatz 1 and Bahnhofstrasse 2 from DIC Asset AG (XTRA:DIC).

CEO Compensation Analysis