ISIN:DE0008303504

EQS-News: TAG Immobilien AG – Homes for Generations: Sustainability Report 2023 published

Retrieved on: 
Friday, May 3, 2024

TAG Immobilien AG – Homes for Generations: Sustainability Report 2023 published

Key Points: 
  • TAG Immobilien AG – Homes for Generations: Sustainability Report 2023 published
    The issuer is solely responsible for the content of this announcement.
  • TAG is in an excellent position with its real estate portfolio in Germany, which emits around 29.4 kg CO2eq/sqm (2022).
  • By the end of 2023, c. 2,400 rental units had already been added to the existing portfolio.
  • In this connection, TAG further expanded its tenant communications and has, for example, offered a standardised call-back service since September 2023.

EQS-News: Operationally successful FY 2023 for TAG; sales results in Poland exceed guidance; significantly increased net liquidity from disposals in Germany; LTV stable despite portfolio devaluation  

Retrieved on: 
Wednesday, March 13, 2024

Operationally successful FY 2023 for TAG; sales results in Poland exceed guidance; significantly increased net liquidity from disposals in Germany; LTV stable despite portfolio devaluation

Key Points: 
  • Operationally successful FY 2023 for TAG; sales results in Poland exceed guidance; significantly increased net liquidity from disposals in Germany; LTV stable despite portfolio devaluation
    The issuer is solely responsible for the content of this announcement.
  • Based on a comparable portfolio (like-for-like), total rental growth, including the effects from vacancy reduction, was 2.3% (FY 2022: 2.7%) p.a.
  • The vacancy rate for these apartments was 2.2% at the end of the year, after 3.9% at the end of 2022.
  • The total sales volume of EUR 479.0 m increased significantly in 2023 compared to the previous year (EUR 264.2 m).

EQS-News: TAG Immobilien AG consistently develops its sustainability reporting in 2023 and receives numerous awards for social commitment at national and international level

Retrieved on: 
Saturday, December 30, 2023

For the first time, TAG received the sBPR Gold Award, the highest possible level, for its sustainability reporting in 2022.

Key Points: 
  • For the first time, TAG received the sBPR Gold Award, the highest possible level, for its sustainability reporting in 2022.
  • In 2023, TAG was also awarded the 'Outstanding Contribution to Society' prize in the social category by EPRA for its special social commitment in various residential neighbourhoods.
  • An overview of the current ratings is available on the company website in the Sustainability section ( ESG Rating and Award improvements | TAG Immobilien AG (tag-ag.com) .
  • We are therefore particularly pleased that we were able to receive numerous awards for this this year, which confirms our activities."

EQS-News: TAG confirms based on continuous good operating results all forecasts for FY 2023; stable FFO I performance expected for the 2024 FY; dividend suspension to be proposed to the AGM for 2023 as well

Retrieved on: 
Wednesday, December 13, 2023

TAG confirms based on continuous good operating results all forecasts for FY 2023; stable FFO I performance expected for the 2024 FY; dividend suspension to be proposed to the AGM for 2023 as well

Key Points: 
  • TAG confirms based on continuous good operating results all forecasts for FY 2023; stable FFO I performance expected for the 2024 FY; dividend suspension to be proposed to the AGM for 2023 as well
    The issuer is solely responsible for the content of this announcement.
  • Based on a comparable portfolio (like-for-like), rental growth, including the effects of vacancy reduction, of 2.2% (financial year 2022: 2.7%) p.a.
  • By the end of September 2023, the rental portfolio comprised around 2,300 apartments, with another c. 1,050 apartments to be completed by mid-2024.
  • The expected decline in FFO II is due to the lower sales result forecast in Poland.

EQS-News: TAG Immobilien AG repays bridge financing from the acquisition of ROBYG S.A. in full

Retrieved on: 
Tuesday, October 17, 2023

TAG Immobilien AG repays bridge financing from the acquisition of ROBYG S.A. in full

Key Points: 
  • TAG Immobilien AG repays bridge financing from the acquisition of ROBYG S.A. in full
    The issuer is solely responsible for the content of this announcement.
  • TAG Immobilien AG repays bridge financing from the acquisition of ROBYG S.A. in full
    The bridge financing taken out to finance the acquisition of ROBYG S.A. was repaid by TAG Immobilien AG ahead of maturity in October 2023.
  • The financing was granted by four investment banks in March 2022 and was utilised in the amount of EUR 650m at its peak.
  • Martin Thiel, CFO of TAG Immobilien AG: “With the full repayment of the bridge financing we have completed the most important step in our refinancing activities.