TAG Immobilien AG : Swing factor Poland – Revisiting TAG´s investment case
>German portfolio is showing a stable rental performance - We revisited TAG´s investment case taking a closer look at the company´s Polish activities besides its German rental activities. TAG´s German portfolio is showing a stable rental performance (+2.4% l-f-l rent growth) which could accelerate in FY 2024e supported by further vacancy reduction (4.4% vacancy). LTV largely improved to 45.6% from 47.0% for YE 2023, mainly supported by the liquidity inflow from the Po...TAG Immobilien is engaged in the acquisition, development and management of residential real estate as well as property sales. Co. operates within two segments: residential and commercial. Co.'s residential property portfolio is concentrated in the regions of Thuringia / Saxony, the greater metropolitan areas of Berlin and Hamburg, and the Salzgitter and North Rhine-Westphalia regions while its commercial portfolio is situated in locations such as Hamburg, Berlin and Munich. As of Dec 31 2013, Co.'s portfolio consisted of 70,587 units and comprised of 4,582,344 sq. m. of floor area.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.