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TAG Immobilien AG (TEGG.DE)

TEGG.DE on Xetra

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Latest Key Developments (Source: Significant Developments)

Tag Immobilien expects 2018 FFO of 135-137 mln eur​
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Tag Immobilien :Reports strong results in Q3 2017 - FFO forecast to increase by 13% to eur 135-137 million (eur 0.93 per share) and in dividend by 11% to eur 0.70 per share in 2018.Says ‍FFO I of eur 33.9 million in Q3 / eur 93.2 million in first nine months of 2017​.Says ‍like-for-like rental growth at 3.0% p.a. including effects from vacancy reduction​.Says ‍in q3 of 2017, Tag generated funds from operations (FFO I not including net revenue from sales) of eur 33.9 million​.Says ‍FFO 2018: eur 135-137 million (guidance 2017: eur 119-121 million)​.Says ‍FFO per share 2018: eur 0.93 (guidance 2017: eur 0.82)​.Says ‍dividend per share for 2018: eur 0.70 (guidance for 2017: eur 0.62)​.  Full Article

TAG Immobilien raises FFO forecast after H1 profit gain
Thursday, 11 Aug 2016 

Tag Immobilien Ag : TAG Immobilien AG lifts ffo forecast for financial year 2016 . FFO of eur 23.3 m in q2 2016 and eur 44.9 m in h1 2016 . FFO forecast for 2016 financial year can already be increased significantly by around 10% from previously eur 84-85 m to eur 92-93 m .Lifts FFO forecast for financial year 2016.  Full Article

TAG Immobilien beats forecast at Q1 FFO of 21.6 mln eur
Tuesday, 10 May 2016 

TAG Immobilien AG : Says FFO of eur 21.6 million . Says like for like rental growth rises to 3.8% p.a. At 31 march 2016 . Says vacancy across total portfolio further reduced from 8.2% at beginning of year to 7.6% in April 2016 . Says NAV per share increased to eur 10.76 . Says dividend payout of eur 0.55 per share planned for June 2016 . Says rental revenue totalled eur 67.7 million in Q1 2016, up from eur 65.9 million in preceding quarter .Reuters poll average for tag immobilien Q1 rental income was 67.1 million eur, FFO 20.6 million eur.  Full Article

TAG Immobilien AG places treasury shares at 3.6 pct discount
Thursday, 17 Mar 2016 

TAG Immobilien AG:Private placement of 5,000,000 treasury shares in ABB transaction with discount of 3.6 pct to closing price of 12.09 euros per 16 March 2016​.Gross proceeds to company of about 58.3 million euros.Price of placement shares was set at 11.65 euros per share which represents 3.6 pct discount.  Full Article

TAG Immobilien AG to sell up to 5 million treasury shares
Wednesday, 16 Mar 2016 

TAG Immobilien AG:To sell up to 5 million treasury shares.Intends to use proceeds from placement for general and corporate purposes as well as for potential property acquisitions​.Placement will start immediately and is expected to end before March 17's stock market opening​.  Full Article

German stocks - Factors to watch on December 12

FRANKFURT/BERLIN, Dec 12 The following are some of the factors that may move German stocks on Tuesday: