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TAG Immobilien AG (TEGG.DE)

TEGG.DE on Xetra

12.49EUR
22 Jul 2016
Change (% chg)

-- (--)
Prev Close
€12.49
Open
€12.39
Day's High
€12.54
Day's Low
€12.39
Volume
237,601
Avg. Vol
345,443
52-wk High
€12.55
52-wk Low
€9.54

Latest Key Developments (Source: Significant Developments)

TAG Immobilien beats forecast at Q1 FFO of 21.6 mln eur
Tuesday, 10 May 2016 01:37am EDT 

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 02:30am EDT 

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 12:50pm EDT 

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

TAG Immobilien confirms FY 2016 FFO guidance, FY 2015 and 2016 dividend forecast
Thursday, 25 Feb 2016 01:00am EST 

TAG Immobilien AG:FFO guidance for FY 2016 of around 84.0 million euros to 85.0 million euros confirmed.For the 2015 financial year, an increase in the dividend to 0.55 euros is planned.Says ‍dividend is to be further increased to 0.57 euros per share for 2016 financial year​.  Full Article

TAG Immobilien acquires 1,000 new residential units in Saxony
Monday, 25 Jan 2016 12:00pm EST 

TAG Immobilien AG:Acquires 1,000 new residential units in Saxony - increasing its real estate portfolio to 80,000 units in total.  Full Article

TAG Immobilien AG buys flats for 18.6 mln euros
Monday, 18 May 2015 01:30am EDT 

TAG Immobilien AG:Acquired residential property portfolio with 839 residential units and 23 commercial units for purchase price of about 18.6 million euros.Portfolio is scheduled to be gradually transferred starting end of Q2 and during course of Q3 2015.TAG's total portfolio, including sales and purchases in 2015, now stands at around 75,000 units.Portfolio will sustainably increase TAG's operating cash flow and FFO.  Full Article

TAG Immobilien AG to distritube FY 2014 dividend of 0.50 euro per share
Thursday, 7 May 2015 01:30am EDT 

TAG Immobilien AG:To distritube FY 2014 dividend of 0.50 euro per share versus 0.35 euro per share a year ago.  Full Article

TAG Immobilien confirms FY 2015 FFO guidance, proposes dividend
Monday, 2 Mar 2015 02:00am EST 

TAG Immobilien AG:Proposed dividend payment for FY 2014 financial year remains unchanged at 0.50 euros per share.FFO I guidance for FY 2015 of 0.67 euros to 0.69 euros per share is confirmed.FY 2015 FFO estimate 0.69 euros per share - Thomson Reuters I/B/E/S.  Full Article

TAG Immobilien appoints Rolf Elgeti as Chairman of Supervisory Board
Monday, 1 Dec 2014 05:40am EST 

TAG Immobilien AG:Says Rolf Elgeti was elected Chairman of Supervisory Board.  Full Article

TAG Immobilien reaffirms FFO outlook for FY 2014 and FY 2015 FFO
Thursday, 6 Nov 2014 02:30am EST 

TAG Immobilien AG:Says reconfirms FFO forecast based on 0.69 euros per share for full year 2014.Sees further increase to between 0.71 euros and 0.73 euros per share for full year 2015.  Full Article

BRIEF-Tag Immobilien concludes offer for early conversion of bond

* Says successfully concludes offer for early conversion of its convertible bond 2012/2019 with an acceptance quota of 94% Source text for Eikon: Further company coverage: (Reporting by Frankfurt Newsroom)