TLG IMMOBILIEN AG acquires office property with significant letting potential in Berlin
Total investment volume of around EUR 32.1 m - Multi-tenant office property with flexible use of space in an excellent micro-location in Berlin-Tegel - Occupancy rate of around 40% and a weighted average lease term (WALT) of 5.9 years - Around EUR 2.1 m p.a. currently generated from rental agreements (incl. rent guarantee)more
TLG IMMOBILIEN AG revises FFO forecast upwards following successful first half of 2016
FFO increased by 23.6% compared to the same period in the previous year, reaching EUR 38.3 m - Rental income grew by 10.7% to EUR 67.6 m - Portfolio value grew by 12.3% in the first half of 2016 - EPRA NAV at EUR 17.33 per share as at 30 June 2016 following distribution of a dividend of EUR 0.72 on 1 June 2016 - FFO forecast for 2016 revised upwards to between EUR 74 m and EUR 76 mmore
Report "Property Market in Berlin and eastern Germany 2016"
Eastern German office markets continue to offer attractive yield potentialmore