TLG IMMOBILIEN AG continues growth in successful Q1 2016
FFO increased by 8.8% year on year to EUR 17.1 m - Rental income up 7.0% to EUR 32.5 m - Portfolio value increases by 5.6% after assumption of nine new assets - Purchase agreements for two additional properties signed in Q1 - EPRA NAV rises by 1.6% to EUR 17.64 per share - FFO forecast of between EUR 72 m and EUR 74 m confirmed for 2016more
TLG IMMOBILIEN AG invests EUR 50.6 m to acquire "Erlenhoefe" office property in Berlin
Total investment volume EUR 50.6 m - Contractual rent approx. EUR 2.9 m p.a. - Occupancy rate approx. 88.5% - Average lease term (WALT) approx. 4.7 years - Primary tenants: Healthcare enterprises Vivantes and Vitanasmore
Report "Property Market in Berlin and eastern Germany 2015"
Again heightened investor interest in eastern Germany