on TAG Tegernsee Immobilien U. Beteiligungs AG (ETR:TEG)
TAG Immobilien AG Shows Strong Start to 2025 with Increased Cash Flow and NTA Growth
TAG Immobilien AG reported a successful opening quarter in 2025, driven by substantial gains in operating cash flow and significant growth in both the German and Polish markets. Rental income increased to EUR 44.9 million, surpassing the figures from Q4 2024 and Q1 2024. Operating income (EBITDA) reached EUR 62.8 million, indicating a robust performance.
The company's like-for-like rental growth in Germany remained strong at 3.0% annually. In Poland, TAG sold 592 units, contributing to an elevated number of sales at rising prices. However, adjusted net income from Polish sales dipped due to fewer handovers, totaling EUR 5.0 million.
EPRA NTA per share grew by 6% year-on-year, reaching EUR 19.75, while the loan-to-value (LTV) ratio fell to 45.6%, nearing TAG's target. CEO Claudia Hoyer confirmed expectations of continued growth across both residential markets through 2025.
R. P.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all TAG Tegernsee Immobilien U. Beteiligungs AG news