DGAP-News
TLG IMMOBILIEN AG successfully places perpetual notes and bonds in total amount of EUR 1 Billion EUR - Seite 2
Gerald Klinck, Chief Financial Officer of TLG IMMOBILIEN AG: "The dividend yield of 3.3% of the Aroundtown stake and the interest costs of 1.875% provide us with an FFO-accretion from day
one."
JP Morgan and Deutsche Bank successfully led both transactions.
CONTACT
Christoph Wilhelm Corporate Communications Phone: +49 30 2470 6355 E-mail: christoph.wilhelm@tlg.de |
Lisa Geppert Investor Relations Phone: +49 30 2470 6092 E-mail: lisa.geppert@tlg.de |
ABOUT TLG IMMOBILIEN AG
For over 25 years, the listed company TLG IMMOBILIEN AG has owned and rented out commercial properties in selected promising locations in Germany. The company continuously develops its portfolio and actively generates value through strategic investments and selected property acquisitions. As at 30 June 2019, its portfolio contains properties worth EUR 4.6 bn. As at the same reporting date, the adjusted EPRA Net Asset Value per share amounted to EUR 29.77. The portfolio comprises office properties in cities including Berlin, Dresden, Frankfurt/Main, Leipzig and Rostock. It also contains a regionally diversified portfolio of retail properties, primarily in the neighbourhood shopping segment, in promising micro-locations as well as seven hotels in top central locations. The properties of TLG IMMOBILIEN AG stand out not only due to their excellent locations but also because of their long-term rental or lease agreements. Its highly qualified employees guarantee extensive local market expertise at its individual locations.
17.09.2019 Veröffentlichung einer Corporate News/Finanznachricht, übermittelt durch DGAP - ein Service der EQS Group AG.
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