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Preliminary figures of TLG IMMOBILIEN AG show significant FFO growth in 2016 - Seite 2

EPRA Net Asset Value (EPRA NAV) also increased during the 2016 financial year. At the end of 2016, EPRA NAV is expected to amount to approx. EUR 1.25 bn or EUR 18.49 per share, corresponding to approx. a 6% increase year-over-year (31/12/2015: EUR 1.17 bn or EUR 17.37 per share).

The publication of the audited consolidated annual financial statements is scheduled for 9 March 2017.

Contact

Christoph Wilhelm Corporate Communications Phone: [phone] E-Mail: [e-mail]

Sven Annutsch Investor Relations Phone: [phone] E-Mail: [e-mail]

 

About TLG IMMOBILIEN AG

TLG IMMOBILIEN AG is a listed leading commercial real estate company in Germany that has been synonymous with real estate expertise for over 25 years. TLG IMMOBILIEN AG generates stable rental income and exhibits low vacancy rates, very good building stock and profits from its local employees' excellent market knowledge. As an active portfolio manager, TLG IMMOBILIEN AG is specialised in commercial properties for office and retail use: it focuses on managing a high-quality portfolio mostly comprising office properties in Berlin, Frankfurt/Main, Dresden, Leipzig and Rostock. The company also has a regionally diversified portfolio of retail properties in highly frequented micro-locations. The portfolio also includes seven hotels in Berlin, Dresden, Leipzig and Rostock. TLG IMMOBILIEN AG's properties stand out not only due to their excellent locations but also because of their long-term rental or lease agreements.

According to preliminary figures that have not yet been audited, as at 31 December 2016, the portfolio value amounted to EUR 2.24 bn and EPRA Net Asset Value per share amounted to EUR 18.49.

This publication contains future-oriented statements based on current opinions and assumptions of the management of TLG IMMOBILIEN AG made to the best of their knowledge. Future-oriented statements are subject to known and unknown risks, uncertainties and other factors that can lead to the turnover, profitability, target achievement and results of TLG IMMOBILIEN AG differing greatly from those named or described expressly or implicitly in this publication. Due to this, those who come into possession of this publication should not trust in such future-oriented statements. TLG IMMOBILIEN AG accepts no liability and gives no guarantee for the correctness of such future-oriented statements and will not adjust them to future results and developments.