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TLG IMMOBILIEN

Investment fund - Investment company

Last update November 7, 2019 | Report an error

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Contributors

Barak Bar-Hen

Chief Executive Officer - Chairman of the Management Board

Sascha Hettrich

Chairman of the Supervisory Board

Gerald Klinck

Chief Financial Officer - Member of the Management Board

Ran Laufer

Deputy Chairman

Jürgen Overath

Chief Operating Officer - Member of the Management Board

Barak Bar-Hen

Chief Executive Officer - Chairman of the Management Board

Sascha Hettrich

Chairman of the Supervisory Board

Gerald Klinck

Chief Financial Officer - Member of the Management Board

Ran Laufer

Deputy Chairman

Jürgen Overath

Chief Operating Officer - Member of the Management Board

Christoph Wilhelm

Head of Corporate Communications

Listed

Berlin's TLG boosts 9mth portfolio 11.5% to €4.6bn amid Aroundtown merger

Berlin's TLG Immobilien boosted the value of its properties by 11.5% in the first nine months to €4.58bn, and reiterated that its merger with larger peer (...)

Listed

€25bn property mega-merger looms as Aroundtown agrees bid basis for TLG

A €25bn European real estate mega-merger is looming after Luxembourg's Aroundtown won approval for a takeover bid for Berlin's TLG to create a firm with over (...)

Finance

German property investment, at €43bn in first 9mths, 2019 set for record

German property investment reached almost €43.4bn in the first nine months of 2019, with €18.5bn in 3Q19 alone, and looks set to hit a record €65bn (...)

Listed

Berlin's TLG, after regulatory approval, takes Aroundtown stake to 13%

Berlin's TLG Immobilien, after regulatory approval, has exercised a call option on 3% of larger counterpart Aroundtown, adding to a 9.99% stake acquired at the start (...)

Listed

Recent M&A activity seen unlikely to signal a wave of take-private deals

Despite European listed real estate trading predominantly at discounts to NAV, recent renewed M&A activity is unlikely to signal a wave of take-private deals, analysts say. They (...)

Listed

CEE's listed Globalworth raises NOI 31.5% to €68m in first half

CEE listed office investor Globalworth reported first half net operating income up 31.5% at €68.0m, with a portfolio value - in Romania and Poland - up 11.5% since (...)

Listed

Berlin's TLG raises €1bn financing at 1.875% to cover 10% Aroundtown stake

Berlin's TLG Immobilien has raised €1bn financing at 1.875% to cover a 9.99% stake in peer Aroundtown as the two move toward a merger to create (...)

Listed

Germany's TLG pays €1bn for 10% stake in Aroundtown as the two eye merger

Listed German property firm TLG Immobilien has taken a €1bn, near-10% stake in peer Aroundtown and said the two companies will begin talks aimed at merging (...)

Listed

Berlin housing firm ADO posts stable FFO at €33m amid regulatory uncertainty

Berlin housing specialist ADO Properties reported FFO 1 unchanged at €33.4m in a first halfcharacterised by changes in ownership and leadership, plus regulatory uncertainty. FFO 1 from rentals (...)

Listed

Frankfurt's DIC boosts FFO to €43m on GEG acquisition, strong operations

First-half FFO at Frankfurt listed property group DIC Asset jumped to €43m from €32m in 1H18 after acquiring the GEG German Estate Group, plus a robust operating (...)

Listed

TLG reports AUM valuation uplift of €400m, mostly attributable to Berlin

Berlin's listed TLG Immobilien has reported a preliminary rise of about €400m in its valuation to end-June, more than 90% of which attributable to properties in (...)

Listed

Germany's TLG places 8.5m new shares, generates fresh capital of €222m

Berlin-based TLG Immobilien has raised €222m in a cash capital increase in the form of a private accelerated book-building process placing 8.5m new shares at €26.13 (...)

Listed

Berlin's ADO Properties, under Dayan control, names Ran Laufer new CEO

Berlin listed housing firm ADO Properties, newly taken control of by the Israeli Dayan family, has named as chief executive Ran Laufer, also deputy chairman of (...)

Listed

Top management of Berlin's ADO to leave as Dayan family takes control

Berlin's ADO Properties has become the second German property firm after TLG to be taken control of by the Israeli Dayan family. Its top management, including CEO Rabin (...)

Listed

Berlin's TLG appoints former Elad executive Barak Bar-Hen as CEO

Berlin publicly quoted TLG Immobilien has appointed Barak Bar-Hen as new CEO, the former European head of the New York-based Elad Group.  "With Mr. Bar-Hen we strengthen the Board of Directors and (...)

Listed

Germany's TLG, amid portfolio rejig, raises €600m in bond paying 1.50%

TLG, the German listed property owner in the midst of a substantial portfolio rejig, has raised €600m via a seven-year bond paying 1.50% p.a., below its (...)

Listed

Greek billionaire Economou becomes 2nd largest shareholder in Germany’s TLG

Greek shipping billionaire George Economou has become the second largest shareholder in Germany's TLG Immobilien after buying nearly 8% from Swiss M&A boutique Bedrock. According to a (...)

Retail

Ireland's Greenman pays €143m for 33 German supermarket retail assets

In two separate deals with a combined value of €143m, Irish retail fund manager Greenman is acquiring 33 German properties anchored by the supermarket group Edeka. The (...)

Listed

New TLG to focus on office, rejig retail to boost shareholder value - CFO

New management at Berlin's listed TLG will concentrate on office assets and cut or redevelop retail to get more shareholder value from its €4.1bn portfolio, CFO (...)

Listed

German TLG, under new mgt, boosts FFO 31% to €134m, proposes €0.91 div

Berlin TLG, under new management, reported that 2018 FFO rose 31% to €133.99m, and it anticipates €140m-€143m for this year. It is proposing a 2018 dividend (...)

Listed

Berlin's TLG sells €118m retail, adds €81m office in first optimisation

In the first moves by new management to optimise the portfolio, Berlin-based TLG has sold 29 retail properties for €118m and added an office asset in Bonn for (...)

Listed

Frankfurt's DIC Asset boosts 2018 FFO 13% to €68m, to propose 5.3% div

Frankfurt listed group DIC Asset increased funds from operations last year by 13% to €68.0m, and said it will propose a dividend of €0.48 per share, (...)

Listed

TLG shareholder drops EGM request aimed to change supervisory board

The largest shareholder of Berlin's listed TLG, Ouram Holding, has withdrawn a request for an extraordinary shareholder meeting, aimed to make deep changes to the supervisory board. By (...)

Listed

Ouram requests TLG extraordinary meeting to change supervisory board

Ouram Holding, the senior minority shareholder in Berlin’s listed real estate firm TLG, has requested an extraordinary shareholder meeting to make major changes to its supervisory (...)

Listed

Berlin's TLG in €400m asset revaluation after Ouram stake rise

Just over a week after the Ouram group boosted its stake in German listed TLG Immobilien to over 28%, the latter has announced a portfolio revaluation of €400m (...)

Office

German Godewind's €205m Frankfurt, Hamburg office buy takes AUM to €560m

German listed blind pool investment firm Godewind, launched earlier this year, has added two office properties in Frankfurt and Hamburg worth some €205m to take its portfolio (...)

Listed

Germany's DIC sells its 14% in TLG for €376m to Ouram

In a transaction worth €376m, Frankfurt-based DIC Asset has signed a sales agreement to sell its entire 14% stake in Berlin peer TLG to Ouram Holding (...)

Listed

German TLG, under new mgt, raises 9mth FFO 43%, sees €133m for year

German listed firm TLG, in its first data release since replacing top management, reported first nine month FFO up by 43%yy and by 3.2% per share, (...)

Finance

Corestate's new CEO plans expansion beyond Germany, Netherlands

Germany and Netherlands-focused Corestate Capital, a listed real estate manager transitioning from private roots, has big plans to expand, seeking assets and M&A opportunities internationally, says (...)

Listed

Berlin's TLG raises 1H FFO 45% on WCM buy, sees further acquisitions

Berlin's TLG Immobilien, which in July said its two CEOs are to step down, reported a 45%yy rise in 1H FFO to €67.6m after the takeover (...)

Listed

Frankfurt's DIC boosts 1H net 20% to €20m, AUM beats €5bn for first time

Frankfurt listed office group DIC Asset grew first half consolidated net income 20%yy to €20m. Stable operating revenues and a rise in dividend income boosted FFO (...)

Listed

Spain's Neinor reports first profit in 2Q at €2.5m net, says home devs on track

Spanish listed residential developer and owner Neinor Homes reported its first profit in the second quarter, at net €2.5m and EBITDA of €5.3m, and said progress on its (...)

Listed

Germany's listed TLG replaces co-CEO duo with Overath, Klinck

Listed Berlin commercial real estate group TLG has suddenly dismissed its two chief executives Peter Finkbeiner and Niclas Karoff, and will replace them with Jürgen Overath (...)

Finance

Germany's TLG on track to double portfolio in office, retail – co-CEOs

TLG Immobilien, the Berlin-based listed group, is on track to double its portfolio, focusing on office and specialised retail property, say co-CEOs Peter Finkbeiner and Niclas Karoff. With the (...)

Listed

German TLG shareholder Adar exits, Dayan converts to 22.5% direct stake

Major shareholdings in German listed TLG have shifted again. Hedge fund Adar has sold its entire 18.17% stake while another, Ouram controlled by Israeli investor Amir Dayan, now (...)

Listed

Adar has no plans to breach 30% of Spain's Neinor - CIO Marynberg

Adar Capital Partners has no plans to raise its stake in Spanish listed housing developer Neinor Homes above 30%, thus triggering an obligatory takeover offer, its CIO and Founder Zev (...)

Listed

Israeli Adar's stake in Spain's Neinor soars to 27.8%, sparking bid speculation

Israeli-controlled fund manager Adar Capital Partners has now built its stake in Spanish residential developer Neinor Homes to 27.8%, sparking speculation in Spanish media that it (...)

Listed

Germany's TLG boosts FFO 34% in 2017, AUM up 52% as net income triples

Berlin-based TLG Immobilien said funds from operations last year climbed 33.6% to €102.7m based on a 19.8% increase in rental income, while net more than tripled to €284m. (...)

Finance

MIPIM BLOG Day 2: Still plenty of life in Old Europe, Mipim Proptech in view

Live from Mipim (Cannes) - Day Two-Wednesday: It is clear that plenty of opportunities are open to real estate investors in Old Europe, perhaps however no longer only (...)

Listed

Former WCM managers' IPO for new firm Godewind aimed at raising €450m

The former managers of Germany's WCM, Stavros Efremidis and Ralf Struckmeyer, are launching a new firm Godewind Immobilien in an initial public offering of shares to raise (...)

Office

ActivumSG turns cautious on direct property investments in Germany

One of the most successful turnround specialists in German real estate, ActivumSG, has sold its last owned office asset and is moving out of direct investment, saying (...)

Finance

German TLG shareholder Adar takes largest 9.2% stake in Spain's Neinor Homes

Israeli-controlled fund manager Adar Capital Partners, a senior shareholder in Germany's TLG Immobilien, has built a 9.2% equity stake in Spain's Neinor Homes, making it the largest institutional shareholder (...)

Finance

Frankfurt's DIC Asset boosts 2017 FFO 28% to €60m, proposes special dividend

Frankfurt listed commercial property group DIC Asset reported FFO up in 2017 by 28% to €60.2m or €0.88 per share, with net profit at €64.4m, turning round a (...)

Finance

Germany's Corestate appoints Bütter as new CEO to succeed Wilhelm

Listed German real estate investor and manager Corestate Capital has appointed a new chief executive to succeed Sascha Wilhelm. He is Michael Bütter, a senior adviser (...)

Listed

German TLG in spotlight as major shareholders assess new 23% investor

German listed TLG, managing €2.4bn in commercial real estate, is in the spotlight this week after investor Amir Dayan said he potentially controls 23% of the firm. (...)

Finance

IsraelI investor Dayan said taking control minority in German listed TLG

The Israeli real estate investment firm Ouram Holding, controlled by investor Amir Dayan, is reported to have taken a minority controlling stake in German commercial real (...)