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Bedrock

Listed 29/05/2019

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 (...)

Listed 21/05/2019

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., (...)

Listed 06/05/2019

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 (...)

Listed 21/03/2019

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 (...)

Listed 31/01/2019

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The largest shareholder of Berlin's listed TLG, Ouram Holding, has withdrawn a request for an extraordinary shareholder meeting, aimed to make deep changes to the (...)

Listed 22/01/2019

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 (...)

Listed 14/12/2018

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 (...)

Listed 06/12/2018

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 (...)