Business Immo, the real estate website

Niclas Karoff

Listed 02/09/2019

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 (...)

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 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 09/11/2018

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% (...)

Listed 28/08/2018

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 (...)

Listed 30/07/2018

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 (...)

Listed 18/07/2018

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 (...)

Finance 04/05/2018

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. (...)

Listed 23/04/2018

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 (...)

Listed 23/03/2018

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 (...)