TAG Immobilien AG: Record figures in the first half of 2025!

TAG Immobilien AG: Record figures in the first half of 2025!

TAG Immobilien AG is presenting its half-year results for 2025 today, showing encouraging developments in various areas. FFO I, which reflects the rental result, rises to EUR 91.6 million, increasing by 4% compared to the first half of 2024. The operating rental result, measured by EBITDA, also grows to EUR 126.4 million, an increase of 5% compared to the previous year.

Positive news comes from Poland, where the number of units sold increases to 1,158, compared to 1,056 units in H1 2024. Adjusted net profit from sales in this market falls to EUR 16.6 million, after EUR 34.1 million in the previous year. This data shows the challenges in the Polish real estate market, but the result remains stable.

Positive valuation results and financial indicators

In the German portfolio, TAG Immobilien AG recorded a positive valuation result with an increase in value of around 1.4%. The EPRA NTA per share increases to EUR 20.18, an increase of 5% since December 31, 2024 and 10% since June 30, 2024. The loan-to-value (LTV) improves to 45.3%, signaling positive financial development.

In addition, the rating agency Moody’s raised the outlook for the investment grade rating from “stable” to “positive”. This shows the confidence in the future development of TAG Immobilien AG. The vacancy rate remains at 3.9% in Germany and 3.8% in Poland, which also represents a positive sign for the stability of the portfolio.

Growth prospects and personnel development

FFO II, which includes FFO I and the net profits from sales, amounts to EUR 107.3 million and is therefore below the value of EUR 121.4 million in the previous year. Nevertheless, the total assets as of June 30, 2025 have increased and amount to EUR 8,256.0 million, while equity stands at EUR 3,194.2 million. The market capitalization as of the same date was EUR 2,664 million.

TAG Immobilien AG is also recording growth in the number of employees; this rises to 1,905, compared to 1,856 on December 31, 2024. The company expects sales and net profits to increase in the second half of 2025, providing additional optimism for the current year.

Overall, TAG Immobilien AG's half-year results show a mix of stable sales results and positive financial indicators ariva.de and markets.ft.com report. The coming months can be valuable for the company's further development.