TAG Immobilien AG (1TEG)

Profile

https://www.tag-ag.com

TAG Immobilien AG is an MDAX-listed real estate company headquartered in Hamburg, Germany, specializing in the residential property sector across Northern and Eastern Germany, North Rhine-Westphalia, and Poland. The company develops, manages, and sells residential real estate, focusing on affordable housing through active asset management that drives rental growth, vacancy reduction, and value enhancement via targeted capex investments yielding 7-12% equity returns on modernizations. In Germany, TAG operates as a leading affordable housing provider with a fully integrated platform emphasizing local market knowledge, selective acquisitions of high-yield properties in A/B locations, and disciplined disposals around book value. Its Polish operations, incorporating platforms like ROBYG and Vantage, center on build-to-hold and build-to-sell projects in A cities, producing high-quality apartments with strong EBITDA margins over 75% and self-funding capabilities through robust sales volumes. TAG maintains a conservative financing structure with an average debt maturity of 5 years, prioritizes sustainability in ESG ratings, and supports neighborhood management alongside customer-focused services. This dual-country strategy positions TAG as a key player in value-oriented residential real estate operations.