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Mar 2016
tag
Joint Bookrunner
€ 58.2 million
Placement of Treasury Shares

TAG Immobilien

TAG Immobilien is a German residential real estate company with a €3.5bn portfolio, mainly located in Northern and Eastern Germany

  • TAG Immobilien raised €58.3m through the placement of 5,000,000 treasury shares
  • Shares were placed at a tight discount of 3.6% to the last closing price
  • Proceeds will be used for general and corporate purposes as well as potential property acquisitions
  • Kempen & Co acted as Joint Bookrunner in the transaction