TLG Immobilien AG reported Group earnings results for the nine months ended September 30, 2017. For the period, rental income was EUR 117,301,000 against EUR 103,380,000 a year ago. Net operating income from letting activities was EUR 105,764,000 against EUR 92,612,000 a year ago. Net income was EUR 128,497,000 against EUR 53,022,000 a year ago. FFO was EUR 70,076,000 against EUR 58,612,000 a year ago. FFO per share was EUR 0.95 against EUR 0.87 a year ago. EPRA NAV per share as at September 30, 2017 was EUR 20.00 against EUR 18.51 as at December 31, 2016. Net debt as at September 30, 2017 was EUR 920,034,000 against EUR 971,997,000 as at December 31, 2016.

In light of the consolidation of WCM AG in the fourth quarter, the Management Board of the company has revised the FFO forecast for the 2017 financial year upwards to between EUR 95 million and EUR 97 million.