TLG Immobilien AG announced earnings results for the six months ended June 30, 2016. For the six months, the company announced rental income of EUR 67,585,000 compared to EUR 61,060,000 for the same period a year ago. Net operating income from letting activities (NOI) was EUR 61,240,000 compared to EUR 54,929,000 for the same period a year ago. Net income was EUR 33,510,000 compared to EUR 74,886,000 for the same period a year ago. FFO was EUR 38,306,000 compared to EUR 31,002,000 for the same period a year ago. FFO per share was EUR 0.57 compared to EUR 0.51 for the same period a year ago. Net debt at the end of the period was EUR 803,884,000. EPRA net asset value was at EUR 17.33 per share.

The company revised FFO guidance for the full year of fiscal 2016. The management board of the company has revised the FFO forecast for 2016 as a whole upwards to between EUR 74 million and EUR 76 million.