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MarketScreener Homepage  >  Equities  >  Xetra  >  TLG Immobilien AG    TLG   DE000A12B8Z4

TLG IMMOBILIEN AG

(TLG)
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PRESS RELEASE : TLG IMMOBILIEN AG CONTINUES FURTHER SUCCESSFUL DISPOSAL ACTIVITY AFTER DISPOSALS IN 2020 ABOVE BOOK VALUE

02/11/2021 | 12:32pm EST
DGAP-News: TLG IMMOBILIEN AG / Key word(s): Disposal/Real Estate 
TLG IMMOBILIEN AG CONTINUES FURTHER SUCCESSFUL DISPOSAL ACTIVITY AFTER DISPOSALS IN 2020 ABOVE BOOK VALUE 
2021-02-11 / 18:29 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
NOT FOR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND 
POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA 
ISLANDS), ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA (THE "UNITED STATES") OR IN OR INTO OR TO ANY 
PERSON RESIDENT OR LOCATED IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO PUBLISH OR DISTRIBUTE THIS DOCUMENT. 
TLG IMMOBILIEN AG CONTINUES FURTHER SUCCESSFUL DISPOSAL ACTIVITY AFTER DISPOSALS IN 2020 ABOVE BOOK VALUE 
Berlin, 11 February 2021 - TLG IMMOBILIEN AG (the "Company" or "TLG") successfully continues its disposal activity in 
2021 and is in advanced disposal negotiations of approx. EUR 250 million year-to-date ("2021 Disposals") after signing 
disposals of approx. EUR 1 billion in 2020. 
The 2021 Disposals are being executed through various transactions and comprise office and retail properties in 
Leipzig, Dresden and Berlin. 
The disposals are in line with TLG's strategy to focus on core assets of mainly offices in top German cities. The 
proceeds from disposals strengthen the Company's liquidity position and can be utilized to fund the share buyback, debt 
repayments and for other corporate activities. 
Further, Mr Ronny Schneider has stepped down from his position as a member of the management board of TLG due to 
personal reasons in order to pursue further challenges. The company thanks Mr Schneider for his support in this 
transition period. 
Contact 
TLG IMMOBILIEN AG 
Armin Heidenreich 
General Counsel 
Hausvogteiplatz 12 
10117 Berlin 
Phone: +49 30 2470 6343 
E-mail: armin.heidenreich@tlg.de 
About the Company 
For over 25 years, the listed company TLG IMMOBILIEN AG has owned and rented out commercial properties in selected 
promising locations in Germany. The company continuously develops its portfolio and actively generates value through 
strategic investments and selected property acquisitions. The portfolio comprises mainly office properties in cities 
including Berlin, Dresden, Frankfurt/Main, Leipzig and Rostock. The properties of TLG IMMOBILIEN AG stand out not only 
due to their excellent locations but also because of their long-term rental or lease agreements. Its highly qualified 
employees guarantee extensive local market expertise at its individual locations. In 2020, TLG merged with Aroundtown 
SA (AT1) which is the controlling shareholder of TLG. 
 
=---------------------------------------------------------------------------------------------------------------------- 
2021-02-11 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      TLG IMMOBILIEN AG 
              Hausvogteiplatz 12 
              10117 Berlin 
              Germany 
Phone:        030 - 2470 - 50 
Fax:          030 - 2470 - 7337 
E-mail:       ir@tlg.de 
Internet:     www.tlg.de 
ISIN:         DE000A12B8Z4 
WKN:          A12B8Z 
Listed:       Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Hanover, Stuttgart, Tradegate Exchange 
EQS News ID:  1167855 
 
End of News   DGAP News Service 
=------------ 

1167855 2021-02-11

(END) Dow Jones Newswires

February 11, 2021 12:31 ET (17:31 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
AROUNDTOWN SA 0.03% 6.236 Delayed Quote.1.80%
TLG IMMOBILIEN AG 0.23% 25.8 Delayed Quote.12.47%
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More news
Financials
Sales 2020 - - -
Net income 2020 - - -
Net Debt 2020 1 467 M 1 763 M 1 763 M
P/E ratio 2020 12,7x
Yield 2020 3,55%
Capitalization 2 895 M 3 490 M 3 479 M
EV / Sales 2020 -
EV / Sales 2021 -
Nbr of Employees 153
Free-Float 9,56%
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Technical analysis trends TLG IMMOBILIEN AG
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 26,60 €
Last Close Price 25,80 €
Spread / Highest target 16,3%
Spread / Average Target 3,10%
Spread / Lowest Target -12,0%
EPS Revisions
Managers and Directors
NameTitle
Roy Vishnovizki Chief Executive Officer
Gerald Klinck Chief Financial Officer
Frank Roseen Chairman-Supervisory Board
Ronny Schneider Chief Operating Officer
Helmut Ullrich Member-Supervisory Board
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