Press archive
TAG Tegernsee still on course for continued growth
Acquisitions in Munich and Leipzig for EUR 34 million
Total investment volume of EUR 200 million since summer 2006
(Hamburg, December 22, 2006). TAG Tegernsee Immobilien- und Beteiligungs- AG is resolutely continuing its growth course. Including the recent acquisitions of EUR 34 million, the Company has acquired real estate worth a total of over EUR 200 million since August 2006.
In Munich, TAG has acquired a three-storey office complex with a total lettable area of 21,500 square metres for a price of EUR 27 million.
In Leipzig it has bought a residential portfolio comprising 100 units and a total floor area of 8,500 square metres for a total price of EUR 6.5 million. Originally built in the latter part of the 19th century, the ten residential buildings have been fully refurbished and are located in good central parts of Leizpig.
Press inquires:
TAG Tegernsee Immobilien- und
Beteiligungs-Aktiengesellschaft
Public Relations
Kirsten Schleicher
Tel +49 (0)40 380 32 140
Fax +49 (0)40 380 32 388
info(at)tag-ag.com