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TEG — TAG Immobilien AG News Story

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TAG Immobilien rises after FY funds from operations beat

** Shares in the German real estate company TAG Immobilien TEGG.DE rise 3.3% after full-year results beat expectations

** Fund from operations came in at 181 million euros  ($208.77 million)exceeding guidance and expectations

** A local trader says the beat in funds from operations might be the reason driving up the share price

** "TAG's guidance for FFO I was €174m-176m. Including the results from the disposal of newly built condominiums in Poland, TAG’s adjusted net profit (FFO II) came out at €248.2m, exceeding our estimate of €242.7m and the company’s guidance of €235m-246m," Berenberg says

** Furthermore, the local trader points out that the net asset value per share increased by 10% in 2025

** TAG Immobilien is the top gainer in early Frankfurt trading of the German mid-cap index .MDAXi

($1 = 0.8670 euros)

 (Reporting by Simon Ferdinand Eibach)

 ((Simonferdinand.eibach@thomsonreuters.com))

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