TAG Immobilien shares fall after capital increase

TAG Immobilien AG

20/08/2025 09:34

** Shares of German real estate company TAG Immobilien TEGG.DE fall around 2% after it said it will launch a capital increase and convertible bonds

** "Surprisingly small discount of the 7.1% (or ~10% incl. convertible) capital hike," a local trader said

** TAG Immobilien said it intends to use net proceeds from the capital increase and issue of new bonds for partial re-financing and for general corporate purposes

** Up to the previous session's close, shares were up 7.2%​ YTD

 (Reporting by Marleen Kaesebier)

 ((marleen.kaesebier@thomsonreuters.com))