TAG Immobilien AG Expands Polish Rental Portfolio

TAG Immobilien AG, via its subsidiary Vantage Development S.A., has signed an agreement to acquire 5,322 rental units in Poland from R4R Poland sp. z o.o. for PLN 2,405 million (approximately EUR 565 million). This acquisition spans six of Poland's major cities, enhancing TAG's presence in Wroclaw, Poznan, and Lodz, while marking its entry into Warsaw, Krakow, and Gdansk. Expected to close by late 2025, pending regulatory approval, this deal brings TAG's Polish portfolio to roughly 8,700 units, nearing its strategic goal of 10,000 units by 2028.

The acquisition is projected to contribute significantly to TAG's financial performance, with expected net actual rent of PLN 175-180 million (EUR 41-43 million) in 2026. Following this growth, TAG plans to increase its dividend payout ratio from 40% to at least 50% of FFO I for the 2026 financial year. TAG's underlying financial strength allows it to capitalize on market opportunities for sustainable growth.