TAG serves as a holding for a diversified real-estate group whose activities span both the residential and commercial real-estate sectors and the service sector. The company’s focus lies on the German real-estate market, especially on metropolitan regions such as Hamburg, Berlin, Munich, Leipzig and North Rhine-Westphalia. TAG is a proprietor and realises appreciation potential within its portfolio through active asset management and strategic acquisitions of attractive properties. At end of June 2011, the total real estate volume came to EUR 1,811 million. The TAG Group maintains offices in Hamburg, Berlin, Leipzig, Dusseldorf and Munich and has a total of 258 employees (on 30 June 2011). TAG Immobilien AG is a public company, listed on the SDAX since December 2006.