Commercial Siemens portfolio

Date of acquisition: June 2007
Transaction volume: € 180 m
Number of properties: 6
Net initial yield: 6.67 %


Siemensdamm 50/Wernerwerkdamm 16
Office complex/13629 Berlin

Floor area (sqm): 54,001
Net rent EUR 000s: 3,000
Net rent EUR/sqm: 4.51
Rental term: 8 years

Franz-Greuer Strasse 10
Office c
omplex/Cologne

Floor area (sqm): 22,313
Net rent EUR 000s: 2,400
Net rent EUR/sqm: 7.50
Rental term: 10 years

Dynamostrasse 4
Office complex/68165 Mannheim

Floor area (sqm): 21,514
Net rent EUR 000s: 2,196
Net rent EUR/sqm: 6.55
Rental term: 10 years

St.-Martin-Straße 53/Kustermannpark
Office complex/81669 Munich

Floor area (sqm): 17,142
Net rent EUR 000s: 1,900
Net rent EUR/sqm: 7.95
Rental term: 5 years

Hofmannstraße 51
Office comlpex/81379 Munich

Floor area (sqm): 21,827
Net rent EUR 000s: 1,800
Net rent EUR/sqm: 6.40
Rental term: 5 years

CONTACT

TAG Immobilien AG
Steckelhörn 5
20457 Hamburg

Tel. +49 (0)40 380 32-300
Fax +49 (0)40 380 32-390
info(at)tag-ag.com