TAG Immobilien AG is longstanding major shareholder and currently owns 93.21 percent of the voting rights in Bau-Verein. Details of the offer will automatically be sent to all Bau-Verein shareholders soon by the custodian banks. The offer, which will be published in the electronic edition of the Bundesanzeiger on 10 February, is not subject to the provisions of the WpÜG (German Securities Acquisition and Takeover Act).

You may also view the takeover offer on the TAG website at www.tag-ag.com and that of Bau-Verein at www.bau-verein.de.

About TAG Immobilien AG:

TAG Immobilien AG (TAG) is a publicly listed real-estate company with a 125-year history. The SDAX-listed company currently has a market cap of approx. EUR 450 million. Its primary businesses are residential and commercial properties in German metropolises, as well as property-related services. Through active asset management and targeted inventory development, TAG gradually leverages existing potential, which optimises the rental profits and increases the value of the portfolio. Above and beyond this, TAG's business strategy focuses on continued growth. Here, the company focuses on sites where it already has investments, such as Berlin, Hamburg, Leipzig, NRW and Salzgitter, so that asset and property management for the newly acquired properties can be handled with existing resources.

 

Press enquiries:

TAG Immobilien AG

Investor & Public Relations

Britta Lackenbauer / Dominique Mann

Phone +49 40 380 32 0

Fax +49 40 380 32 390

pr(at)tag-ag.com