Key figures

From Erfurt to Rostock, from Duesseldorf to Dresden. The TAG office network provides for comprehensive, decentralised management of TAG residential real estate.

Portfolio data 12/31/2021 12/31/2020
Units 87,576 88,313
Units Poland (contractually secured pipeline) 12,557 8,742
GAV (real estate volume) in EURm 6,387.4 5,834.3
Annualised net actual rent in EURm p. a. (total) 335.8 334.2
Net actual rent in EUR per sqm (total) 5.64 5.57
Net actual rent in EUR per sqm (residential units)* 5.55 5.48
Vacancy in % (total) 5.7 5.6
Vacancy in % (residential untis)* 5.4 4.5
l-f-l rental growth in % 1.5 1.4
l-f-l rental growth in % (incl. vacancy reduction) 1.3 1.5

* excluding acquisitions

 

  Total residential units Acquisitions Commercial units (within residential portfolio) Total residential portfolio Others* Grand total
Units 86,163 162 1,105 87,430 146 87,576
Floor area sqm 5,092,064 9,689 142,787 5,244,540 19,343 5,263,883
IFRS book value in EUR Mio. 6,285.9 4.9 - 6,290.8 96.6 6,387.4
Gross yield in % 5.1 7.8 - 5.3 4.6 5.3
Vacancy 12/31/2021 in % 5.4 22.6 14.5 5.7 3.7 5.7
Vacancy** 12/31/2020 in % 4.5 21.6 16.1 5.6 6.3 5.6
Net actual rent EUR/sqm 5.55 4.19 8.18 5.61 12.95 5.64
Reletting rent EUR/sqm 5.82 - - - - -
L-f-l rental growth EUR/sqm (y-o-y) % 1.5 - - - - -
L-f-l rental growth*** Total (y-o-y incl. vacancy reduction) % 1.3 - - - - -
Maintenance EUR/sqm 7.57 - - - - -
Capex EUR/sqm 13.35 - - - - -

as of 12/31/2021

* Incl. commercial properties and serviced apartments. Incl. EUR 33.6m book value of project developments. Gross yield excl. project developments.

** Excl. acquisitions 2020

*** Incl. effects from changes in vacancy reduction