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