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FX.co ★ TAG Immobilien H1 FFO II Rises

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typeContent_19130:::2024-08-13T06:36:00

TAG Immobilien H1 FFO II Rises

TAG Immobilien AG reported a first-half FFO I of €88.1 million, showing a slight decrease from €89.1 million in the previous year. FFO I per share stood at €0.50, down from €0.51, while FFO II per share rose to €0.69, compared to €0.64 earlier.

The company recorded a consolidated net loss of €7.1 million, a significant improvement from the previous year's loss of €304.7 million. Correspondingly, the loss per share was €0.04, an improvement over the prior year's loss of €1.77.

Rental income saw an increase, rising to €178.2 million from €174.1 million.

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