17.11.2016
TLG IMMOBILIEN AG DE000A12B8Z4
DGAP-News: TLG IMMOBILIEN AG publishes its first sustainability report
DGAP-News: TLG IMMOBILIEN AG / Key word(s): Sustainability/Real Estate
TLG IMMOBILIEN AG publishes its first sustainability report
17.11.2016 / 07:00
The issuer is solely responsible for the content of this announcement.
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Press release
TLG IMMOBILIEN AG publishes its first sustainability report
Berlin, 17 November 2016 - TLG IMMOBILIEN AG published its first
sustainability report entitled 'The First Step' today. This report concerns
the 2015 financial year and is based on the globally recognised guidelines
of the Global Reporting Initiative (GRI G4) and the EPRA Best Practice
Recommendations on Sustainability Reporting, the European standard by which
the real estate sector assesses itself.
In the report the company focuses on the non-financial aspects of economy,
ecology and social responsibility as a way of supplementing its regular
financial reports. 'Our first report represents a review where we compiled
lots of information in order to provide our various stakeholders with an
even more transparent insight into TLG IMMOBILIEN AG and strengthen the
long-term trust of our partners', says Niclas Karoff, member of the
Management Board of TLG IMMOBILIEN AG, adding: 'It is of utmost importance
to take sustainability aspects into consideration in our value chain and
factor them into all of our corporate decisions.'
Therefore, the sustainability report will be published each year on a
voluntary basis as, due to its employee headcount, the company is not
affected by the EU guidelines on methodology for reporting non-financial
information that are due to come into force in 2017. More data relevant to
the company will be added to the pool created by this report over the next
few years. In doing so we plan to gradually implement an efficient,
effective sustainability management system within our company.
The sustainability report 2015 is available to download here:
www.tlg.eu > Company > Sustainability
Contact
Christoph Wilhelm Corporate Communications Phone: +49 30 2470 6355 E-Mail: [email protected]About TLG IMMOBILIEN AG TLG IMMOBILIEN AG is a listed leading commercial real estate company in Germany that has been synonymous with real estate expertise for 25 years. TLG IMMOBILIEN AG generates stable rental income and exhibits low vacancy rates, very good building stock and profits from its local employees' excellent market knowledge. As an active portfolio manager, TLG IMMOBILIEN AG is specialised in commercial properties for office and retail use: it focuses on managing a high-quality portfolio mostly comprising office properties in Berlin, Dresden, Leipzig and Rostock, as well as in Frankfurt from 2017. The company also has a regionally diversified portfolio of retail properties in highly frequented micro-locations. The portfolio also includes seven hotels in Berlin, Dresden, Leipzig and Rostock. TLG IMMOBILIEN AG's properties stand out not only due to their excellent locations but also because of their long-term rental or lease agreements. As at 30 September 2016, the value of the properties under IFRS totalled EUR 1,987 bn. As at the same reporting date, the EPRA Net Asset Value per share amounted to EUR 17.67. --------------------------------------------------------------------------- 17.11.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: TLG IMMOBILIEN AG Hausvogteiplatz 12 10117 Berlin Germany Phone: 030 - 2470 - 50 Fax: 030 - 2470 - 7337 E-mail: [email protected] Internet: www.tlg.de ISIN: DE000A12B8Z4 WKN: A12B8Z Indices: SDAX Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange End of News DGAP News Service --------------------------------------------------------------------------- 521549 17.11.2016
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