History of TLG IMMOBILIEN
From trust privatization to active portfoliomanegment
| Year | Objects (number) |
Invest- ment (Mio. €) |
Revenues (Mio. €) |
From sales |
From mana- gement |
Net profit (Mio. €) |
Real estate assets (Mio. €) |
Employees (number) |
|---|---|---|---|---|---|---|---|---|
| 2000 | 27.256 | 273 | 408,3 | 199,3 | 185,8 | -84,7 | 1.396 | 1.181 |
| 2001 | 18.095 | 123 | 367,9 | 177,9 | 162,0 | -20,9 | 1.249 | 1.076 |
| 2002 | 10.435 | 104 | 282,5 | 125,3 | 146,3 | 42,6 | 1.161 | 916 |
| 2003 | 6.026 | 147 | 245,7 | 106,2 | 132,0 | 31,4 | 1.189 | 776 |
| 2004 | 3.621 | 215 | 225,5 | 84,4 | 128,9 | 28,1 | 1.132 | 649 |
| 2005 | 2.633 | 125 | 194,9 | 63,0 | 126,2 | 20,8 | 1.156 | 519 |
| 2006 | 2.132 | 200 | 188,0 | 50,2 | 131,6 | 25,5 | 1.177 | 407 |
| 2007 | 1.494 | 279 | 192,7 | 47,4 | 142,2 | 52,4 | 1.416 | 354 | 2008 | 1.359 | 229 | 218,2 | 59,4 | 156,2 | 46,5 | 1.548 | 343 | 2009 | 1.241 | 152 | 203,0 | 30,3 | 171,6 | 26,1 | 1.610 | 308 | 2010 | 1.202 | 187 | 234,5 | 51,8 | 179,9 | 19,7 | 1.683 | 301 | 2011 | 1.054 | 115 | 236,8 | 50,2 | 184,2 | 18,4 | 1.716 | 296 |
2012
TLG IMMOBILIEN split off the lion's share of its housing stock and transferred it to the newly founded TLG WOHNEN. The privatization of both companies was started in spring. By the end of the year Lone Star acquired TLG IMMOBILIEN; TLG WOHNEN was sold to TAG IMMOBILIEN AG.
2011
With a ‘20 years ahead’ motto on our mind, TLG IMMOBILIEN was celebrating its twentieth anniversary. Given the positive economic and real estate environment, the shareholder decided to privatise the company in 2012.
2010
For the ninth time in succession, TLG IMMOBILIEN reported a profit in the two-digit million range and doubled the dividends paid to the shareholder. The company completed its largest investment project ‘Die Welle. Mitte’, a hotel and office building on Alexanderplatz in Berlin.
2008
The conversion of TLG IMMOBILIEN is complete. The company is successfully positioned as no. 1 for real estate in Eastern Germany with the office, retail, commercial and residential segments.
2002
Under its new name of TLG IMMOBILIEN, the company reaches profitability and since then has shown profits.
2000
With its strategic reorientation, TLG IMMOBILIEN begins the conversion from a sales-oriented trust privatizing company to an active portfolio manager with the core competencies rental, development, acquisition and sales.
1995
The Federal Republic of Germany assumes the company‘s shares. TLG IMMOBILIEN buys – financed by loans – the non-operating properties of the former Treuhandanstalt.
1991
Founding of the company as a subsidiary of the German state privatization agency (Treuhandanstalt).
