PIE Events
- German Property Breakfast
14 February 2012
Stockholm
- Distressed Property Breakfast
22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
Hamburg's TAG makes 2nd strategic investment in 2010
Hamburg-based listed TAG Immobilien has taken a stake of around 15% in the smaller listed German firm Estavis at E2.35 per share via a targeted capital increase in exchange for a contribution in kind in form of a Berlin asset. It is the second strategic move TAG has made in 2010 and comes eight months after the appointment of Rolf Elgeti as CEO. (See upcoming PIE editions for full story)