TAG Immobilien AG. (DB:TEG) acquired 550 Units in Saxony for €12.9 million in mid November 2014. In a related transaction, TAG Immobilien AG. acquired 2,300 residential units in northern and eastern Germany for €100 million approximately on November 26, 2014 and TAG Immobilien AG. acquired 300 residential units in Schwerin for €8.6 million earlier this week. The units in had an annual rent of €1.42 million. The portfolio was transferred I on January 31, 2015.

TAG Immobilien AG. (DB:TEG) completed the acquisition of 550 Units in Saxony on January 31, 2015.