TLG Immobilien AG reported earnings results for the full year ended December 31, 2016. For the year, the company reported rental income of the company reported rental income of EUR 140,464,000 compared to EUR 127,392,000 a year ago. Net operating income from letting activities (NOI) was EUR 125,588,000 compared to EUR 114,096,000 a year ago. Net income was EUR 94,109,000 compared to EUR 130,862,000 a year ago. FFO was EUR 76,877,000 compared to EUR 63,987,000 a year ago. FFO per share was EUR 1.14 compared to EUR 1.03 a year ago. Net debt as at September 30, 2016 was EUR 971,997,000.

The Management Board also expects that the FFO of the company will increase to between EUR 84 million and EUR 86 millioin in the 2017 financial year if no further acquisitions are made.