Construction, sale & rental business of new-build apartments

c. 3,526

Completed rental units

In the A cities: Wrocław, Poznań, Łódź, Gdańsk

c. 5,300

Rental units acquired (BTH)

Additional locations in Warsaw and Kraków

3.4%

l-f-l rental growth (BTH)

Continued high demand for rental apartments

2,823

Units sold in FY 2025 (BTS)

Sales prices remain at a high level

c. 18,800

possible units (BTS)

Cash flow-strong, largely self-financed business model

TAG has been expanding in the Polish market since 2020. Its market entry began with the acquisition of Vantage Development S.A., a project developer in Wrocław, followed by the acquisition of ROBYG S.A., a company that develops residential units for its own portfolio and for sale in various Polish A-cities. The acquisition of ROBYG enabled TAG to expand its platform for developing residential units for its own portfolio, particularly in the regions of Wrocław, Poznań, Łódź and Tricity/Gdansk, while also entering the Warsaw market. This expansion also complements our business model by adding the development and sale of residential units, creating new growth opportunities. The objective is to continue expanding the portfolio of rental apartments, with a focus on new-build units in cities with positive population growth and good infrastructure.