The shareholders' meeting of TAG Immobilien AG had resolved a dividend payment of EUR 0.40 per share on 20 May 2026. The shareholders were given the choice of receiving the dividend in cash or in a cash amount sufficient to pay their tax liability in respect of the dividend payment and in the form of shares of TAG Immobilien AG for the remainder of the dividend. To create the new shares, LEG Immobilien SE increased its share capital by making use of authorized capital. 

Due to shareholders opting for shares rather than a cash dividend, around EUR 16.9m remained with the company.

Hogan Lovells advised COMMERZBANK AG in its role as financial advisor and settlement agent on all issues concerning the structuring and execution of the transaction. The team was led by partner Prof. Dr. Michael Schlitt, co-lead by of counsel Dr. Susanne Ries, and supported by counsel Mark Devlin. 

In-house Commerzbank AG: Ingo Nebel