TAG Immobilien AG is a leading real estate operating company in Germany, specializing in the residential property sector. The company's business model centers on acquiring, developing, and managing affordable housing, with a strong geographic footprint in northern and eastern Germany (including cities like Berlin, Hamburg, Leipzig, and Dresden). In addition to its core German market, TAG has strategically expanded into Poland, where it operates both a build-to-hold rental business and a build-to-sell development business. Revenue is primarily generated from rental income, property management services, and the sale of residential units. The company's competitive position is supported by its focus on affordable housing in secondary cities, which provides stable cash flows and high occupancy rates, alongside its growing presence in the Polish institutional rental market.