TAG Immobilien Group secures land for PLN 1.1 Billion in 2024, land bank totals 28,000 units

TAG Immobilien Group announced the acquisition of land in Poland worth approximately PLN 1.1 billion in 2024. The Group’s current land bank now supports the potential construction of 28,000 residential units, ensuring robust development prospects for the coming years.

“The TAG Group, along with Robyg and Vantage, has significantly strengthened its investment potential in Poland by expanding its land portfolio to a total value of PLN 1.1 billion. This positions us strongly to enter new markets and consolidate our presence in existing ones,” said Eyal Keltsh, CEO of Robyg and Vantage.

“Our current land bank allows for the construction of approximately 28,000 units, securing business for the foreseeable future. However, we are not stopping here. We are planning further investments and new projects, both for sale and rent, as we continue to develop our Private Rented Sector (PRS) portfolio, which Vantage oversees within the TAG Group,” Keltsh added.

Robyg specializes in building and selling apartments, while also acting as the general contractor for Robyg and Vantage Development projects. Vantage Development, operating under the Vantage Rent brand, focuses exclusively on the PRS segment, offering apartments for rent.

Both companies are independently financed, allowing them to focus on their specific business models while contributing to the TAG Group’s broader strategy of diversifying its portfolio and expanding its footprint in Poland.

TAG Immobilien Group’s significant investment underscores its commitment to the Polish real estate market, with plans to further strengthen its position through new projects aimed at both the sales and rental markets.

Source: TAG Immobilien Group and ISBnews