TAG Immobilien Weighs Robyg IPO in Warsaw as Soon as Coming Weeks
Updated
Updated · Bloomberg · Jun 5
TAG Immobilien Weighs Robyg IPO in Warsaw as Soon as Coming Weeks
1 articles · Updated · Bloomberg · Jun 5
Summary
TAG Immobilien is considering launching the formal process for a potential IPO of its Polish unit Robyg SA in Warsaw within the coming weeks, according to people familiar with the matter.
Robyg would give the German real estate group a route to tap Poland's equity market through a listing of an existing local business rather than a new operating buildout.
Goldman Sachs, Erste Group and mBank are advising on the possible transaction, signaling preparations have moved beyond an early internal review.
The deliberations are still confidential and no final decision on proceeding with the Warsaw listing has been announced.