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News 2026-07-03 05:33 UTC

S&P Upgrades TAG Immobilien After IPO of Polish Unit

() -- S&P Global Ratings upgraded its long-term rating on TAG Immobilien (TEG.F) to BBB from BBB- following the listing of the company's Polish real estate development subsidiary, Robyg. In a Thursday note, the rating agency said the 295 million-euro initial public offering reduced the German real estate company's expo