TX Group reviews real estate strategy, considers partnerships

In December 2022, TX Group announced plans to reassess and further develop its real estate strategy in the coming years. This initiative is now moving towards a new phase: the company plans to consolidate its real estate portfolio into a separate company and is examining forms of cooperation with companies specializing in real estate. To this end, TX Group is entering into discussions with selected potential partners.

TX Group's real estate portfolio includes three newspaper printing centers, a sector facing a decline in printing volumes. It is necessary to continually review the capacity of the centers. The reflection also concerns the real estate future of these centers in the event of a change of use. With three printing centers still in operation, the company will be able to gradually adapt to lower volumes. Reevaluation of real estate strategy and the future of print centers is an ongoing process. TX Group will communicate on possible implementations.