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LEG Immobilien SE (LEG.DE)

XETRA - XETRA Delayed Price. Currency in EUR
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79.40+0.28 (+0.35%)
As of 04:23PM CEST. Market open.
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Previous Close79.12
Open79.10
Bid79.38 x 7700
Ask79.46 x 26800
Day's Range77.52 - 80.50
52 Week Range76.16 - 139.80
Volume108,843
Avg. Volume154,301
Market Cap5.884B
Beta (5Y Monthly)0.41
PE Ratio (TTM)3.74
EPS (TTM)21.24
Earnings DateAug 10, 2022
Forward Dividend & Yield4.07 (4.98%)
Ex-Dividend DateMay 20, 2022
1y Target Est131.53
  • Reuters

    German landlord Adler expects rival LEG to buy remaining BCP stake

    German landlord Adler said on Tuesday it expects rival LEG Immobilien to exercise the option to buy Adler's remaining 63% stake in property investor BCP, which owns about 12,000 apartments in Germany, before deadline in September. In a bid to reduce debt, Adler had already sold roughly 30,000 apartments - nearly half of its portfolio - and other assets between late 2021 and early 2022. This included the sale of a 6.8% stake in BCP to LEG with an option to buy the rest.

  • Reuters

    Adler Group sells 20% of property portfolio to LEG Immobilien

    BERLIN (Reuters) -German real estate investor Adler Group said on Monday it had agreed to sell residential and commercial property worth 1.49 billion euros ($1.73 billion) to rival LEG Immobilien in a bid to reduce its debt. Adler expects net proceeds from the transaction, which should take place by end-2021, to be around 800 million euros. The sales price for the 15,350 apartments and 185 commercial units will be slightly below the property valuation as Adler will keep a 10.1% stake for tax reasons, it added.

  • Reuters

    Germany's LEG Immobilien considers foreign expansion, merger cast-offs

    German property group LEG Immobilien is looking at expanding abroad and would also consider buying flats from Vonovia or Deutsche Wohnen should their merger go through, its CEO told Reuters on Tuesday. Germany's two biggest listed landlords Vonovia and Deutsche Wohnen have revived merger plans that are controversial in Germany because of tensions over soaring rents ahead of general elections in September. "If there are opportunities abroad we would look at that," CEO Lars von Lackum said in an interview, adding that neighbouring countries such as the Netherlands or Denmark were of interest.