LEG Immobilien AG

Leg Immobilien is a real estate company engaged in the management of its residential property portfolio as well as the acquisition of housing portfolios. As of Dec 31 2013, Co.'s portfolio comprised 94,311 residential units, 1,031 commercial units and 22,903 garages and parking spaces. These assets are distributed across around 160 locations, most of which are in North Rhine-Westphalia, Germany.
  • TickerLEG111
  • ISINDE000LEG1110
  • SectorReal Estate Investment & Services
  • CountryGermany

Analysts

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Moody's assigns a Baa1 rating to LEG's proposed EUR500 million senior unsecured notes

London, 16 January 2017-- Moody's Investors Service has today assigned a Baa1 rating to the proposed EUR500 million senior unsecured notes issuance by LEG Immobilien AG, a German residential real estate company. LEG's Baa1 long-term issuer rating and stable outlook are unchanged. "The proposed EUR500 million notes issuance is credit positive as the proceeds will mainly refinance secured debt leading to a doubling of the unencumbered assets ratio to 20%," says Ramzi Kattan, a...

Moody's assigns a short-term P-2 rating to LEG Immobilien AG

Rating Action: Moody's assigns a short-term P-2 rating to LEG Immobilien AG. Global Credit Research- 22 May 2017. London, 22 May 2017-- Moody's Investors Service has today assigned a first-time Prime-2 short-term issuer rating to LEG Immobilien AG, a German residential real estate company.

LEG Immobilien AG: Update to Discussion of Key Credit Factors

CORPORATES CREDIT OPINION 31 May 2017 Update RATINGS LEG Immobilien AG Domicile Dusseldorf, Germany Long Term Rating Baa1 Type LT Issuer Rating - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Ramzi Kattan 44-20-7772-1090 VP-Senior Analyst [email protected]

LEG IMMOBILIEN AG - High quality assets in an attractive region

Moody's assigns a Baa1 rating to LEG's proposed EUR500 million senior unsecured notes

London, 16 January 2017-- Moody's Investors Service has today assigned a Baa1 rating to the proposed EUR500 million senior unsecured notes issuance by LEG Immobilien AG, a German residential real estate company. LEG's Baa1 long-term issuer rating and stable outlook are unchanged. "The proposed EUR500 million notes issuance is credit positive as the proceeds will mainly refinance secured debt leading to a doubling of the unencumbered assets ratio to 20%," says Ramzi Kattan, a...

Moody's assigns a short-term P-2 rating to LEG Immobilien AG

Rating Action: Moody's assigns a short-term P-2 rating to LEG Immobilien AG. Global Credit Research- 22 May 2017. London, 22 May 2017-- Moody's Investors Service has today assigned a first-time Prime-2 short-term issuer rating to LEG Immobilien AG, a German residential real estate company.

LEG Immobilien AG: Update to Discussion of Key Credit Factors

CORPORATES CREDIT OPINION 31 May 2017 Update RATINGS LEG Immobilien AG Domicile Dusseldorf, Germany Long Term Rating Baa1 Type LT Issuer Rating - Dom Curr Outlook Stable Please see the ratings section at the end of this report for more information. The ratings and outlook shown reflect information as of the publication date. Contacts Ramzi Kattan 44-20-7772-1090 VP-Senior Analyst [email protected]

LEG IMMOBILIEN AG - High quality assets in an attractive region

LEG IMMOBILIEN AG - Further portfolio expansion and Q2 2018 FFO I better than expected

ING
Jaap Kuin ...
  • Jason Ball, CFA

German Residential/Nothing comes for free

• We think the sector's status as a consensus overweight continues to be well deserved and short-term equity price dislocations should be bought. • In our view, the key themes for the next few years will be capital allocation, modernisation economics, and the impact of cost inflation. • We initiate with a BUY rating on Deutsche Wohnen and LEG Immobilien. • We initiate with a HOLD rating on ADO Properties and Vonovia.

ING
Research Department

Benelux Morning Notes

Fugro: New CEO German Resi: More thoughts on Mietspiegel changes

ING
Research Department

Benelux Morning Notes

Colruyt: guides for FY18/19 adj. net profit >€351m, additional SBB German Resi: Still more thoughts on Mietspiegel changes TomTom: Strategic review of Telematics business

1 director bought

A director at Leg Immobilien Ag bought 500 shares at 107.760EUR and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of bo...

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

LEG Immobilien - AGM 29 May 2019

General: With around 134,000 rental properties and approximately 360,000 residents, LEG Immobilien is one of Germany’s leading listed housing companies. The Company has eight branch offices in North Rhine-Westphalia, providing personal local contact. In financial year 2018, LEG Immobilien generated rental and lease income of around EUR 767m. As of 31 December 2018, BlackRock Inc. and MFS each held between 5% and 10% of the Company's shares. On 10 March 2019, LEG Immobilien announced that CEO Thomas Hegel will resign from the Management Board at the end of the AGM 2019 after 13 years of servi...

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