LEGIF News and Press, Leg Immobilien Ag On From 05/30/22

In May, the sell-off on the stock markets continued even though the stock markets made up some ground last week. Overall, the fundamental environment remains rather poor for growth stocks. But even this negative outlook does not change my long-term optimistic view on equities. So ...

LEG Immobilien SE (LEGIF) Q1 2021 Earnings Conference Call May 11, 2021 4:00 AM ET Company Participants Frank Kopfinger – Head-Investor Relations Susanne Schröter – Chief Financial Officer Lars von Lackum – Chief Executive Officer Volker Wiegel – Chief Operati...

The following slide deck was published by LEG Immobilien SE in conjunction with their 2021 Q1 earnings call. For further details see: LEG Immobilien SE 2021 Q1 - Results - Earnings Call Presentation

LEG Immobilien SE (LEGIF): Q1 FFO per share of €1.44; AFFO per share of €0.48Rental income of €168.4M (+9.7% Y/Y)Press Release For further details see: LEG Immobilien SE reports Q1 results

The German residential real estate sector remains in motion. LEG Immobilien AG ( LEGIF ) announced that it is in talks with rival TAG Immobilien AG ( TAGOF ) regarding a potential merger. LEG plans to propose an all stock transaction in order to combine the companies' businesses. In this art...

ADO Properties ( ADPPF ) was a pure-play on residential real estate in German capital Berlin until recently. New regulations in Berlin came into effect in February 2019 and would have hampered growth at a 100% Berlin entity. Rents in Berlin are frozen and can even be reduced by tenants if they...

Coronavirus has limited short-term impact German residential real estate is one of the most resilient asset types. It is not substitute-able. I do not see how the demand is reduced by the coronavirus pandemic. There is even the potential for additional tenants, who have to adjust their hou...

For new readers about ADO, I would kindly refer you to my first article for a better understanding of the business. Summary In the past week there has been some newsflow about ADO Properties (ADPPF): Sale of Units: ADO 's management decided to sell around 5800 units ADLER Bid...

On the 25th of June 2019, Immobel, the largest listed Belgian property developer, stated that chairman Marnix Galle would become its new CEO from the 30th of June 2019 on. While this came as a surprise, investors should applaud this decision. In fact, they did. Today, not even two months later...

Current Situation For a summary of ADO, it´s business model and why I see value in the equity please read the previous article . Since the idea has been published the shares appreciated to 37.30€ per share, which would have generated a return of 4.5%. However, I still see m...