LEG Immobilien

LEG Immobilien SE (Landesentwicklungsgesellschaft) is a German property company. As of 2016, it is a constituent of the MDAX trading index of German mid-cap companies.[1][2]

The company was established as a housing provider operating in the German Land of Nordrhein-Westfalen. It was 2008 privatised and operates since 2013 as an Aktiengesellschaft (publicly traded company). The headquarters is located in Düsseldorf, the Land capital (Landeshauptstadt) of Nordrhein-Westfalen.

As of 2016, the company has around 1000 employees and holds around 130,000 apartments and properties.[3] A takeover bid by Deutsche Wohnen failed in 2015.[4][5]

In August 2020 company changed its legal form from Aktiengesellschaft to Societas Europaea.

References

  1. MDAX Constituents Frankfurt Stock Exchange, Deutsche Börse, retrieved 19 April 2016^
  2. Coreena Ford. Newcastle landlord Grainger in £42m German property portfolio sell-off Evening Chronicle, 13 April 2016, retrieved 19 April 2016^
  3. LEG at a glance LEG Immobilien, retrieved 19 April 2016^
  4. Andrew Blackman. Deutsche Wohnen Drops LEG Offer, Vows to Fight Off Vonovia Bloomberg.com, 21 October 2015, retrieved 19 April 2016^
  5. Andrew Blackman, Carolynn Look. LEG Share Slump Spells Bad News for Deal With Deutsche Wohnen Bloomberg.com, 21 October 2015, retrieved 19 April 2016^