LEG Immobilien : LEG is on the way to continue its expansion path
>FY 2021 results slightly above our estimates – guidance 2022e confirmed - End of last week, LEG published solid FY 2021 figures which were slightly above our forecast and close to the consensus estimates. LEG confirmed its 2022e outlook.Net cold rent of € 683.9m (+9.0% y-o-y) was in line with our estimate of € 681.9m and the consensus of € 684.0m. Net rental income of € 522.1m (+21.5% y-o-y) was between our forecast of € 511.5m and consensus of € 527.0. FFO I p/...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.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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