LEG Immobilien : LEG set to further benefit from improving conditions in German residential real estate
>Ongoing rent increases driving AFFO - This week, we met LEG´s investor relations at our Corporate Conference in Frankfurt. LEG confirmed that the structural supply/demand imbalance is causing ongoing rent increases in German residential real estate which will continue to drive LEG´s AFFO. There are no signs of the supply/demand imbalance ending and only a few new constructions are coming to market.Decelerating devaluations – first stabilise LTV, then swi...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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