LEG Immobilien

LEG Immobilien AG (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]

Landesentwicklungsgesellschaft Immobilien AG
TypeAktiengesellschaft
FWB: LEG
IndustryReal estate
Founded1970 (1970)
Headquarters
Düsseldorf
,
Germany
Area served
Nordrhein-Westfalen
Key people
Michael Zimmer (Chairman of the board)
Number of employees
1,400 (2019)
Websiteleg-wohnen.de/en/corporation/

The company was established as a housing provider operating in the German Land of Nordrhein-Westfalen. It was later privatised and currently operates 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]

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