LEG Immobilien
 | |
| Type | Societas Europaea |
|---|---|
| FWB: LEG MDAX Component | |
| ISIN | DE000LEG1110 |
| Industry | Real estate |
| Founded | 22 June 1970 |
| Headquarters | , Germany |
Area served | North Rhine-Westphalia |
Key people | |
| Revenue |  €1.47 billion (2025) |
Number of employees | 1,789 (2025) |
| Website | leg-wohnen |
| Footnotes [1] | |
LEG Immobilien SE (formerly Landesentwicklungsgesellschaft) is a German property company. As of 2025, it is a constituent of the MDAX trading index of German mid-cap companies.[1]
The company was established as a housing provider operating in the German Land of North Rhine-Westphalia. It was privatized in 2008 and has operated since 2013 as a publicly traded company. The headquarters is located in Düsseldorf, the Land capital (Landeshauptstadt) of North Rhine-Westphalia.[2] In August 2020, the company changed its legal form from Aktiengesellschaft to Societas Europaea.[3]
As of year-end 2025, the company has around 1,800 employees and holds around 171,360 apartments and properties.[1] A takeover bid by Deutsche Wohnen failed in 2015.[4] In December 2021, the company significantly expanded its portfolio by acquiring around 15,400 apartments from the Adler Group.[5]
Dividends
The following table shows the dividend distributions for the last ten years:[6]
| Payment date | Dividend (€) | Yield (%) |
|---|---|---|
| May 2017 | 2.76 | 3.28 % |
| May 2018 | 3.04 | 3.31 % |
| June 2019 | 3.53 | 3.26 % |
| September 2020 | 3.60 | 2.96 % |
| June 2021 | 3.78 | 3.06 % |
| June 2022 | 4.07 | 4.98 % |
| January 2023 | 0.00 | 0.00 % |
| May 2024 | 2.45 | 3.00 % |
| May 2025 | 5.40 | 7.26 % |
| May 2026 | 2.92 | 4.86 % |
References
- 1 2 3 "Annual Report 2025" (PDF). LEG Immobilien SE. Retrieved 11 May 2026.
- ↑ "Impressum" (in German). LEG Immobilien SE. Retrieved 11 May 2026.
- ↑ "LEG ändert Rechtsform". immobilienmanager.de (in German). 15 March 2021. Retrieved 11 May 2026.
- ↑ "Vorstoß von Vonovia abgelehnt: Deutsche Wohnen bläst LEG-Übernahme ab". n-tv (in German). 21 October 2015. Retrieved 11 May 2026.
- ↑ "Ad-hoc-Meldung: Erwerb von Anteilen an der Adler Group S.A." (in German). LEG Immobilien SE. 18 January 2022. Archived from the original on 3 December 2021. Retrieved 11 May 2026.
- ↑ "Dividend history LEG Immobilien". boerse.de (in German). Retrieved 11 May 2026.
External links
- Official website (English)
- Financial Times
- Bloomberg
