Streetbeat News

LEGIF

LEG Immobilien SE

https://www.leg-wohnen.de/

Industry

Credit Bureaus

Open

99.99

Mkt cap

6.3B

Volume

100

High

99.99

P/E Ratio

-10.35

52-wk high

104.10

Low

84.06

Div yield

0.03

52-wk low

74.50

LEG Immobilien SE (LEGIF) held its Q3 2024 earnings call, discussing the company's nine-month results. Key participants included executives and analysts from various financial institutions.

Portfolio Pulse from

November 10, 2024 | 7:30 am

Commercial real estate transaction volumes are falling sharply in many parts of the world, including Germany, Sweden, Ireland, and the UK. This is raising concerns that the U.S. office market may soon experience the same. The drop is attributed to rising interest rates, which have increased borrowing costs and demand for yields among potential property investors. Investment bank Stifel warns that the industry may face a decade of limited earnings growth. German residential landlords, such as LEG Immobilien SE, TAG Immobilien AG, and Vonovia SE have been downgraded to a Sell. Five U.S. REITs that could be vulnerable to these changes are Boston Properties Inc., SL Green Realty Corp., Alexandria Real Estate Equities Inc., Vornado Realty Trust, and Kilroy Realty Corporation.

Portfolio Pulse from Piero Cingari

July 06, 2023 | 12:39 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.