- CEO
- Lars von Lackum
- Full Time Employees
- 1,789
- Sector
- Finance
- Industry
- Real estate development
- Address
- Flughafenstrasse 99 Dusseldorf NW Germany 40474
- IPO Date
- Jan 21, 2013
- Business
- LEG Immobilien SE, a leading German listed residential real estate company headquartered in Düsseldorf and founded in 1970, focuses on the acquisition, management, letting, and development of rental properties, primarily offering residential apartments supplemented by commercial units, garages, and parking spaces; its portfolio comprises approximately 172,000 rental units housing around 500,000 residents, with one-fifth dedicated to social housing and operations concentrated in North Rhine-Westphalia across eight branches and select locations in other western German states. The company generates revenue through property leasing, sales, ancillary services, and value-added initiatives including urban development and brownfield redevelopment; it emphasizes affordable housing at fair prices alongside sustainability efforts via proprietary green digital startups such as termios for smart heating control, dekarbo for efficient air-to-air heat pumps, RENOWATE for digital serial full refurbishments, and youtilly for transparent service management in green maintenance, cleaning, and winter services. Recent developments include full operational integration of the BCP acquisition contributing to rental growth and AFFO increases, a sales program divesting around 5,000 units, heightened investments in portfolio modernization, raised 2024 and 2025 profit forecasts amid strong nine-month 2025 results with like-for-like rent growth exceeding 7%, a new strategic partnership with ATechX announced in November 2025 to advance proptech innovations across a €130 billion portfolio network involving Aroundtown, Vonovia, and others, and sustained emphasis on refinancing maturities through undrawn credit facilities and commercial paper programs.