LEG Immobilien AG

Founded in 1970, LEG Immobilien AG is a German property provider, located in the city of Düsseldorf. The company was formed as the result of a merger of several non-profit housing entities: Rheinische Heim GmbH (Bonn), Red earth GmbH (Münster), Westfälische Lippe home location GmbH (Dortmund) and the Rheinische Heimstätte GmbH (Dusseldorf). LEG Immobilien AG owns over 100,000 apartments and other properties throughout Germany. LEG Immobilien AG survived a takeover attempt by Deutsche Wohnen that if successful, would have given Deutsche Wohnen control over 250,000 properties. LEG Immobilien AG went public in 2013 on the Frankfurt Stock Exchange. Traded as LEG.DE, the company stock is also part of the German MDAX index. Shortly after going public, the company declared its intention to pay dividends to shareholders. Diversity groups have blasted LEG Immobilien AG for the lack of women on its Board of directors. BCG Gender Diversity considers the company to be one of the worst offenders when it comes to gender equality. It is unclear what LEG Immobilien AG thinks of this issue and whether the company plans to take any action. LEG.DE stock is now available for trade on the platform. Start now with the help of the eToro trading community.