LEG Immobilien stock gains 0.30% to EUR 49.65 pre-market
Published on 11/13/2026 at 08:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey drivers for the session
- LEG confirmed its 2026 AFFO target of EUR 220 million to EUR 240 million.
- Management expects 2027 AFFO of EUR 230 million to EUR 250 million, implying 4 percent growth at the midpoint.
- Like-for-like rent growth reached 3.9 percent in the first nine months, while the EPRA vacancy rate fell to 2.5 percent.
LEG Immobilien stock traded at EUR 49.65 on Lang & Schwarz at 08:02 CET on Friday, November 13, 2026, 0.30 percent above the Xetra close of Thursday, November 12, 2026.
2026 target remains in sight
LEG Immobilien reported AFFO of EUR 190.1 million for the first nine months of 2026, up 4.9 percent from the prior-year period. The company reaffirmed its full-year AFFO guidance of EUR 220 million to EUR 240 million in its investor relations release published Thursday.
For 2027, management introduced AFFO guidance of EUR 230 million to EUR 250 million, with the midpoint representing a further 4 percent increase. Like-for-like rent growth reached 3.9 percent in the nine-month period, while the EPRA vacancy rate declined to 2.5 percent. The company also said Moody's had upgraded its rating to Baa1 with a stable outlook.
Financing remains a central focus
LEG said all maturities are covered through autumn 2027. Average financing costs stood at 1.82 percent at the end of September, while loan-to-value was 46.5 percent. The company expects rent growth to moderate to 2.9 percent to 3.1 percent in 2027 and plans investment of around EUR 35 per square metre.
The broader German equity market provides the relevant DAX backdrop for the session.
