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.
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. In August 2020, the company changed its legal form from Aktiengesellschaft to Societas Europaea.
As of year-end 2025, the company has around 1,800 employees and holds around 171,360 apartments and properties. A takeover bid by Deutsche Wohnen failed in 2015. In December 2021, the company significantly expanded its portfolio by acquiring around 15,400 apartments from the Adler Group.
Dividends The following table shows the dividend distributions for the last ten years:
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
External links (English) Financial Times Bloomberg