trending Market Intelligence /marketintelligence/en/news-insights/trending/uIwQGznKzaQ3KtJBkgGmkA2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

LEG Immobilien's 2018 net profit rises YOY; new CEO named

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

LEG Immobilien's 2018 net profit rises YOY; new CEO named

LEG Immobilien AG said net profit for full-year 2018 amounted to €847.1 million, compared with €844.8 million in the year-earlier period.

Funds from operations I totaled €318.6 million compared with €295.3 million in the prior-year period, while adjusted FFO decreased 22.3% year over year to €139.7 million from €179.8 million.

On a per-share basis, FFO I came in at €5.04, a year-over-year increase of 7.9% from €4.67, and AFFO was €2.21, down 22.3% on an annual basis from €2.84.

The board of multifamily-focused real estate company proposed a dividend of €3.53 per share, a 16.1% climb from the 2017 dividend of €3.04.

The company confirmed its outlook for FFO I, expecting to record at between €338 million and €344 million for 2019, and between €356 million and €364 million in 2020.

In addition, LEG Immobilien said Thomas Hegel plans to resign as CEO at the conclusion of the May 29 annual general meeting following 13 years of serving in the role. Hegel will remain in the company as an adviser and will help in the succession process.

With Hegel's impending departure, Chief Digital Officer Lars von Lackum will take over the vacant role, effective June 1. The company also named general counsel Volker Wiegel as COO, also effective on the same date.