LEG Immobilien rises on strong operating results

LEG Immobilien SE

10/08/2023 09:02

** LEG Immobilien  LEGn.DE  shares rise 5.2% after the
German real estate firm reported strong H1 results
    ** The firm's H1 adjusted funds from operations (AFFO) rise
49.4% to 119 million euros ($131.01 million)
    ** "Today's strong operating results for 1H23 are not a
surprise but a confirmation that the rental business is running
well" Baader Helvea says
    ** LEG Immobilien tops Germany's midcaps index  .MDAXI ,
with peer TAG Immobilien  TEGG.DE  (+4.4%) also standing amidst
the top performers of the index

($1 = 0.9083 euros)

 (Reporting by Tristan Veyet)
 ((Tristan.chabba@thomsonreuters.com))