{
  "id": 19648357,
  "title": "Real Estate: LEG Must Devalue Buildings Again, but Confirms Annual Forecast",
  "url": "https://urgent.news/2026/11/12/immobilien-leg-muss-wieder-gebaude-abwerten-bestatigt-aber-die",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-12T12:08:29.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/immobilien/immobilien-leg-muss-wieder-gebaeude-abwerten-bestaetigt-aber-prognose/100268813.html"
  },
  "original_language": "de",
  "account": "The German real estate company LEG has reported a 4.9% increase in its key earnings metric, Adjusted Funds From Operations (AFFO), to €190.1 million for the first nine months. The company's rental income on comparable areas rose by 3.9%, while the vacancy rate was 2.5%. LEG has announced expected growth in its 2026 financial results, with a predicted AFFO of €220-240 million, and €230-250 million for 2027. However, the company expects a decline in property values due to rising interest rates driven by inflation, which will impact its debt ratio.",
  "summary": "Germany's second-largest listed landlord continues to increase its earnings, and its stock gains significantly in value. The company is keeping a low profile regarding its new major shareholder.",
  "key_points": [
    "LEG's AFFO increased by 4.9% to 190.1 million euros",
    "MMR on comparable space rose by 3.9% for portfolio",
    "Company expects real estate depreciation in second half of 2026"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}