Insider transaction by Michael Zimmer

On 18 March 2026, the German Securities Trading Act (WpHG) required the public disclosure of a transaction conducted by a senior executive of LEG Immobilien SE. The transaction involved Michael Zimmer, a member of the board of directors, who purchased 3 300 shares of the company. The shares were acquired at a price of approximately €61.6 per share (the closing price on 17 March 2026). The transaction was reported to the authorities on 16 March 2026 and published by the company’s equity‑information provider on 18 March 2026.

The disclosure complies with the provisions of Article 40, Section 1 of the WpHG, which mandates that transactions by directors and persons closely associated with them be made available to the market. The announcement was disseminated through EQS‑Cockpit, EQS‑News and the German corporate register (Unternehmensregister).

Voting‑rights announcement

On 17 March 2026, LEG Immobilien SE released a voting‑rights announcement under Article 40, Section 1 of the WpHG, aimed at European distribution. The filing was made public via EQS‑News and the corporate register. The announcement provided shareholders with the latest information regarding the company’s voting rights, but did not contain any substantive changes to the capital structure or governance.

Market context

Share price performance

  • Close price (17 March 2026): €61.6
  • 52‑week high (6 May 2025): €77.95
  • 52‑week low (3 Feb 2026): €58.75

The share has experienced a decline from its recent high, reflecting broader market pressure in the German real‑estate sector. The price‑earnings ratio is currently 3.86, indicating a low valuation relative to earnings.

Sector pressure

On 19 March 2026, a market‑wide report noted that the German real‑estate sector was under pressure. The sector lost nearly 3 % in the first week of March, the lowest level since the beginning of the year. Among the sector constituents, Vonovia recorded the largest decline at almost –11 %. While LEG Immobilien was not singled out as a major loser, the overall downward trend in the sector is likely to affect investor sentiment toward its shares.

Investment performance

A retrospective analysis of an investment made one year earlier shows that an investment of €100 at the closing price on 18 March 2025 (approximately €66.86) would have yielded a current holding of 1.496 shares. This translates into a capital loss when compared with the current price of €61.6.

Company fundamentals

LEG Immobilien SE is a German real‑estate service provider listed on Xetra. Its portfolio includes residential, commercial, and industrial properties across Germany. As of the most recent data:

  • Market capitalisation: €4.64 billion
  • Currency: EUR
  • Primary exchange: Xetra

The company operates in the real‑estate sector, with a focus on owning and operating apartment complexes, commercial assets, and industrial properties for customers nationwide.

The combination of insider activity, routine voting‑rights disclosure, and a challenging market environment paints a comprehensive picture of LEG Immobilien SE’s current situation.