Amundi cuts its LEG stake. LEG Immobilien stock loses 1.77 percent

Published on 10/07/2026 at 14:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Amundi cut its stake from 5.04 percent to 4.80 percent. LEG Immobilien stock costs EUR 45.40 versus EUR 46.22 on October 7, 2026.

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Amundi cut its voting stake in LEG Immobilien from 5.04 percent to 4.80 percent after the threshold was crossed on September 29, 2026, according to EQS News. LEG Immobilien stock was trading at EUR 45.40 at Lang & Schwarz on October 7, 2026 at 2:11 p.m. CEST, down 1.77 percent versus the prior close of EUR 46.22.

Amundi stake moves below 5 percent

The notification leaves Amundi with 4.80 percent of voting rights, equal to 3,692,448 shares, compared with 5.04 percent in the previous notification. The change is a concrete ownership signal, but it does not alter LEG's operating guidance or its capital-allocation framework.

The next scheduled company report is the third-quarter statement on November 12, 2026, according to the LEG Investor Relations calendar.

Rent growth supports 2026 guidance

In the first half of 2026, like-for-like rent growth was 3.70 percent and net cold rent reached EUR 473.4 million. The latest earnings-call transcript shows adjusted EBITDA up 2.30 percent to EUR 368.1 million, while AFFO was EUR 110.5 million, down 12.70 percent year over year, according to Yahoo Finance.

Management confirmed full-year 2026 AFFO guidance of EUR 220 million to EUR 240 million. The comparison matters because the first-half AFFO figure sits below the full-year range, making second-half cash generation central to the guidance framework.

Stock trades near its yearly low

LEG Immobilien had a market capitalization of EUR 3.5 billion as of October 7, 2026. Its Xetra-linked 52-week range was EUR 44.72 to EUR 71.65, placing the Lang & Schwarz price EUR 0.68 above the low and EUR 26.25 below the high.

The stock's market position therefore combines a fresh ownership disclosure with a wide valuation range. Operationally, the first-half figures show rent growth and higher adjusted EBITDA, while AFFO pressure and refinancing costs remain the key counter-factor for the second-half outlook.

LEG Immobilien was trading at EUR 45.40 at Lang & Schwarz on October 7, 2026 at 2:11 p.m. CEST, down 1.77 percent versus the prior close of EUR 46.22. The further course of trading is shown by the continuously updated real-time quote of LEG Immobilien stock.