Amundi cuts its LEG stake. LEG Immobilien stock sits 37.60 percent below its high

Published on 10/09/2026 at 14:47 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Half-year AFFO fell 12.70 percent year over year to EUR 110.50 million. LEG Immobilien stock costs EUR 44.71 on October 9, 2026 after EUR 44.62.

Key points in brief

Amundi reduced its voting-rights stake in LEG Immobilien from 5.04 percent to 4.80 percent on October 2, 2026.
LEG reported H1 2026 AFFO of EUR 110.50 million, down 12.70 percent year over year, while retaining full-year guidance.
The Lang & Schwarz price was EUR 44.71 on October 9, 2026 at 2:39 p.m. CEST, plus 0.20 percent versus EUR 44.62.
LEG Immobilien stock stood 37.60 percent below its EUR 71.65 52-week high, with a market capitalization of EUR 3.4 billion.

Moderne renovierte Wohnhausanlage mit Balkonen und Grünflächen im Innenhof — LEG Immobilien SE (DE000LEG1110) verwaltet moderne Wohnsiedlungen mit Balkonen und gepflegten Grünanlagen in Städten, Illustration mit AI erstellt.

Amundi reduced its voting-rights stake in LEG Immobilien from 5.04 percent to 4.80 percent, and LEG Immobilien stock sat 37.60 percent below its EUR 71.65 52-week high on October 9, 2026. FinanzNachrichten.de reported the change on October 2, 2026, with the threshold measured on September 29, 2026.

Three dated milestones shape the stock

On June 24, 2026, LEG disclosed that shareholders reinvested EUR 63.10 million through the scrip dividend, with a 28.60 percent take-up rate, according to LEG Immobilien.

On August 4, 2026, LEG reported first-half AFFO of EUR 110.50 million, down 12.70 percent year over year, while reaffirming full-year AFFO guidance of EUR 220.00 million to EUR 240.00 million, according to Yahoo Finance.

On October 2, 2026, the Amundi notification recorded 3,692,448 voting rights, equal to 4.80 percent of LEG's voting rights, compared with 5.04 percent in the previous notice, according to FinanzNachrichten.de.

What does H1 cash flow mean?

The H1 figures show a clear split between current cash generation and full-year expectations. AFFO declined from EUR 126.60 million in H1 2025 to EUR 110.50 million in H1 2026, yet management kept the EUR 220.00 million to EUR 240.00 million 2026 range because subsidies and lower investments are expected to support the second half, as Yahoo Finance reported from the August 4 call.

Next dates carry the next test

LEG is scheduled to publish its third-quarter 2026 report on November 12, 2026, according to Barrons. The investor-relations calendar lists a Kepler Cheuvreux Pan-European Real Estate Conference on November 13, 2026, according to LEG Immobilien.

Stock remains below its yearly high

LEG Immobilien had a market capitalization of EUR 3.4 billion and a 52-week range of EUR 44.30 to EUR 71.65 as of October 9, 2026. The EUR 44.71 price therefore stood 37.60 percent below the yearly high, keeping valuation context central as the company approaches its November reporting date.

LEG Immobilien stock was trading at EUR 44.71 at Lang & Schwarz on October 9, 2026 at 2:39 p.m. CEST, plus 0.20 percent versus the prior close of EUR 44.62 on October 8, 2026. The further course of trading is shown by the continuously updated real-time quote of LEG Immobilien stock.