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LEGIF / LEG Immobilien: Resilient Operating Performance And Cheap Valuation
LEG Immobilien has reported a resilient operating performance and remains a cheap value play in the European real estate sector. The company prioritizes balance sheet management and has made conservative decisions to protect its investment grade credit rating. LEG's operating performance has been positive, with net cold rent and adjusted EBITDA increasing, but FFO declining due to higher interest costs.
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Posted: Aug 30 2023, 09:12
Author Name: Seeking Alpha
Views: 102280
LEGIF News
By Seeking Alpha
August 30, 2023
LEG Immobilien: Resilient Operating Performance And Cheap Valuation
LEG Immobilien has reported a resilient operating performance and remains a cheap value play in the European real estate sector. The company prioritiz more_horizontal