LEG Immobilien is a listed German residential real estate company with a focus on North-Rhine Westphalia
LEG Immobilien raised €306.7 million by a c.7.7% capital increase via an accelerated bookbuild offering
Proceeds of the transaction will be used to finance the acquisition of c.13,800 residential units in North Rhine-Westphalia for approximately €600 million
Kempen & Co acted as Co-Bookrunner in the transaction