Societe Generale

Eckhard Schultz - LEG Immobilien AG

LEG Immobilien AG

Listed German housing company LEG Immobilien AG placed its first corporate bond, with a nominal value of €500m, with institutional investors earlier this month. The unsecured fixed-rate bond is paying an annual coupon of 1.25%, and matures on the... more


Convertible Bonds

© moonrise -

We report elsewhere in this issue on a number of bond issues from German real estate companies, including TAG Immobilien, Grand City Properties and Austria's UBM Immobilien, which highlight the increasing role that bonds, and in particular... more


The Wiesbaden-based Aareal Bank posted operating profits for the full year of 2012 down 5% to € 176m fro the previous year’s €1 85m, which it says was largely due to an extremely conservative lending policy, which saw it parking much of its... more