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Property Investor Europe News

German LEG housing IPO said priced 7% below NAV

31 January 2013, 09:19 PM

The share price in German housing group LEG's IPO has been set at 7% below net asset value, at ¤43-¤45, according to sources at Property Investor Europe's packed German Residential Property Breakfast in London yesterday. This aligned with media reports that the final pricing, announced later today, will be ¤44.