Allen & Overy LLP has advised COMMERZBANK Aktiengesellschaft and Kempen & Co N.V. as Joint Bookrunners in connection with the capital increase of LEG Immobilien AG raising gross proceeds of EUR 73.6 million.

The 1,196,344 new registered shares with dividend entitlement as from the financial year 2015 were placed with international institutional investors at a price of EUR 61.54 per share. The new shares are not entitled to the proposed dividend payment of EUR 1.96 per share for the financial year 2014. The transaction closed on 29 June 2015.

The Allen & Overy-Team comprised counsel Dr. Knut Sauer (transaction lead, International Capital Markets), senior associate Dr. Susanne Lenz (US Corporate Finance) and associate Nadine Kämper (International Capital Markets, all Frankfurt).