Forces for good: Six stocks at the forefront of social empowerment
Which companies are making a difference?
Nordea s Thomas Sørensen and Olutayo Osunkunle look at the six companies they believe are leading the push for greater social empowerment.
LEG
LEG is a pure play on the German affordable residential market, where there is a shortage of affordable housing and demand is far higher than supply.
LEG, which has a 10% share of the German affordable housing market, offers rents at a 30% discount to the average, with lower rent inflation.
While the company is generating relatively low returns, it is a very stable business and offers an attractive risk/reward.