12:14 AM EDT, 10/21/2026 (MT Newswires) -- Grand City Properties (0RPK.L, GYC.F) signed contracts with financial intermediaries for the purchase of additional shares in LEG Immobilien (LEG.F), which will raise its stake in the German property company to 20.04%. The residential property company expects the investment to raise its funds from operations I, according to a Tuesday filing. Grand City may boost its stake in LEG up to 29.9%, trim its shareholding significantly or exit altogether, subject to market conditions.

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