Q1 2020 LEG Immobilien AG Earnings Call Transcript
Yes, good morning. Thanks, Stuart. Good morning, everyone, from Düsseldorf. Welcome to our Q1 2020 results call. I'm here with our CEO, Lars Von Lackum; as well as our COO, Volker Wiegel.
As usual, they will lead you through the presentation and we will then open it up for your questions. You'll find the presentation document as well as the quarterly report within the IR section of our home page. Please note that there is also a disclaimer, which you'll find on Page 2 of our presentation.
And with this, I hand it over to you, Lars.
Thank you, Frank. Good morning, ladies and gentlemen, and welcome from my side to our first quarter 2020 earnings call.
In the first quarter, the world entered into a human and economic catastrophe. Our home state of North Rhine-Westphalia went into lockdown by mid-March, and more than ever, we became the provider of the home, not just residential space to our tenants. We
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