shares in leg immobilien rose after the company reported an increase in earnings for the second quarter at 1226 gmt on thursday shares were up 43 at eur6554 the german realestate company said adjusted funds from operationsits key earnings indicatorfor the second quarter more than doubled to 637 million euros 699 million from eur284 million in the yearearlier period quarterly rental income rose 47 to eur208 million leg confirmed its recently upgraded fullyear targets expecting adjusted ffo to range between eur165 million and eur180 million compared with a previous forecast of between eur125 million and eur140 million the company also maintained its estimate for rental growth of between 38 and 4 which was lifted from the initial outlook ranging from 33 to 37 it said during the first half leg sold almost 700 housing units despite buying restraint in the residential property market the company said its sales program comprises a total of more than 5000 units it said with the companys operations on track its focus should move to reducing debt and an acceleration and increase in assetsales might help in that regard berenberg analysts kai klose and nithin kumar devaraj said in a research note