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Research and Markets: Germany Construction Market Size, Trends and Forecasts 2023-2027 - Rising Interest Rates and Elevated Construction Costs Impact Market Growth

Research and Markets: Germany Construction Market Size, Trends and Forecasts 2023-2027 - Rising Interest Rates and Elevated Construction Costs Impact Market Growth
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Munich developer insolvent in latest blow to German property sector

By Tom Sims FRANKFURT (Reuters) - A Munich-based property developer said on Friday it had filed to open insolvency proceedings with a local court, in .

United statesEuroboden gmbTom simsMark potterCentrum groupDevelopment partner

Munich developer insolvent in latest blow to German property sector By Reuters

Munich developer insolvent in latest blow to German property sector By Reuters
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Euroboden GmbH insolvent in latest blow to German property sector, ET RealEstate

Euroboden GmbH, with 115 million euros ($126 million) in bonds outstanding and facing possible downgrades in its credit rating, said in a statement that negotiations for property sales had fallen through, hurting its finances.

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