German construction industry faces abyss property mogul manilametro.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from manilametro.com Daily Mail and Mail on Sunday newspapers.
Germany has long benefited from an era of cheap money that fuelled a decade-long boom in real estate, but now the sector is grappling with a major turn of fortune. In the latest signs of stress in the sector, Germany's largest real estate group Vonovia posted multi-billion euro losses and writedowns, and job growth for construction workers has stagnated. WHY DO WE CARE ABOUT GERMANY?
Why Germany s property sector is in the dumps reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
Explainer-Why Germany s Property Sector Is in the Dumps usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.
By Tom Sims FRANKFURT (Reuters) - Germany has long benefited from an era of cheap money that fuelled a decade-long boom in real estate, but now the se.