Adler Group: Adler, one of Germany s biggest landlords, is fighting a liquidity crisis triggered by a downturn in the domestic property market, rising energy and building prices caused by Russia s invasion of Ukraine and the fallout from the COVID-19 pandemic.
Housing Crisis In Germany: The subsidies should be used to build 100,000 social housing units and 60,000 new affordable homes to be able to accommodate an influx of workers, avoid pushing people into poverty and create new jobs in the economically key sector, they said on Thursday.
Bafin: "Many went overboard in times of extremely low interest rates. That is why a necessary correction has come," Branson told the Finanz-Szene podcast, calling commercial real estate "risk No. 1".
Housing Prices In Germany: In October, 22.2% percent of companies reported cancelled projects, up from 21.4% the previous month, the Ifo economic institute said.
Germany’s wave of cancellations in residential construction continues. In October, 22.2% of companies reported cancelled projects, up from 21.4% in the previous month.