A German bank is making negative headlines for its investments in US commercial property. While many European banks have avoided these assets on a grand scale, Deutsche Pfandbriefbank has embraced them. What comes next?
The Association of German Pfandbrief Banks believes that the peak of the crisis on the real estate market is still to come. We expect the crisis to peak next year, VDP President Gero Bergmann told.
According to the Association of German Pfandbrief Banks , the slump in new residential real estate lending has recovered somewhat. In the third quarter, the most important real estate financiers.
Decline in Residential Property Prices Persists Across Germany themunicheye.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themunicheye.com Daily Mail and Mail on Sunday newspapers.
By Helena Smolak Prices in Germany's real-estate market continued to fall in the third quarter, extending a stretch of declines it experienced over the past.