News Formal

Germany’s commercial real estate market falls by half to lowest level since 2017

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Standstill mirrors housing situation across European countries such as Ireland, Sweden, and the UK

Germany’s market for commercial real estate plunged to the lowest level since at least 2017 in the latest sign of the turmoil triggered by soaring interest rates.

Deal volumes in the first half of 2023 declined 50 per cent from the previous six months to €14.9 billion, according to figures provided by real estate firm JLL. The figure was about two-thirds below the average over the past five years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Germany’s commercial real estate market falls by half to lowest level since 2017Standstill mirrors housing situation across European countries such as Ireland, Sweden, and the UK
Source: businessposthq - 🏆 8. / 71 Read more »

Business Post Group partners with Sweden’s Bonnier NewsDeal announced in Dublin by Business Post Group CEO and majority shareholder Enda O’Coineen, and Bonnier News CEO Anders Eriksson
Source: businessposthq - 🏆 8. / 71 Read more »

Business Post Group partners with Sweden’s Bonnier NewsDeal announced in Dublin by Business Post Group CEO and majority shareholder Enda O’Coineen, and Bonnier News CEO Anders Eriksson
Source: businessposthq - 🏆 8. / 71 Read more »