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Germany is midway through a four-year real estate crisis that will lead to more losses and distressed sales of unwanted properties, the head of Commerzbank's real estate business told Reuters. The ...
In the same year as the contract was signed, the Glocksee gasworks was built, becoming Germany's first gas plant. [2] In 1883, following the Ricklingen waterworks and the Glocksee gasworks, a combined plant for generating electrical energy was established. Finally, in 1891, the first electricity plant in Osterstraße was connected to the grid. [3]
This would affect 243,000 rental apartments out of 1.5 million total apartments in Berlin. The largest such real-estate company is Deutsche Wohnen, for which the initiative is named, followed by Vonovia. [1] In total, the referendum would impact 12 large real-estate companies. [2]
A group of correspondents working from Berlin, Hamburg, Stuttgart and Munich deals with local topics. Apart from the Immobilien Zeitung, the publishing house publishes books and magazines concerning the real estate industry. It also runs the online market place IZ-shop.de, where specialist literature for the real estate industry is sold.
In his office he planned and wrote numerous publications, including the series “History(s) from the City Archives” published in the newspaper Peiner Allgemeine Zeitung. [ 2 ] In 2019, Utecht retired. [ 2 ]
The acquisition of Conwert Immobilien and BUWOG made Vonovia the leading real estate group in Austria in 2018. [ 54 ] [ 55 ] [ 56 ] In the same year, the company exceeded the threshold of 50% of the shares in the Swedish housing company Victoria Park, [ 57 ] which has been 100% owned by Vonovia since 2019. [ 58 ]
He was hired by real estate services company JLL to manage its German operations in 2005. [ 1 ] [ 5 ] In 2016, JLL named him as its global president and [ 6 ] the company's global CEO. [ 7 ] According to the German business publication Immobilien Zeitung , he was the first German in global leadership of one of the major real estate companies.
ADLER Real Estate AG (formerly Adlerwerke, formerly H. Kleyer AG) is a listed real estate company in Germany, formerly based in Luxembourg. The main activities are the purchase and management of residential real estate all over Germany. The company owned about 52.000 residential units in 2020. [1]