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Achi news desk-
Investor appetite for real estate deals in Germany remained muted at the start of the year, according to Jones Lang Lasalle, even as some valuations looked to be bottoming out and interest rate cuts loomed .
The number of transactions fell 19% in the first quarter compared to a year earlier, the broker said on Monday. The total, €6.3 billion ($6.8 billion), was the weakest for the period since 2011. Sellers are having a particularly hard time finding buyers for larger portfolios, with deals down 50% in this segment .
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The post German Property Crash Intensifies With 19% Drop in Investment Deals – Bloomberg appeared first on Canada News Media.
