Rich German families snap up trophy real estate after price drop
Bloomberg
Sep 3, 2024 6:23 PM IST
As investors steer clear of Germany’s battered commercial realty market, wealthy families are sensing an opportunity to snap up trophy assets for cheap.
The ultra-rich private investors have closed deals worth €1.5 billion ($1.7 billion) across all property classes in the first six months of this year in Germany (Picture for representational purposes only)
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