TAG Acquires German Real Estate Firm TLG in EUR 471 Million Deal



TAG Immobilien has acquired the residential branch of state-owned real estate firm TLG after winning a bid that will require a EUR 471 million investment. The sum to be paid as part of this deal, the biggest in the German property sector for 2012, also includes TLG’s outstanding debt. TAG was one of the favorites […]

Buyers Moving in on German Property



According to The Move Channel, more buyers are looking towards Germany for property. Although Spain was still the most popular destination in August, largely due to the huge number of distressed properties on the market, Germany jumped 6 places to enter The Move Channel.com’s top 10.

No Real Risk of a German Real Estate Bubble



Apparently there is no real risk of a real estate bubble forming in Germany, in spite of recent fears. According to Fitch Ratings there is no real risk within commercial or residential real estate sectors, as rents and property prices have generally kept pace with the economy.

Germany Real Estate Heading for a Bubble?



The price of German real estate has increased substantially over the last couple of years as more investors see Germany as a safer bet due than elsewhere to the Euro crisis. According to an article in Spiegel, this has led to some concerns that a property bubble could be forming.

Cerberus Spends Nearly €1 Billion on German Real Estate



A US investment firm is to spend nearly €1 billion buying up more than 22,000 apartments that are located across Germany. It’s been reported that the deal is worth around €900 million, and the properties are being bought from the bankrupt UK firm, Speymill.

German Developers Make Bomb Discovery a Priority



During World War II the German countryside was peppered with unexploded bombs, many of which were never recovered. These unexploded bombs are becoming more dangerous, especially to the construction industry.

More Germans are Spending Money on Houses



In spite of the European debt crisis, Germany is doing relatively well as just 6.7% of the population are unemployed, which is the lowest level since 1990. Most of the population are feeling pretty confident about their future, and consumer spending increased by 1.5% last year, and is predicted to reach similar values this year.

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