In an article posted a few hours ago, the Wall Street Journal’s Laura Stevens shined a spotlight on the Germany real estate market. And rightly so. From our perspective here in Germany, it seems a small wonder Germany’s IPO offering from one of the only four REIT’s did not cause more of a stir. However, just as Stevens predicts, the future of German investment is MORE.
Government Plans To Rent Out Foreclosed Homes
The government is investigating new plans to try and limit the number of foreclosures going onto the market in an effort to prevent unsold foreclosed homes damaging values even more – by simply renting them all out instead. The Wall Street Journal reported that the Obama administration is currently examining the viability of pulling foreclosed
Asia Markets Afford Best Margins
Rising markets and boisterous share issuance in the Asian-Pacific region have returned well for the bottom lines of Wall Street and elsewhere. As reported by the Wall Street Journal, total investment-banking revenue from the region excluding Japan rose 56% last year to $12.2 billion, increasing its total proportion of industry fee revenue to 17.4% from 12.8% in 2009, according to estimates from data provider Dealogic.