Tag: Apartment renter
Adler sells further properties in eastern Germany to KKR
Frankfurt, Düsseldorf The heavily indebted real estate group Adler Group has reported a success: the company, which has been attacked by hedge funds for months, completed the sale of a…
Adler sells further properties in eastern Germany to KKR
Adler building project in Berlin The income from the sale of shares is to be used for debt relief. (Photo: Bloomberg) Berlin The heavily indebted real estate group Adler Group…
Retailers can cut rents at lockdown
Düsseldorf, Frankfurt The Federal Court of Justice has ruled: If shops have to be closed due to a state-ordered lockdown, traders can be entitled to a reduction in rent. Since…
Retailers can cut rents at lockdown
Closed shops During the lockdown, like here in Oldenburg, only a few people were out and about in the pedestrian zones of German inner cities. (Photo: dpa) Dusseldorf Tenants of…
What governments around the world are doing to counter high rents
There are restrictions with which Germany is not alone. In other countries, too, the market is being regulated more and more in view of rising prices. What are other governments…
Evergrande wants to postpone payments for six months
Beijing / Hong Kong The construction company China Evergrande, which has got into financial difficulties, wants to postpone the payment date for payments due soon. The proposed change in the…
The lack of housing is a problem that needs to be solved regionally
construction site Out of an average of around 350,000 approved apartments per year, not even 300,000 have actually been built in recent years. (Photo: dpa) According to the coalition agreement,…
Trading in Evergrande shares suspended again
Dusseldorf It is a heavy blow for the heavily indebted real estate group Evergrande: The developer has to demolish 39 luxury vacation properties on the popular holiday island of Hainan…
Trading in Evergrande shares suspended again
Hong Kong The shares of the ailing Chinese real estate company Evergrande were suspended from trading on the Hong Kong Stock Exchange on Monday. The exchange announced this without giving…
China Evergrande shares show their biggest daily gain since September
Evergande in Wuhan A pedestrian walks past the construction site of a China Evergrande Group development in Wuhan, China, on Wednesday, Dec. 22, 2021. Defaulter China Evergrande Group is prioritizing…
Kaisa creditors have not yet requested any early repayment
Beijing The ailing Chinese real estate group Kaisa is apparently getting a delay from its creditors when repaying prematurely due bonds. The company has not yet received a request from…
Deutsche Wohnen boss Zahn does not want to become a Vonovia board member
Frankfurt In May it still sounded like harmony. “We can create a better company together,” said Deutsche Wohnen boss Michael Zahn at the time for the merger with larger rival…
These books show what is going wrong in the real estate market
Frankfurt, Düsseldorf And again normal rental apartments became so-called “exclusive residential property”. It was like that in Berlin-Wilmersdorf, in Moabit and now also in Birkenstrasse. The Szymanski have lived there…
Fitch sees Evergrande and Kaisa defaulting on payments
Beijing The heavily indebted Chinese real estate developer Evergrande continues to move towards the abyss. As the first of the major international rating agencies, Fitch further downgraded Evergrande and its…
Evergrande and Kaisa are about to default
Evergrande A catastrophic failure could have repercussions on the entire industry, which contributes around a quarter of China’s gross domestic product. (Photo: AP) Beijing The Chinese real estate developers Evergrande…
Evergrande and Kaisa are about to default
Evergrande A catastrophic failure could have repercussions on the entire industry, which contributes around a quarter of China’s gross domestic product. (Photo: AP) Beijing The Chinese real estate developers Evergrande…
Evergrande and Kaisa are about to default
Beijing The Chinese real estate developers Evergrande and Kaisa are on the verge of default. The rating agency Fitch set its rating for both companies to “Restricted Default” on Thursday…
Controlled chaos at the Chinese real estate company
A real estate project by the Chinese Evergrande group A default of the 300 billion dollar indebted company can hardly be prevented, analysts warn. (Photo: Reuters) Frankfurt It is an…
New rules for tenants and owners
The 177-page coalition agreement has been signed by all parties involved. In addition to the major priorities of climate, digitization and pandemics, the new federal government is planning some requirements…
Evergrande is apparently unable to service interest payments due for the first time
Beijing The situation at the heavily indebted Chinese housing company Evergrande is worsening. For the first time, according to insiders, the second largest real estate developer in China has broken…