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Business 06 Sep 2016 | 12:00 AM Premium

Vonovia to buy Austrian developer for US$1.9bil

BERLIN: Vonovia SE agreed to buy Austrian developer Conwert Immobilien Invest SE for about 1.7 billion euros (US$1.9bil), a fresh attempt to grow with an acquisition after a bid for its largest German competitor failed.

World 21 Dec 2015 | 9:40 AM Premium

Germany's Vonovia says housing shortages set to worsen - Rheinische Post

FRANKFURT (Reuters) - Vonovia , Germany's largest real estate company, says there is an increasing shortage of affordable and adequate housing as a result of the massive influx of migrants into Europe's largest economy this year.