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BERLIN (Reuters) -A majority of voters in Berlin wants city hall to expropriate major landlords such as Vonovia and Deutsche Wohnen to help reduce rents in the German capital, provisional referendum results showed on Monday.
FRANKFURT (Reuters) - Germany's upcoming national election is likely to show the most fragmented outcome in decades and markets could struggle to work out the implications for stocks, with one exception: if you score low on green technology you face trouble.
FRANKFURT: German real estate company Vonovia is launching a fresh attempt to buy rival Deutsche Wohnen with a sweetened bid valuing the company at 19.1 billion euro (US$22.7 billion), it said on Sunday.
Global M&A hits record highs with $1.5 trillion of Q2 deals
FRANKFURT: Europe’s largest residential property group Vonovia SE said it agreed to take over its closest German rival Deutsche Wohnen for about 18 billion euros ($22 billion) to better shoulder future investments in heat insulation.
LONDON (Reuters) - It's rare for German elections to be exciting, market-moving events but the one on Sept. 26 may prove the exception if its outcome completes the transformation of a nation long wedded to austerity into a big spender.
GERMANY’S highest court ruled Thursday that a cap on rent prices implemented last year by Berlin’s left-wing state government is unconstitutional and void, fueling an explosive political issue in an election year.