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Germany set to become ‘too expensive’ in 2013, says Allianz

Posted on 15 October 2012

It is getting increasingly difficult to find affordable product in Germany due to the amount of capital chasing real estate, Stefan Brendgen, head of Allianz Real Estate Germany said on Wednesday at the Expo Real fair in Munich.
‘Some assets are getting too expensive, and there are some things that we just cannot do. I think this will be the topic in 2013 going forward,’ Brendgen said………………………………………..Full Article: Source


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