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Real Estate Briefing - Categorized | Developers, Europe more

Developers cash in on Europe’s poorest

Posted on 08 March 2013

International financial investors have spent billions to gobble up cheap real estate in Berlin. But a look at Scharnweberstrasse 111 shows how they and their ruthless middlemen are exploiting immigrants from Southeastern Europe to make profits.
Their offices are in places where a lot of money is turned into even more money: in Luxembourg, the City of London and on Lake Geneva. They deal in shares of companies in Asia and Africa, and in real estate in Europe. They own more than 6,000 apartments in Berlin. Narghita lives in one of them………………………………………..Full Article: Source

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