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Apartment market in Germany builds

Posted on 09 May 2013

The firm that owns more rental apartments than any other closely held company in Germany is getting nearer to an initial public offering, hoping to cash in on rising rents and demand for a stock with the potential to offer attractive yields in a low-interest-rate environment.
But the timing might have been better if Deutsche Annington Immobilien GmbH had moved earlier. The company, which owns about 200,000 apartments, mostly in Germany’s central and western regions, is planning to go to market in early July with its IPO………………………………….Full Article: Source


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