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ROUNDUP: Consortium around former Kaufhof owner wants to take over Galeria ESSEN - A consortium consisting of the US investment company NRDC Equity Partners and the entrepreneur Bernd Beetz. ....
A Slow-Motion Property Crash in Germany Is a Bigger Threat to Banks Than US CRE bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) As fears about US commercial real estate roiled German banks this month, their message was clear: don’t worry, the vast majority of our property exposure is domestic. Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniA Spike in Heart Disease Deaths Since Covid Is Puzzling ScientistsFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Philanthropist, Dies at 87That may not prove the comfort it seems.While the count ....
Siemens Energy shares fell by up to 36 percent on Thursday morning after confirmation of talks with the German government on guarantees. Such high price losses are highly unusual for shares listed on. ....