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Duesseldorf-based Gerch, founded in 2016 and with a current project volume valued at 4 billion euros ($4.3 billion), said in a statement the move was "due to imminent inability to pay".
The German property industry will ask the government for multi-billion euro support at a meeting with Chancellor Olaf Scholz, people familiar with the matter said, as gloom engulfs the nation's...
The German property industry will ask the government for multi-billion euro support at a meeting with Chancellor Olaf Scholz, people familiar with the matter said, as gloom engulfs the nation's...
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The meeting of politicians, ministries and industry at the chancellery is scheduled for Sept. 25 and will discuss a housing shortage in Germany, a property crisis exacerbated by a collapse in prices