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Deutsche Bank CEO sees continued commercial property turmoil through 2024 - Vimarsana News

Deutsche Bank CEO sees continued commercial property turmoil through 2024

FRANKFURT (Reuters) - Deutsche Bank's chief executive officer said on Tuesday that he expects the current crisis in commercial real estate to continue in 2024 and that provisions for loan losses will be at the upper end of its projected range. Ther...

Source: wkzo.com
German home building permits tumble 27% in 2023 amid real-estate rout - Vimarsana News

German home building permits tumble 27% in 2023 amid real-estate rout

Building permits for apartments in Germany fell 27% in 2023, the statistics office said on Thursday, underscoring a downturn in demand in the construction and real estate industry. Some... -February 29, 2024 at 02:18 am EST - MarketScreener

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Allianz nearly doubles Q4 net profit, helped by health and life business - Vimarsana News

Allianz nearly doubles Q4 net profit, helped by health and life business

FRANKFURT -Germany's Allianz nearly doubled its fourth-quarter net profit from a year earlier, a figure that came in just slightly below expectations, figures on Friday showed.... -February 23, 2024 at 01:17 am EST - MarketScreener

Allianz nearly doubles Q4 net profit - Vimarsana News

Allianz nearly doubles Q4 net profit

FRANKFURT -Germany's Allianz nearly doubled its fourth-quarter net profit from a year earlier, a figure that came in just slightly below expectations, figures on Friday showed.... -February 23, 2024 at 01:17 am EST - MarketScreener

German bank PBB's office index dips further into "crisis" territory - Vimarsana News

German bank PBB's office index dips further into "crisis" territory

Germany's office market is in its bleakest state since early 2009 during the global financial crisis, an index by the property lender Deutsche Pfandbriefbank showed on Thursday....