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Top related persons:
Francesco Fedele - 2 Kai Pfaffenbach - 1 Olaf Scholz - 1 Wolfgang Schubert - 1 Raab - 1 Schubert - 1 Nicole Razavi - 1 Scholz - 1
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Frankfurt Germany United States Germany's Europe's China Razavi Sweden
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Thomson - 2 REUTERS - 1 Rights - 1 International Monetary Fund - 1 chancellery - 1 FRANKFURT - 1 Reuters Graphics - 1 Stifel - 1

Search resuls for: "Francesco Fedele"


2 mentions found


☆ Exclusive: German builders to confront Scholz with demands to stem property rout
  + stars: | 2023-10-13 | by ( Tom Sims John O'Donnell | Tom Sims | John O'Donnell | ) www.reuters.com   time to read: +4 min
Germany's property sector is in stress, underscoring a major change of fortune for real estate in Europe's largest economy after an end to the era of cheap money. REUTERS/Kai Pfaffenbach/File Photo Acquire Licensing RightsFRANKFURT, Oct. 13 (Reuters) - German Chancellor Olaf Scholz is facing fresh demands to stem a property crisis in Europe's largest economy after a recent summit aimed at rescuing the sector disbanded in acrimony. The industry's demands reflect alarm that Germany is being sucked further into a global property rout that has been most acutely felt in China. There is also concern that the government is dragging its feet after a contentious industry meeting with the chancellor on Sept. 25. The number of people employed in the building sector has begun to drop for the first time in a decade.
Persons: Kai Pfaffenbach, Olaf Scholz, Wolfgang Schubert, Raab, Schubert, Nicole Razavi, Scholz, Francesco Fedele, Kirsten Donovan Organizations: REUTERS, Rights, Reuters, International Monetary Fund, chancellery, Thomson Locations: Frankfurt, Germany, Germany's, Europe's, China, Razavi, United States
☆ Germany's struggling property sector in five charts
  + stars: | 2023-08-01 | by ( Tom Sims | Thomson Reuters | Covers German Finance With A Focus On Big Banks | ) www.reuters.com   time to read: +2 min
FRANKFURT, Aug 1 (Reuters) - Germany's property sector is under stress, prompting firms to call for government support, property developers to file for insolvency and share prices of landlords to plunge. Reuters GraphicsIt's just the latest in a flurry of indicators that show real estate in Germany is in a deep funk. "Many, many property developers at the moment are postponing projects or slowing them down," said Francesco Fedele, chief executive of BF.direkt, a property financing consultant. THE DAXVonovia, Germany's largest real estate group, serves as a bellwether for Germany's property sector. TRANSACTIONSGermany is the largest real estate investment market on the European continent.
Persons: Francesco Fedele, DAX Vonovia, Jones Lang LaSalle, Tom Sims, Holger Hansen, Ed Osmond Organizations: FRANKFURT, Reuters, Reuters Graphics, Stifel, Thomson Locations: United States, Sweden, Germany, Berlin, Frankfurt, Denmark, Europe
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