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Germany: Austrian Real Estate Enterprises under Pressure

People ♦ Published: November 25, 2013; 12:53 ♦ (Vindobona)

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Austrian real estate companies have invested hundreds of millions Euros in apartments in Germany since yields are around 30 percent higher; however the German government plans on putting a hold to the upward trend.

Germany: Austrian Real Estate Enterprises under Pressure / Picture: © Vindobona.org

Austrian real estate companies like Conwert and Immofinanz have invested hundreds of Euros in the real estate market in Germany this year since returns of investments are 30 percent higher. Moreover there has been an upside potential up to now which is why many real estate companies changed their portfolio and started focusing on the German real estate market. However, the German…