Vonovia is the mirror image of the completely misguided economic policy in Germany. The high interest rates, which are not their fault, over-regulation, the thousands of regulations as part of the net zero policy, rent caps and repeated expropriations have caused such serious damage to this sector that it will not be able to recover for years. Construction has come to an almost complete standstill
Don't forget their foreign investments into other markets - which is going to be an interesting ride. Sweden is going to cost them, for sure.
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Ohhhh yes. You're right. Let the games begin!
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