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FIGCovered Bonds

Properties, not rent caps, say Pfandbrief banks

Berlin Germany housing apartment from Adobe 230x150

The Association of German Pfandbrief banks (VDP) has criticised a Berlin local government decision to cap rents, which it believes will hit investor confidence and lower construction activity. Despite these concerns, the outlook for Pfandbrief supply is positive and remains underpinned by solid fundamental factors.

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