A corner of Europe’s capital markets that up to now has offered both stability and growth — German housing companies — has been thrown into turmoil by a five year rent freeze on all housing, proposed by the State of Berlin, write Silas Brown, Aidan Gregory and Jon Hay.
“The only thing we talk to investors about is that topic,” said the chief executive of a German housing company with exposure to Berlin. “Investors are as disappointed as we are that the State of Berlin is changing the good laws we have in Germany, which is free
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