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German commercial property prices post biggest-ever drop

By Inquirer - 9 months ago
FRANKFURT  —German commercial property prices fell 12.1 percent in the final three months of 2023 compared with a year earlier in their biggest-ever drop, the VDP banking association said on Monday, as the nation’s struggling property industry suffers its worst crisis in decades. For the full year, commercial real estate prices dropped 10.2 percent ,

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