Romeo Full Staff

German Bank Prepares for the Worst Property Crisis Since 2008

QNavyBy
0
Post Views: 241

A German bank says it’s preparing for the worst property crisis since ’08 as commercial real estate distress spreads worldwide Deutsche Pfandbriefbank warned that the commercial real estate sector faces a crisis on par with the 2008 downturn. Phil Rosen Feb 13, 2024 Deutsche Pfandbriefbank AG said it’s bracing for an ongoing decline in commercial real estate. It called the downturn “the greatest real estate crisis since the financial crisis.”  Shares of the German bank have declined about 25% year-to-date. Signs of commercial real estate distress continue to mount, with the latest warning coming from German lending giant Deutsche Pfandbriefbank AG. In…

This content is for Q17c Membership, Classified Membership, and LifeTime Patriot Membership members only.
Join Now
Already a member? Log in here
QNavy
QNavy is a pool of 3 former Navy Officers, U.S. Navy & French Navy, who served proudly their countries, specialized in conflict analysis as per their respective skills & experience on Special Ops. #NavyVetUnited

Dow Drops Over 500 Points as Inflation Dents US Rate-Cut Hopes

Previous article

“Key Piece” – MarkZ Evening Intel Stream Highlights 2-13-24

Next article

You may also like

Comments

Comments are closed.

More in Romeo Full Staff