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German banks brace for further pain as commercial real estate valuations tumble

German banks brace for further pain as commercial real estate valuations tumble

Bloomberg | | Posted by Singh Rahul Sunilkumar German’s top bank watchdog warned that lenders with large exposures to commercial real estate are in store for more pain as valuations for such assets are set to tumble further. Germany's property sector is under stress, underscoring a major change of fortune for real estate in Europe's largest economy after an end to the era of cheap...

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