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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (94044)8/29/2012 4:54:27 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 218660
 
Example - Ugly No Barrier for Apartment Sales in German Boom: Mortgages

With small windows, low ceilings and drab facades, the concrete apartment blocks favored by East Germany’s communist regime are known as Plattenbauten for their prefabricated panel construction. Now they are hot properties, caught up in a German real estate boom driven by foreign investors seeking a safe place to put their money.

A sale of 38,000 Dresden apartments owned by Fortress Investment Group LLC (FIG), many in the socialist-era estates, may be Germany’s next big residential deal after firms including New York-based Blackstone Group LP (BX) and Cerberus Capital Management LP made purchases that included Plattenbauten this year.

bloomberg.com

In my previous post I comment on RE investments - this example is pure speculation



To: TobagoJack who wrote (94044)8/29/2012 6:45:32 AM
From: THE ANT  Read Replies (1) | Respond to of 218660
 
A great book At least read the part on German optics
amazon.com



To: TobagoJack who wrote (94044)8/29/2012 10:16:18 AM
From: Amelia Carhartt  Read Replies (1) | Respond to of 218660
 
WOW! Wouldn't mind a ride on that! :)