Rent freeze in Berlin ends calls for expropriation, but may spark disinvestment

Berlin’s rent freeze may spark disinvestment, according to the city’s largest landlord. Deutsche Wohnen CFO Philip Grosse said in an interview with Bloomberg that the firm is holding off on construction in Berlin, and instead will look to other cities to make new investments. The company said earlier this month that limits on raising rents and potential mandated rent cuts put cash flow at risk. The damage done to its bottom line, the landlord calculated,

source https://therealdeal.com/2019/11/29/rent-freeze-in-berlin-ends-calls-for-expropriation-but-may-spark-disinvestment/