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German property market sees takeover surge

Germany's federal state structure means there are a number of cities - Berlin, Frankfurt, Hamburg, Munich or Stuttgart - that offer attractive opportunities to investors, said Christian Schulz-Wulkow, real estate specialist at EY.


GERMANY's real estate sector is riding a wave of mergers and acquisitions, as market players seek to take advantage of low interest rates and the relative lag in property prices compared with those in neighbouring countries.

Last week, the sector's number one Vonovia