German listed RE dominated by housing firms, G-REITs fizzled – blog

German listed RE dominated by housing firms, G-REITs fizzled – blog

24 October 2013, 08:33 PM

Activity in German listed real estate has been dominated by residential firms and these in reality make up the European quoted housing sector, a conference run by the German property association ZIA heard. But, writes PIE Managing Editor Allan Saunderson, they have achieved this without being REITs. G-REITs, once forecast to reach market cap of €69bn, have fizzled – and no upturn is in sight.

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