Vonovia Sharply Criticizes Berlin’s Possible Apartment Expropriation Plans
15 Articles
15 Articles
Property giant Vonovia 'concerned' over Berlin left's housing plans
Europe's leading corporate landlord Vonovia said Wednesday it was "concerned" at plans by Berlin's possible incoming far-left led city administration to expropriate apartments to tackle the city's housing crisis. "Of course, we are concerned about plans to nationalise housing owned by private companies," Vonovia CEO Luka Mucic told reporters Wednesday during a conference call on the company's third-quarter results.
In the capital, the party wants to merge the apartments of the Dax Group. Head of the company Mucic does not fit at all – and now interest rates are also rising.
Westfalenpost
Luka Mucic considers the socialization of apartments to be false and legally questionable. Renter Association NRW: "Business model Vonovia is at the end
Vonovia sharply criticizes Berlin’s possible apartment expropriation plans
Germany's largest landlord Vonovia VNAn.DE on Wednesday sharply criticized the possible expropriation of apartments by a new state government in Berlin, calling it the "wrong way to go" and highly questionable legally.
Vonovia CEO Luka Mucic warns of the consequences of the socialization plans in Berlin. Why he sees no answer to the housing shortage.
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