Financing and valuation problems of the east German real estate market
Language: English Series: Real Estate Review ; 34(1) Spring 2005, 17-38(22)Publication details: 2005Subject(s): Summary: Discusses the conditions in the housing market in east Germany which is suffering from poor vacancy rates and declining prices and revenue. Focuses on the impact of valuation methodology and financial account and factors specific to the east German real estate markets. The article is based on the premise that market-driven valuation and financing were never applied to east German real estate transactions. Concludes with a critical assessment of the financing practices involving east German real estate projects following the demise of the former East Germany. [Taken from journal abstract].| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L130047 (Browse shelf(Opens below)) | 1 | Available | 130047-1001 |
Discusses the conditions in the housing market in east Germany which is suffering from poor vacancy rates and declining prices and revenue. Focuses on the impact of valuation methodology and financial account and factors specific to the east German real estate markets. The article is based on the premise that market-driven valuation and financing were never applied to east German real estate transactions. Concludes with a critical assessment of the financing practices involving east German real estate projects following the demise of the former East Germany. [Taken from journal abstract].