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Huge drop in prices forecast

Language: English Series: EuroProperty ; June 1993, 2(1)Publication details: 1993Subject(s): Summary: The East German market could see a flood of cheap out-of-town property as gold rush investors struggle to cover costs and sell off new acquisitions. Foreign investors are among the worst hit by the slump in the German commercial property market according to research by "Stern".

The East German market could see a flood of cheap out-of-town property as gold rush investors struggle to cover costs and sell off new acquisitions. Foreign investors are among the worst hit by the slump in the German commercial property market according to research by "Stern".