000 01183cab a2200205 4500
001 L130047
008 050617n2005 000 0 eng u
035 _a(Sirsi) u130047
041 _aeng
100 _aWuntsch, Michael von
245 _aFinancing and valuation problems of the east German real estate market
260 _c2005
490 _aReal Estate Review
_v34(1) Spring 2005, 17-38(22)
520 _aDiscusses 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].
590 _aIKA210605
690 _aPROPERTY-RESIDENTIAL PROPERTY-RESIDENTIAL PROPERTY MARKET
700 _aKnacke, Georg
700 _aNeumann, Gerhard
942 _n0
999 _c75418
_d75418