www.mediafax.ro/economic/planul-de-nationalizare-c
Vonovia, Europe's largest residential property owner, faces potential losses exceeding €8 billion due to Berlin's plans to nationalize apartments. The left-wing party Die Linke, after winning regional elections, is negotiating with SPD and Greens to transfer over 140,000 apartments to public ownership to address the city's housing crisis. Proposed compensation is significantly below market value, risking over €11 billion in losses for major real estate firms. The plan, based on an unused constitutional provision, could see companies with over 10,000 apartments forced to comply. Vonovia's shares have dropped, and its CEO argues the plans are unconstitutional, emphasizing the need for legal stability in addressing Germany's housing shortage.