Heimstaden Bostad calls Germany 'uninvestable', withholds capital over Berlin expropriation plans

The head of Swedish real estate firm Heimstaden Bostad says proposals to seize privately owned apartments in Berlin have made Germany 'uninvestable'. Heimstaden is withholding fresh capital over Berlin's expropriation plans; it owns 20,000 apartments in the city worth about €5bn and estimates a potential €1bn loss.

Detected & updated continuously · Source: Nebula