Europe’s largest landlord exposed to €8bn hit from Berlin apartment plans

Vonovia, Europe's largest landlord, faces an €8 billion potential hit due to proposed compulsory purchase of 120,000 of its Berlin apartments following the recent state election. The new proposals could force the company to buy back apartments at higher prices than they were sold, impacting its financial stability. This development underscores the growing tension between housing supply and the escalating demand in Germany's capital, potentially reshaping the real estate landscape and raising concerns about future investment strategies.