Boom-Era Property Debt Sparks German Apartment Sales GERMA

Boom-Era Property Debt Sparks German Apartment Sales GERMA

Adam Berry/Bloomberg

There were 2.9 billion euros of apartment property transactions in the first quarter alone, more than three times the amount a year earlier, and the total this year may exceed 6 billion euros, the most since 2007, according to estimates by London-based real estate broker Savills Plc.