Berlin May Vote on Expropriating Landlords Amid Tenant Ire
- Years of rising rents trigger successful referendum campaign
- Local turmoil played into Vonovia’s bid for Deutsche Wohnen
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Berlin’s local government faces the prospect of being forced to buy out large landlords such as Vonovia SE after activists said they collected enough signatures to get a referendum on the ballot in September.
Campaign organizers said on Friday they had more than 343,000 signatures, exceeding what they said was a threshold of 175,000. The milestone was announced at a rally outside Berlin’s interior ministry.