Hedgefonds und Private Equity auf dem deutschen Wohnungsmarkt

The fortress Germany, which the German housing market has often been compared to, has lowered its drawbridges since the turn of the millennium. Since then, vast housing stocks worth billions have changed hands throughout Germany. But why are financial investors, mostly of Anglo-Saxon origin and often likened to ruthless return hunters, investing in apartments that are subject to stricter regulations in Germany? These investments offer stability in value but do not promise the returns that these investors typically expect and promise their clients. Have hedge funds and private equity firms discovered their social conscience? This book explains how financial investors operate and their strategies. It highlights the peculiarities of the German housing market and clarifies why investments in German apartments have become so lucrative for institutional investors despite all contradictions. It questions whether market trends are a result of this development and makes forecasts for future trends.