Insights · Market
Weak property business in Germany: companies cut jobs
2026-09-09 · Market · DE · Source: FAZ, retrieved on 2026-09-14
According to a commentary in the FAZ, business conditions in the German property sector are mixed. Union Investment plans to cut jobs in its real estate division over the next six years. Helaba reports a marked drop in profit and is reducing staff at its project developer OFB.
What this means for you
Buyers and borrowers should check how higher interest rates would affect a future refinancing of their loan. The financial stability of a developer or building company should also be verified before signing.
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