German Commercial Real Estate

Schörghuber is active in many industries, but its best known product, Paulaner beer, accounts for about half its estimated annual sales of 1 point 2 billion euros. The family-owned group is currently repositioning itself.It plans to sell its aviation leasing company and invest more in its brewing business. Its hotel chain is recovering from the global financial crisis, and the first tenants are moving in to its new commercial properties in Munich.
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Jan 29 update In the UK, pubs are not doing very well during this economic crisis… 99p pint draws drinkers to Wetherspoon: www.guardian.co.uk Federal Reserve ready to buy assets as it keeps rates near zero: www.telegraph.co.uk Davos Update – Look for more ‘news’ to come out over the coming days. They’re starting to lead us all to a new set of reserve currencies. It will take some time for people to accept it; but what better way than to collapse our economies first? Russian prime minister Vladimir Putin calls for end of dollar stranglehold: www.telegraph.co.uk WEF 2009: China warns over protectionism: www.telegraph.co.uk US-China currency war eclipses Davos, and threatens the world: blogs.telegraph.co.uk BTW, thy really don’t have a clue either: blogs.reuters.com Sean O’Grady: We’ll get poorer faster than since Attlee’s time: www.independent.co.uk Canadian recession will be deeper: IMF: www.financialpost.com “Full” IMF forecast: www.imf.org Surge in number of fake pound coins: www.independent.co.uk German scheme sparks car dealer rush: www.ft.com Bitter end for 6700 staff as coffee retailer Starbucks shuts shops: www.telegraph.co.uk Finance concerns behind Government’s commercial property fund: business.smh.com.au Quick news updates: France braced for mass strikes: www.ft.com George Soros’s grand ideas… just what we need – more debt! Yippee! The game changer: www.ft.com
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