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Germany's Election: Industry looks for certainty as coalition talks begin

German politics is all about coalitions, and a conservative-liberal coalition is what the real estate industry had clearly hoped for in the federal electoral vote. This wish will probably come to pass, but in a slightly altered version and with some nightmare elements, writes Alexander Wachter, editor of CoStar's German sister publication Thomas Daily News.
By Dr Alexander Wachter
September 26, 2017 | 7:00 P.M.

Sunday night’s German election result ended with the CDU/CSU and the SPD still the two largest parties in the Bundestag, but with both smarting from a significantly reduced slice of the vote and with the re-elected Chancellor Angela Merkel now beginning complicated negotiations to form a coalition government that is able to operate effectively.

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