At the end of last week, Allianz Real Estate and developer VGP announced that they would pause their logistics joint venture. The two companies cited limited transparency on pricing. They preferred to let the current market volatility sink in before completing any transaction. On Monday, VGP’s share price tanked.
Analysis
Expo Real: Limited Visibility and Further Price Corrections Cause Real Estate Investors to Pause
Market Offers No Upside
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