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Opinions David Driscoll
Deutsche WohnenagDWNI.DEPAST TOP PICKJun 09, 2008
(A Top Pick Aug 16/07. Down 42%.) Concept was right because German real estate had not been rising. Housing prices are starting to fall. They acquired another REIT, took on debt and cancelled dividends. Sold his holdings.
$0.01
Stock price when the opinion was issued
$21.25
As of Aug 29, 2024. Market Open.
property mngmntinvestment
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(German exchange.) Real estate investment trust in Germany. While other countries real estate has risen, Germany's has gone nowhere. Stock has struggled because of a large acquisition they made and a heavy debt level. With the 6.8% yield, he is willing t
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(Only trades in Germany.) Real estate spin-off from Deutsche Bank. Have not enjoyed a boom in real estate and construction and infrastructure have lagged in Germany. Contrarian play based on an expected housing boom. 3.5% yield. Long-term hold.
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