German real estate industry hits out at Berlin’s coronavirus plan

real estate
Real estate

dpa/GNA – Germany’s real estate industry has lashed out at Berlin over its handling of the coronavirus crisis claiming the government is acting without a strategy and against the interests of the population.

“The planned extension of the lockdown by one month must not come without additional aid for the companies threatened with ruin,” said the president of the leading real estate association Zentraler Immobilien Ausschuss (ZIA), Andreas Mattner on Monday.

He was speaking ahead of Monday’s meeting between Chancellor Angela Merkel and the 16 state premiers on plans for containing a surge in new coronavirus cases, including extending the current lockdown until April 18.

Mattner said it was incomprehensible that the government alone and against the advice of a majority of experts is focused only on gauges measuring the incidence of new cases.
“Germany is striding haphazardly into a difficult future,” Mattner said.

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