[HIGHLIGHTS] Additional cost shock for an insolvent real estate giant: “That can’t be the case for a two-room apartment”

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call the National Suicide Prevention Line on 1-800-273-8255. The stock corporation, which operates throughout Germany, owns a total of four residential buildings with 192 residential units in Neu-Isenburg. Shortly before Easter, the company, which manages real estate worth around four billion euros, filed for bankruptcy at the Wiesbaden district court. The proceedings are now being processed at the insolvency court in Frankfurt. Many tenants moved out immediately after the first cost increase. Now many apartments are empty.