Reuters: Germany's biggest landlords seek to reassure Berliners over $22 bln merger

Reuters: Germany's biggest landlords seek to reassure Berliners over $22 bln merger

"Germany's two biggest listed landlords Vonovia and Deutsche Wohnen have agreed to join forces in an 18 billion euro ($22 billion) deal they hope will defuse tensions over soaring rents ahead of general elections in September. (...)

Fabio De Masi, a parliamentarian from the left-wing Linke party that is part of Berlin's city government, urged the competition authorities to block it.

"The housing market is broken," he said in a statement. (...)"