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Germany

German consumer sentiment at its highest level

German consumer sentiment at its highest level Market Analysis on behalf of Samer Hasn Market Analyst and part of the Research Team at XS.com The euro decreased slightly today by 0.06% against the US dollar at 6:30 am GMT, reaching 1.08509. The euro's attempt to recover today comes with the lowest levels of German consumer pessimism for more than two years, according to a GfK survey with...

SEDCO Capital achieves 30% IRR from office property sale in Germany

SEDCO Capital achieves 30% IRR from office property sale in Germany SEDCO Capital, a global Shariah compliant asset manager, has successfully exited German-based ABC West, a multi-let office property, realizing an Internal Rate of Return (IRR) of 30% for its investors. SEDCO Capital sold the property for €52.9 million compared to a purchase price of €29.4 million in 2017. ABC West is a 13,723 sqm of...
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