{
  "id": 9245728,
  "title": "DWS real estate chief Clemens Schäfer: The mood is \"close to the lows of 2022 and 2023\"",
  "url": "https://urgent.news/2026/09/23/dws-immobilienchef-clemens-schafer-die-stimmung-liegt-nahe-den",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-23T02:06:50.000Z",
  "source": {
    "name": "Handelsblatt",
    "slug": "handelsblatt",
    "url": "https://www.handelsblatt.com/finanzen/immobilien/immobilien-die-stimmung-liegt-nahe-den-tiefstaenden-von-2022-und-2023/100256223.html"
  },
  "original_language": "de",
  "account": "DWS, a German investment company, has announced further property sales from three of its large open-ended real estate funds due to investor withdrawals. The company's head, Herr Schäfer, attributes this to a challenging market environment, citing rising interest rates and inflation concerns triggered by the Iran conflict and attacks on Saudi Arabia's pipeline. Schäfer notes that while rental markets remain robust, the investment market is experiencing difficulties, with a potential decline in property valuations if interest rates remain high. The company is preparing to activate liquidity management tools, including partial redemption of shares, but rules out suspending redemptions or imposing a penalty on withdrawals.",
  "summary": "DWS real estate expert Clemens Schäfer talks about the challenges of open-ended real estate funds, the financing problems of the industry and the divided office market.",
  "key_points": [
    "DWS-Immobilien CEO warns of potential slowdown in real estate sales.",
    "Fund withdrawals and transparency impact market conditions.",
    "Rental market shows strong demand and rising rents."
  ],
  "editors_take": "The warning by DWS-Immobilien's Clemens Schäfer signals that investors are regaining control over the real estate market, shifting it towards a new normal without central bank support.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}