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 Thailand’s Central buys German luxury retail property KaDeWe

Thailand's Central Group has made a significant move in the global luxury retail landscape with its acquisition of the iconic KaDeWe property in central Berlin from the Austrian company Signa, which recently faced insolvency.

 Limiting rent in Germany extended until 2029

Lawmakers in the Traffic Light Coalition in Germany have decided to extend a law to cut rental prices until 2029, representatives said on Wednesday.