US firm Barings to acquire Ireland's largest private landlord, rent hikes expected
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The Austrian city of Wiener Neustadt has sold over 1,600 municipal apartments for €64.1 million, with three-quarters of its housing stock now privatized. The ÖVP-led council cites high vacancy and investment needs as drivers, while the sale price exceeded market value. This marks a significant local policy shift toward privatization, potentially affecting housing affordability and municipal finances.
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