CHICAGO: More German municipal housing companies are likely to seek capital market access as changing social housing policy increases their funding needs, Moody’s Public Sector Europe (Moody’s) said in a report published today.
The report, “Close Government Ties Underpin Credit Quality of German Social Housing Sector”, is now available on www.moodys.com.
“We expect housing companies to increasingly tap capital markets over the next few years, owing to growing housing demand in Germany’s larger cities and because of the German government’s renewed commitment to invest in social housing”, said Harald Sperlein, Vice President – Senior Analyst and a co-author of the report…