Vonovia sees Berlin rent freeze hitting renovations, keeps guidance
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MUNICH (Reuters) - Berlin city government's plan to freeze rents for five years will hit renovations, but won't force Vonovia to change its profit forecast, the head of the German property company said. The city government's plan came after thousands of residents in April protested against surging rents and demanded the expropriation of more than 200,000 apartments sold off to big private landlords.Vonovia CEO Rolf Buch said his firm would not suffer financially from the rent freeze proposals,..