FRANKFURT, March 14 (Reuters) - Vonovia, Germany's largest real estate group, on Thursday reported a 6.76 billion euro ($7.35 billion) loss for 2023, the latest sign of stress in the nation's struggling property sector.
That compares with a year-earlier loss of 669.4 million euros, before which the company experienced years of profit, going back to at least 2010, according to LSEG data.
Germany is undergoing a major change of fortune after an end to the era of cheap money that fed a decade-long property boom.
($1 = 0.9187 euros)
Reporting by Tom Sims and Matthias Inverardi Editing by Riham Alkousaa, Kirsten Donovan
Source: Reuters