PIE Events
- German Property Breakfast
14 February 2012
Stockholm
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22 February 2012
London
- Central and Eastern Europe Real Estate Conference
03-04 May 2012
Vienna, Austria
GSW IPO failure may be correct response from capital markets
The international community has identified good reasons for the failure of the initial public offering of Berlin-based housing company GSW. However, the story does not consider the modern theory of finance where each asset has a pricing independent from the usage of financial vehicles, writes by Ramón Sotelo, University of Weimar, in a PIE column.