After a February peak, Vonovia shares continue to rise - weekly winners in the real estate sector.

Another hopeful U.S. interest rate meeting continues to support real estate stocks, according to nine fairy tale creatures.

Stoxx Europe 600 Real Estate

The winner among European sectors thanks to double-digit growth on the weekly chart.

Rising interest rates to curb high inflation is poison for companies. Consequently, the index fell to its lowest level since 2012 in late October. However, the Federal Reserve's double pause on interest rates has led to a significant recovery.

Even Vonovia shares, whose share jumped to' 's highest level since February at 24.72 euros in early trading, are showing gains. Germany's largest residential real estate ownership group reported business figures and new real estate project sales of around 357 million euros for CBRE Investment Management. All in all, this German neighborhood is generating revenues of about 3.7 billion euros this year from the sale of residential properties and real estate interests.

"This is very positive news "," notes Borsist. "The reduction in liabilities is going well".