FRANKFURT (dpa-AFX) - Falling capital market interest rates shortly before the eagerly awaited meeting of the US Federal Reserve led to firmer prices in the real estate sector on Wednesday. In the Dax, Vonovia was in second place with a plus of 2.3 percent behind the shares of Sartorius. The MDax was led by TAG Immobilien, which rose by 3.7 percent following a buy recommendation from the bank HSBC. LEG Immobilien gained 1.7 percent.

The bond markets have recently returned to a positive trend, with yields falling accordingly. The yield on ten-year US government bonds fell to its lowest level since the middle of the month. The yield on ten-year German government bonds also fell following a surprisingly sharp drop in import prices in December.

The real estate sector tends to benefit from low capital market interest rates. They make acquisitions and the refinancing of companies cheaper. In addition, shares in real estate companies are an investment alternative to bonds in market phases with low interest rates./bek/jha/