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flag German bank Deutsche Pfandbriefbank's (PBB) shares decline over 3% amid U.S. commercial real estate market concerns and potential defaults.

flag On Friday, shares for German bank Deutsche Pfandbriefbank (PBB) continued their decline, dropping over 3%, amid concerns over the bank's exposure to the U.S. commercial real estate market. flag The decline follows an effort by the bank to reassure investors that it has enough funds to cope with a slump in the market. flag Recent challenges in the sector, including higher interest rates, refinancing difficulties, and lower office occupancy, have raised concern for potential defaults. flag PBB, which is heavily focused on the real estate industry, has experienced a 27% decline in shares so far this year.

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