Grenke share falls to lowest level in more than two years.

Shares in Grenke have fallen to their lowest level in more than two years, amid concerns about the company's exposure to the troubled property market.

The German financial services company's share price has fallen by more than 50% since the start of the year, as investors have become increasingly worried about the impact of the coronavirus pandemic on the property market.

Grenke is a major provider of financing for small and medium-sized businesses, and it has a large portfolio of loans secured against commercial property. The company has been particularly hard hit by the collapse in the commercial property market, which has been caused by the pandemic.

In addition to its exposure to the property market, Grenke is also facing challenges from the wider economic downturn. The company's profits have been hit by the decline in business activity, and it has been forced to increase its provisions for bad debts.

Grenke's share price has been under pressure for several months, but the recent fall has been particularly sharp. On Monday, the company's share price fell by more than 10%, to a low of €12.50. This is the lowest level since October 2018.

The fall in Grenke's share price is a sign of the growing concerns about the company's outlook. Investors are worried about the company's exposure to the property market, and they are also concerned about the wider economic downturn.