DZ HYP：德国2025年/2026年主要区域房地产市场报告（英文版）

The German Economic Institute describes structural change as a “significant shift in the economic structure”. This tends to be mainly associated with the closure of steel works and the phasing-out of coal mining. However, the property market is also heavily impacted, particularly in the office and retail segments which are the focus of this report. Mobile working and e-commerce are not the only factors that have led to a major shift in both quantitative and qualitative demand for these types