Abstract
The Federal Republic of Germany is a federalist country with 16 federal states. Owing to this structure, Germany does not have any economic monocultures but economic polycultures. In the real estate industry, we therefore talk of five major office centres (Immobilienhochburgen) in Germany, which are all, without exception, in the old West Germany, i.e. in states which were already part of the Federal Republic of Germany before German reunification. From 2007, the cities of Cologne and Stuttgart were also included in this group.
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For the five locations Berlin, Dusseldorf, Frankfurt am Main, Hamburg, Munich, As at: 31.12.2010.
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© 2012 Springer-Verlag Berlin Heidelberg
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Mütze, M., Abel, M. (2012). Profitability Aspects of the Investment. In: Mütze, M., Senff, T., Möller, J. (eds) Real Estate Investments in Germany. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-19100-8_3
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DOI: https://doi.org/10.1007/978-3-642-19100-8_3
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Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-19099-5
Online ISBN: 978-3-642-19100-8
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