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Office vacancy

A Challenge for the German Real Estate Market

During the last 20 years office vacancies have become a visible problem of the German real estate market. Whereas the average vacancy rate of the biggest 125 German cities was one percent in 1990, it soared to 7.5 percent in 2010.

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Court ruling abolishes minimum wages in postal services sector

At the end of January 2010, the Federal Administrative Court declared that the previous German government’s decree on mandatory working conditions for mail delivery services was deficient.

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