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The property market in Dortmund
Dortmund is a case study in the Ruhr region's restructuring: former colliery and steel sites became technology and logistics locations, with Lake Phoenix the most visible example. Prices sit well below western German cities of comparable population, and gross yields correspondingly higher. The stock is heavily shaped by the 1950s to 1970s.
Dortmund is in the state of Nordrhein-Westfalen.