The financing situation has deteriorated significantly for all segments. The sub-indicator reflecting the assessment of the financing situation in the retail sector, which was already at a low level before the COVID-19 crisis, has fallen particularly sharply. In contrast, the situation for logistics properties is assessed less negatively. The reason for this is the increase in e-commerce in recent months. These are the key findings of the DIFI Report, a quarterly survey on the commercial real estate financing market in Germany carried out by ZEW in cooperation with JLL.