Chemnitz

Chemnitz

Chemnitz is the third-largest city in Saxony and one of Germany’s leading industrial and technology hubs. Sectors such as the automotive supply industry and mechanical engineering are growth engines for the economy.

Units 7,486
Floor area sqm 438,590
IFRS book value 12/31/2020 in EUR m 367.2
Inplace yield in % 6.7
Vacancy 12/31/2020 in % 6.9
Vacancy* 12/31/2019 in % 7.7
Net actual rent EUR/sqm 5.00
Reletting rent EUR/sqm 5.08
L-f-I rental-growth EUR/sqm (y-o-y) % 1.5
L-f-I rental-growth total** (y-o-y) % 2.3
Maintenance EUR/sqm 7.18
Capex EUR/sqm 28.48

as of 12/31/2020

* Excl. acquisitions 2019
** Incl. effects from changes in vacancy reduction