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

7,491

Floor area sqm

438,923

IFRS book value 09/30/2020 in EUR m

360.5

Inplace yield in %

6.7

Vacancy 09/30/2020 in %

7.3

Vacancy* 12/31/2019 in %

7.7

Net actual rent EUR/sqm

4.97

Reletting rent EUR/sqm

5.05

L-f-I rental-growth EUR/sqm (y-o-y) %

1.4

L-f-I rental-growth total** (y-o-y) %

2.5

Maintenance EUR/sqm

5.67

Capex EUR/sqm

21.46

 

as of 09/30/2020

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