Erfurt

Important German transportation hub

As the capital of Thuringia, Erfurt offers good infrastructural conditions, which contributes to its attractiveness as a business location, and is home to well-known companies such as Zalando, Siemens and Deutsche Post.

Units 10,780
Floor area sqm 606,473
IFRS book value 12/31/2020 in EUR m 706.4
Inplace yield in % 5.3
Vacancy 12/31/2020 in % 2.5
Vacancy* 12/31/2019 in % 2.5
Net actual rent EUR/sqm 5.32
Reletting rent EUR/sqm 5.61
L-f-I rental-growth EUR/sqm (y-o-y) % 1.6
L-f-I rental-growth total** (y-o-y) % 2.0
Maintenance EUR/sqm 6.14
Capex EUR/sqm 12.00

as of 12/31/2020

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