Erfurt
Erfurt

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

606,517

IFRS book value 09/30/2020 in EUR m

682.7

Inplace yield in %

5.5

Vacancy 09/30/2020 in %

2.7

Vacancy* 12/31/2019 in %

2.6

Net actual rent EUR/sqm

5.27

Reletting rent EUR/sqm

5.59

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

1.5

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

1.9

Maintenance EUR/sqm

4.50

Capex EUR/sqm

9.42

as of 09/30/2020

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