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

10,861

Floor area sqm

611,134

IFRS book value 03/31/2020 in EUR m

670.6

Inplace yield in %

5.5

Vacancy 03/31/2020 in %

3.3

Vacancy* 12/31/2019 in %

2.9

Net actual rent EUR/sqm

5.25

Reletting rent EUR/sqm

5.58

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

2.4

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

2.4

Maintenance EUR/sqm

1.67

Capex EUR/sqm

3.06

as of 03/31/2020

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