Rostock
Rostock

With its location on the Baltic Sea and well-developed infrastructure, Mecklenburg-Western Pomerania‘s biggest city Rostock is an attractive business location. The Hanseatic city is regarded as a centre for interregional trade, administration, trade shows, culture, education, and services, as well as a growing university town. The newly created innovation centre is intended to further substantiate the economic uptrend.

Units

7,980

Floor area sqm

452,371

IFRS book value 03/31/2020 in EUR m

477.4

Inplace yield in %

6.0

Vacancy 03/31/2020 in %

4.4

Vacancy* 12/31/2019 in %

3.6

Net actual rent EUR/sqm

5.54

Reletting rent EUR/sqm

5.96

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

1.6

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

2.2

Maintenance EUR/sqm

2.90

Capex EUR/sqm

5.14

as of 03/31/2020

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