Chemnitz
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 8,009
Floor area sqm 470,769
IFRS book value 12/31/2022 in EUR m 407.3
Gross yield in % 6.5
Vacancy 12/31/2022 in % 8.1
Vacancy 12/31/2021 in % 8.7
Net actual rent EUR/sqm 5.08
Reletting rent EUR/sqm 5.13
L-f-I rental-growth EUR/sqm (y-o-y) % 1.4
L-f-I rental-growth total* (y-o-y) % 2.4
Maintenance EUR/sqm 7.52
Capex EUR/sqm 18.82

as of 12/31/2022

* Incl. effects from vacancy reduction