Erfurt
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 10,246
Floor area sqm 574,905
IFRS book value 12/31/2022 in EUR m 767.8
Gross yield in % 4.8
Vacancy 12/31/2022 in % 0.8
Vacancy* 12/31/2021 in % 1.3
Net actual rent EUR/sqm 5.44
Reletting rent EUR/sqm 5.77
L-f-I rental-growth EUR/sqm (y-o-y) % 1.0
L-f-I rental-growth total* (y-o-y) % 1.4
Maintenance EUR/sqm 6.22
Capex EUR/sqm 10.42

as of 12/31/2022

* Incl. effects from vacancy reduction