Dortmund
Dortmund

This westernmost state in Germany is still the most densely populated in the country, with a total of approximately 18.0 million inhabitants as of December 2018. They ensure that North Rhine-Westphalia, with a gross domestic product of approximately EUR 690 billion and an unemployment rate of 6.4%, counts economically among the leading German states. No state in Germany boasts a higher trade volume. North Rhine-Westphalia is the most important energy location in Germany, and one of the most significant energy regions in Europe. Aside from its function as a trade fair and chemicals location, the region also hosts a large number of media and communications companies.

Units

4,186

Floor area sqm

266,405

IFRS book value 12/31/2018 in EUR m

290.3

Inplace yield in %

5.8

Vacancy 12/31/2018 in %

1.9

Vacancy 12/31/2017 in %

2.9

Net actual rent EUR/sqm

5.38

Reletting rent EUR/sqm

5.58

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

1.4

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

1.6

Maintenance EUR/sqm

13.87

Capex EUR/sqm

7.23

 

as of 12/31/2018