Rich in population. Rich in economic power

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