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 7,967
Floor area sqm 469,641
IFRS book value 12/31/2023 in EUR m 368,4
Gross yield in % 7.3
Vacancy 12/31/2023 in % 7.4
Vacancy 12/31/2022 in % 8.1
Net actual rent EUR/sqm 5.15
Reletting rent EUR/sqm 5.37
L-f-I rental-growth EUR/sqm (y-o-y) % 1.3
L-f-I rental-growth total* (y-o-y) % 1.9
Maintenance EUR/sqm 8.21
Capex EUR/sqm 22.43

as of 12/31/2023

* Incl. effects from vacancy reduction