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 10,121
Floor area sqm 572,152
IFRS book value 12/31/2024 in EUR m 660.7
Gross yield in % 5.8
Vacancy 12/31/2024 in % 0.6
Vacancy* 12/31/2023 in % 0.8
Net actual rent EUR/sqm 5.65
Reletting rent EUR/sqm 5.92
L-f-I rental-growth EUR/sqm (y-o-y) % 1.7
L-f-I rental-growth total* (y-o-y) % 1.9
Maintenance EUR/sqm 8.67
Capex EUR/sqm 14.44

as of 12/31/2024

* Incl. effects from vacancy reduction