Dortmund
Dortmund

Rich in population. Rich in economic power

Its volume of production and services makes North Rhine-Westphalia the leading business hub in the German states. As Germany’s core industrial region, it is home to international corporations, but also to many SMEs, as well as big-name retail companies such as Aldi, Metro and Rewe. The steadily rising population and household figures reflect the state’s attractiveness and are particularly evident in the demand for residential real estate and associated rise in purchase prices and rents.

Units 3,680
Floor area sqm 230,707
IFRS book value 12/31/2024 in EUR m 299,8
Gross yield in % 5.5
Vacancy 12/31/2024 in % 1.3
Vacancy* 12/31/2023 in % 1.3
Net actual rent EUR/sqm 6.05
Reletting rent EUR/sqm 6.53
L-f-I rental-growth EUR/sqm (y-o-y) % 3.1
L-f-I rental-growth total* (y-o-y) % 3.2
Maintenance EUR/sqm 16.17
Capex EUR/sqm 16.43

as of 12/31/2024

* Incl. effects from vacancy reduction