Fair value*

 

 

 

 

 

 

 

 

 

In-place rent

 

 

Regional market

 

(in € million)

 

(in €/m2)

 

In-place rent multiplier

 

Residential units

 

Living area (in thou. m2)

 

Vacancy (in %)

 

Total (p. a. in € million)

 

Residential (p a. in € million)

 

Residential (in €/m2)

 

Organic
change (in %)

 

Average market rent growth rating (in % p.a.)

*

Fair value of the developed land excluding € 1,356.8 million, of which € 405.1 million for undeveloped land and inheritable building rights granted, € 302.5 million for assets under construction, € 492.6 million for development and € 156.6 million for other.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Berlin

 

6,535.9

 

2,370

 

29.7

 

41,943

 

2,667

 

1.4

 

220

 

209

 

6.62

 

4.1

 

1.8

Rhine Main Area

 

3,949.6

 

2,199

 

22.8

 

27,673

 

1,766

 

1.3

 

173

 

168

 

8.05

 

4.4

 

1.8

Rhineland

 

3,424.5

 

1,743

 

20.8

 

28,839

 

1,915

 

2.4

 

165

 

157

 

7.02

 

3.7

 

1.7

Southern Ruhr Area

 

3,354.0

 

1,240

 

17.8

 

43,498

 

2,661

 

3.2

 

189

 

183

 

5.93

 

5.5

 

1.5

Dresden

 

3,104.1

 

1,360

 

19.1

 

38,424

 

2,184

 

2.9

 

163

 

153

 

6.02

 

3.9

 

1.7

Hamburg

 

2,456.2

 

1,915

 

22.9

 

19,842

 

1,253

 

1.3

 

107

 

103

 

6.93

 

3.9

 

1.6

Munich

 

2,050.6

 

3,132

 

31.7

 

9,679

 

637

 

0.7

 

65

 

61

 

8.04

 

4.4

 

1.8

Stuttgart

 

1,935.6

 

2,166

 

23.3

 

13,840

 

871

 

1.7

 

83

 

80

 

7.78

 

3.2

 

1.8

Kiel

 

1,909.9

 

1,371

 

18.7

 

23,376

 

1,345

 

1.9

 

102

 

97

 

6.14

 

4.7

 

1.6

Hanover

 

1,622.7

 

1,549

 

20.1

 

16,322

 

1,029

 

2.8

 

81

 

78

 

6.49

 

4.9

 

1.7

Northern Ruhr Area

 

1,566.8

 

956

 

14.3

 

26,277

 

1,623

 

3.1

 

110

 

106

 

5.63

 

4.7

 

1.2

Bremen

 

1,071.2

 

1,451

 

21.6

 

11,846

 

715

 

3.3

 

49

 

47

 

5.67

 

3.8

 

1.8

Leipzig

 

867.6

 

1,395

 

19.9

 

9,191

 

589

 

2.8

 

44

 

41

 

5.96

 

3.9

 

1.7

Westphalia

 

783.2

 

1,257

 

17.9

 

9,495

 

616

 

3.3

 

44

 

43

 

5.96

 

6.0

 

1.5

Freiburg

 

602.4

 

2,162

 

24.5

 

4,036

 

276

 

1.3

 

25

 

24

 

7.31

 

4.6

 

1.7

Other strategic locations

 

2,604.6

 

1,508

 

19.4

 

26,670

 

1,692

 

2.6

 

135

 

129

 

6.55

 

4.9

 

1.6

Total strategic locations Germany

 

37,838.9

 

1,689

 

21.6

 

350,951

 

21,837

 

2.3

 

1,754

 

1,679

 

6.56

 

4.4

 

1.7