The cost of commercial and industrial real estate space for development is determined based on demand, availability of space and proximity to economic centers, among other things. Finding appropriate and available space in city areas will be far harder than in the surrounding areas, therefore it is no surprise that the cost is higher in city areas. In 2021, the cost of city area land in Munich was, on average 590 euros per square meter higher than that in the city's surrounding area.
Cost of land for commercial and industrial real estate space in Germany in 2021, by city
(euros per square meter)
The source added the following information "Land: commercial / industrial area, from 1 hectare, developed, contamination-free, virtually rectangular in shape."
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Statista. (August 6, 2021). Cost of land for commercial and industrial real estate space in Germany in 2021, by city (euros per square meter) [Graph]. In Statista. Retrieved May 18, 2022, from https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/
Statista. "Cost of land for commercial and industrial real estate space in Germany in 2021, by city (euros per square meter)." Chart. August 6, 2021. Statista. Accessed May 18, 2022. https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/
Statista. (2021). Cost of land for commercial and industrial real estate space in Germany in 2021, by city (euros per square meter). Statista. Statista Inc.. Accessed: May 18, 2022. https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/
Statista. "Cost of Land for Commercial and Industrial Real Estate Space in Germany in 2021, by City (Euros per Square Meter)." Statista, Statista Inc., 6 Aug 2021, https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/
Statista, Cost of land for commercial and industrial real estate space in Germany in 2021, by city (euros per square meter) Statista, https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/ (last visited May 18, 2022)
