Since 2019, the rent of retail real estate has decreased across most German markets. In Munich, which was the most expensive city in Germany for renting prime retail real estate, the prime rent fell from 345 to 300 euros per square meter between 2019 and 2023. Meanwhile, Dusseldorf and Frankfurt completed the top three with monthly rents of 262 euros per square meter and 260 euros per square meter in 2023, respectively.
Monthly net prime retail real estate rent in Germany from 2019 to 2023, by city
(in euros per square meter)
Characteristic
2019
2020
2021
2022
2023*
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The source adds the following information: "The prime rent represents a mean of the 3-5% of all lettings in a market, and the figure given is therefore not the absolute top rent realised"
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DZ Bank. (February 27, 2023). Monthly net prime retail real estate rent in Germany from 2019 to 2023, by city (in euros per square meter) [Graph]. In Statista. Retrieved September 01, 2024, from https://www.statista.com/statistics/1135728/prime-retail-real-estate-rent-in-germany/
DZ Bank. "Monthly net prime retail real estate rent in Germany from 2019 to 2023, by city (in euros per square meter) ." Chart. February 27, 2023. Statista. Accessed September 01, 2024. https://www.statista.com/statistics/1135728/prime-retail-real-estate-rent-in-germany/
DZ Bank. (2023). Monthly net prime retail real estate rent in Germany from 2019 to 2023, by city (in euros per square meter) . Statista. Statista Inc.. Accessed: September 01, 2024. https://www.statista.com/statistics/1135728/prime-retail-real-estate-rent-in-germany/
DZ Bank. "Monthly Net Prime Retail Real Estate Rent in Germany from 2019 to 2023, by City (in Euros per Square Meter) ." Statista, Statista Inc., 27 Feb 2023, https://www.statista.com/statistics/1135728/prime-retail-real-estate-rent-in-germany/
DZ Bank, Monthly net prime retail real estate rent in Germany from 2019 to 2023, by city (in euros per square meter) Statista, https://www.statista.com/statistics/1135728/prime-retail-real-estate-rent-in-germany/ (last visited September 01, 2024)
Monthly net prime retail real estate rent in Germany from 2019 to 2023, by city (in euros per square meter) [Graph], DZ Bank, February 27, 2023. [Online]. Available: https://www.statista.com/statistics/1135728/prime-retail-real-estate-rent-in-germany/