Like-for-like Rent Increases

The following tables provide an overview of the like-for-like rent increases in the company’s residential property portfolio.

 

 

 

 

 

 

 

 

Residential in-place rent like-for-like*

Dec. 31, 2017

 

Residential units

 

Living area (in thou. m2)

 

Residential in-place rent (p. a. in € million)

 

Dec. 31, 2016 (in €/m2)

 

Dec. 31, 2017 (in €/m2)

 

Change (in %)

 

 

 

 

 

 

 

 

 

 

 

 

 

*

The underlying portfolio has a fair value of € 29,240.8 million.

Strategic

 

319,014

 

19,817

 

1,470

 

6.08

 

6.34

 

4.2

Operate

 

101,697

 

6,311

 

484

 

6.29

 

6.55

 

4.2

Invest

 

217,317

 

13,507

 

986

 

5.99

 

6.24

 

4.2

Privatize

 

14,099

 

976

 

69

 

6.00

 

6.12

 

2.0

Sell

 

11,473

 

737

 

40

 

4.83

 

4.91

 

1.8

Total

 

344,586

 

21,530

 

1,580

 

6.04

 

6.29

 

4.1

 

 

 

 

 

 

 

 

Residential in-place rent like-for-like*

Regional Market

 

Residential units

 

Living area (in thou. m2)

 

Residential in-place rent (p. a. in € million)

 

Dec. 31, 2016 (in €/m2)

 

Dec. 31, 2017 (in €/m2)

 

Change (in %)

 

 

 

 

 

 

 

 

 

 

 

 

 

*

The underlying portfolio has a fair value of € 28,683.1 million.

Berlin

 

38,664

 

2,449

 

184

 

6.02

 

6.26

 

3.9

Rhine Main Area

 

27,921

 

1,781

 

162

 

7.42

 

7.71

 

3.8

Rhineland

 

29,753

 

1,992

 

159

 

6.65

 

6.90

 

3.8

Southern Ruhr Area

 

43,900

 

2,682

 

176

 

5.43

 

5.65

 

4.1

Dresden

 

38,563

 

2,193

 

148

 

5.47

 

5.78

 

5.7

Hamburg

 

16,534

 

1,048

 

85

 

6.55

 

6.85

 

4.6

Munich

 

9,708

 

639

 

59

 

7.50

 

7.70

 

2.6

Stuttgart

 

14,152

 

891

 

79

 

7.36

 

7.53

 

2.4

Northern Ruhr Area

 

26,532

 

1,640

 

102

 

5.19

 

5.38

 

3.6

Hanover

 

14,592

 

926

 

67

 

5.88

 

6.18

 

5.2

Kiel

 

13,801

 

802

 

55

 

5.49

 

5.81

 

5.7

Bremen

 

11,905

 

722

 

45

 

5.27

 

5.44

 

3.2

Leipzig

 

9,174

 

588

 

39

 

5.61

 

5.75

 

2.6

Westphalia

 

9,471

 

613

 

41

 

5.41

 

5.63

 

4.1

Freiburg

 

4,048

 

277

 

23

 

6.73

 

6.98

 

3.8

Other Strategic Locations

 

23,172

 

1,464

 

110

 

6.12

 

6.39

 

4.5

Total strategic locations

 

331,890

 

20,705

 

1,534

 

6.08

 

6.33

 

4.1