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| Office Rents and Yields: Flensburg | | € / qm | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Δ 18-23 | | city-centre | | prime rent | 8.5 | 8.5 | 8.7 | 9.0 | 9.6 | 10.0 | 10.0 | 10.0 | 11.0 | 11.0 | 11.0 | 10,0% | | average rent | 6.5 | 6.5 | 6.6 | 6.7 | 7.2 | 7.7 | 7.7 | 7.8 | 8.2 | 8.5 | 8.3 | 7,8% | | city-fringe | | prime rent | 6.5 | 6.5 | 6.5 | 6.7 | 7.0 | 7.4 | 7.3 | 7.3 | 7.5 | 7.8 | 8.0 | 8,1% | | average rent | 6.0 | 6.0 | 6.0 | 6.1 | 6.3 | 6.5 | 6.5 | 6.5 | 6.7 | 7.0 | 7.0 | 7,7% | | suburban | | prime rent | 5.8 | 5.8 | 5.8 | 5.8 | 6.0 | 6.4 | 6.4 | 6.4 | 6.5 | 6.5 | 6.0 | -6,3% | | average rent | 4.6 | 4.6 | 4.6 | 4.6 | 4.9 | 5.2 | 5.2 | 5.2 | 5.4 | 5.5 | 5.0 | -3,8% | | office agglomerations | | prime rent | 6.4 | 6.4 | 6.4 | 6.6 | 6.7 | 7.1 | 7.0 | 7.0 | 7.0 | 7.0 | 7.0 | -1,4% | | average rent | 5.9 | 5.9 | 5.9 | 6.0 | 6.0 | 6.2 | 6.2 | 6.2 | 6.3 | 6.5 | 6.5 | 4,8% | | net initial yields | | central locations | 7.0% | 6.7% | 6.5% | 6.5% | 6.0% | 5.7% | 5.6% | 5.6% | 5.5% | 5.7% | 6.1% | 0,4 | | suburban locations | 7.6% | 7.6% | 7.6% | 7.6% | 7.4% | 7.4% | 7.3% | 7.3% | 7.2% | 7.5% | 7.7% | 0,3 |
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