Retail Rents and Yields: Flensburg
€ / sqm	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	Δ 18-23
city-centre, prime pitch (1a-Lage)
prime rent	78.0	80.0	82.0	85.0	85.0	87.0	85.0	81.0	73.5	68.0	65.0	-25.3%
average rent	48.0	48.0	48.0	50.0	52.0	53.0	52.0	50.5	48.5	46.5	44.5	-16.0%
city, secondary location (1b-Lage)
prime rent	35.0	35.0	35.0	35.0	36.0	37.0	38.0	36.5	34.0	32.0	30.0	-18.9%
suburban (Stadtteillage)
prime rent	20.0	20.0	20.0	20.0	20.0	20.0	19.0	19.0	18.0	17.0	17.0	-15.0%
average rent	11.5	11.5	11.5	11.5	11.5	11.5	11.5	11.5	11.0	10.5	10.5	-8.7%
net initial yields
prime location	6.9 %	6.6 %	6.4 %	6.0 %	5.4 %	4.9 %	4.6 %	4.6 %	4.7 %	5.0 %	5.4 %	0.5
retail parks	7.9 %	7.7 %	7.4 %	7.0 %	6.6 %	6.1 %	5.7 %	5.4 %	5.2 %	5.5 %	5.7 %	-0.4