Corporate real estate
Young market segment with increasing dynamism
Floor space 2018
60,308 m² FS
Floor space turnover 2018
12 euro per m²
Peak rent office space
The commercial investment market has seen the addition of a young, but no less attractive investment alternative: corporate real estate. Corporate real estate is generally defined as mixed-use commercial properties with a typically mittelstand tenant structure. The mixed use incorporates office, warehouse, production, research, service and/or wholesale space. From the viewpoint of investors, the high reversibility of use and associated third-party utilisation as well as multi-tenant capability are benefits of this asset category.
The extensive supply of conversion sites and old industrial sites with administration and production areas mean that the Ruhr Metropolis has great potential for the further development of this real estate category. Many municipalities are already complaining of an increased shortage of supply for commercial sites. In addition, commercial use is constantly competing with other uses. One alternative could be corporate real estate.
The data for corporate real estate in Germany is collected and progressively updated by the Initiative Unternehmensimmobilien, a co-operation of the largest actors in this segment. Deviations from the data status of previous years arise as a result of the improved data situation and the expansion of real estate research in this still-young asset category. The figures have been adjusted retroactively.
In accordance with the current assessment, the corporate real estate floor space in the Ruhr Metropolis stood at 1.87 m m² at the end of 2018.
The increase in stock compared to the previous year can be traced to factors including the completion of the Quartier 231 in Oberhausen. The business park offers around 100,000 m² of flexible office, production and warehouse space.
Floor space turnover
The evaluation of floor space turnover in corporate real estate in the Ruhr Metropolis delivered an overall outcome of some 60,000 m² for 2018, clearly above the level of the previous year. In the regional breakdown Mülheim an der Ruhr sits at the top, thanks to a large-volume deal with Siemens for around 50,000 m². It is followed by Duisburg with around 7,100 m² and the district of Unna with approximately 2,000 m².
Overall, the shortage of supply for corporate real estate stands in contrast to a more avid demand for floor space.