Commercial rent index of the Chamber of Commerce and Industry (IHK) Chemnitz
Every two years, the IHK Chemnitz publishes a commercial rent index for the independent city of Chemnitz as well as for municipalities of the districts of Central Saxony and Zwickau, Erzgebirge and Vogtland.
Why is a commercial rent index helpful?
Rents for commercial properties are freely negotiable. They are determined by supply and demand. Despite the freedom in setting and negotiating them, rents remain one of the major cost factors for businesses. The question of an appropriate level of rent therefore comes up time and again. Owners, consultants, brokers, developers, evaluators and judges as well as potential tenants often seek benchmarks as a basis for assessments and decisions.
There was only sparse information about commercial rents for the IHK district of Chemnitz until now.
Ilona Roth, Managing Director of Trade/Services at IHK Chemnitz, assesses the value of the publication, in addition to individual case-based support, as follows: “In view of the numerous queries and the importance of the information for investors and decision-makers, a rent index like this is a key component for greater market transparency.”
What is the rent index based on?
The basis for the commercial rent index is reliable information from regional market participants from the following situations:
• conclusion of new contracts,
• automatically (passively) or separately (actively) agreed extension of existing contracts or
• rent adjustment from an indexation that has been enforced/a graduated rent agreement that has taken effect.
• conclusion of new contracts,
• automatically (passively) or separately (actively) agreed extension of existing contracts or
• rent adjustment from an indexation that has been enforced/a graduated rent agreement that has taken effect.
This meets the objective of portraying rents without influence from desired rents.
The rent index is a simple collection of rental prices. This means that all data can be taken into account and guide values reported for a larger number of local authorities. The level of detail varies depending on the city.
Rental price data is supplemented by, for example, location-specific figures.
Detailed information on the current rent index
Type: simple rent index (rental price collection)
Scope: 60 pages
Places included:
Annaberg-Buchholz, Aue, Bad Elster, Brand-Erbisdorf, Chemnitz, Crimmitschau, Elsterberg, Frankenberg, Freiberg, Hohenstein-Ernstthal, Lengenfeld/V., Limbach-Oberfrohna, Lößnitz, Mittweida, Oelsnitz/E., Oelsnitz/V., Plauen, Reichenbach/V., Schwarzenberg, Zwickau
Annaberg-Buchholz, Aue, Bad Elster, Brand-Erbisdorf, Chemnitz, Crimmitschau, Elsterberg, Frankenberg, Freiberg, Hohenstein-Ernstthal, Lengenfeld/V., Limbach-Oberfrohna, Lößnitz, Mittweida, Oelsnitz/E., Oelsnitz/V., Plauen, Reichenbach/V., Schwarzenberg, Zwickau
Data provided:
population, trade tax rate, real estate tax rate B, purchasing power, retail purchasing power, centrality, rental bands (where specified), underlying rental units
population, trade tax rate, real estate tax rate B, purchasing power, retail purchasing power, centrality, rental bands (where specified), underlying rental units
Additional information:
shop check, office/practice check, FAQs on commercial rents
shop check, office/practice check, FAQs on commercial rents
Publication date: 07/2016
Cost: €20 (incl. shipping)
Format: print – order with the following form (nicht barrierefrei, PDF-Datei · 151 KB)