EPRA Vacancy Rate
The calculation of the EPRA Vacancy Rate is based on the ratio of the estimated market rent for the vacant residential properties to the estimated market rent of the residential property portfolio, i.e., the vacancy rate shown in the management report is valued based on the market rent for the residential properties.
As of the end of 2023, our apartments were again virtually fully occupied. The EPRA Vacancy Rate fell to 1.9% (previous year: 2.0%).
EPRA Vacancy Rate
in € million | Dec. 31, 2022 | Dec. 31, 2023 | Change in % | |||
Market rent of vacant apartments | 66.9 | 66.9 | – | |||
Market rent of residential property portfolio | 3,398.1 | 3,512.5 | 3.4 | |||
EPRA Vacancy Rate in % | 2.0 | 1.9 | -0.1 pp | |||