The cost of commercial and industrial real estate space for development is determined based on demand, availability of space and proximity to economic centers, among other things. Finding appropriate and available space in city areas will be far harder than in the surrounding areas; therefore, it is no surprise that the cost is higher in city areas. In the fourth quarter of 2024, the cost of city area land in Munich was on average 535 euros per square meter, higher than that in the city's surrounding area.
Cost of land for commercial and industrial real estate space in Germany in 2nd quarter 2024, by city
(euros per square meter)
The source added the following information "Land: commercial / industrial area, from 1 hectare, developed, contamination-free, virtually rectangular in shape."
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Statista. (November 22, 2024). Cost of land for commercial and industrial real estate space in Germany in 2nd quarter 2024, by city (euros per square meter) [Graph]. In Statista. Retrieved March 08, 2025, from https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/
Statista. "Cost of land for commercial and industrial real estate space in Germany in 2nd quarter 2024, by city (euros per square meter)." Chart. November 22, 2024. Statista. Accessed March 08, 2025. https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/
Statista. (2024). Cost of land for commercial and industrial real estate space in Germany in 2nd quarter 2024, by city (euros per square meter). Statista. Statista Inc.. Accessed: March 08, 2025. https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/
Statista. "Cost of Land for Commercial and Industrial Real Estate Space in Germany in 2nd Quarter 2024, by City (Euros per Square Meter)." Statista, Statista Inc., 22 Nov 2024, https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/
Statista, Cost of land for commercial and industrial real estate space in Germany in 2nd quarter 2024, by city (euros per square meter) Statista, https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/ (last visited March 08, 2025)
Cost of land for commercial and industrial real estate space in Germany in 2nd quarter 2024, by city (euros per square meter) [Graph], Statista, November 22, 2024. [Online]. Available: https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/