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Retail City Profile
Berlin | Full year 2017 Published in September 2017
Retail Market Berlin More than 31.0 million overnight stays in 2016
Prime net initial yield at 3.40%
Prime rent currently at €330/sqm p.m.
Retail City Profile Berlin | September 2017 2
Overview of prime retail location(s)
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Neue Schön hauserStraßeMünzstraße
Alte
Sch
önha
user
S
traße
Oranienburger Str.
Friedrichstraße
Alexanderplatz
The Q.
Rathaus Passagen
Alexa
GaleriaKaufhof
Glinkastraße
Brüc
kens
traße
Molken
markt
Pren
zlaue
r Alle
e
Behrenstraße
Neue Roßstraße
Universitätsstraße
Stralauer StraßeOt
to-Bra
un-St
raße
Schloßplatz
Mollstraße
Wilhelmstraße
Fischerinsel
Spandauer Straße
Annenstraße
Gertrau
denst
raße
Tuch
olsky
straß
e
Chausseestraße
Grunerstraße
Französische Straße
Breite Straße
Karl-Marx-Allee
Rosenthaler Straße
Friedrichstraße
Karl-L
iebkn
echt-S
traße
Unter den Linden
Alexanderstraße
Leipziger Straße
Oranienburger Straße
Torstraße
Mitte
PrenzlauerBerg
BERLINAlexa
Einzelhandel / Retail
1a-Lage / Highstreet
W Warenhaus / Department Store
Einkaufzentren /Shopping Centres
S Shopping Center / Shopping Centre
OpenStreetMap & Contributors, JLL Research 2017
0 200 400 Meters
Alte
Sch
önha
user
Str
aße
Hackescher Markt
Rose
ntha
ler S
tr.
Retail City Profile Berlin | September 2017 3
Overview of prime retail location(s)
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S
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SSS
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W
W
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Tauentzienstraße
Wilm
ersdorfer Straße
Kurfürstendamm
Kudamm Karree
Europa-Center
Bikini BerlinStilwerk BerlinKant-Center
Wilmersdorfer Arcaden
Nachodstraße
Bach
straß
e
Lewishamstraße
Olivaer Platz
Fasa
nens
traße
March
straß
e
Uhlan
dstra
ße
Spicher
nstraß
e
Caue
rstraß
e
Kurfürstendamm
Leibn
izstra
ße
Nürnb
erger
Straß
e
Kons
tanze
r Stra
ße
Budapester Straße
Paulsborne
r Stra
ße
Bismarckstraße
Einsteinufer Straße des 17. Juni
Salzufer
Richa rd -Wagner-Straße
Klopst
ockstr
aße
Hardenbergstraße
Bund
esall
ee
Kantstraße
Lietzenburger Straße
Otto-Suhr-Allee
Wi lmersdorf
Moabit
Schöneberg
Hansaviertel
Tiergarten
Charlottenburg
BERLIN
TC
F
A
EW
FH
KaDeWe
Karstadt
Karstadt
Einzelhandel / Retail
1a-Lage / Highstreet
W Warenhaus / Department Store
Einkaufzentren /Shopping Centres
S Shopping Center / Shopping Centre
00Meters
OpenStreetMap & Contributors, JLL Research 2017
WoolworthW
0 200 400 Meters
Retail City Profile Berlin | September 2017 4
Overview of prime retail location(s)
®RS ®U
S
S
Potsdamer Platz Arkaden Berlin
LP 12 Mall of Berlin
Reichpietschufer
Hannah-Arendt-Straße
Ben-Gurion-Straße
Tiergartenstraße
Stresemannstraße
Eber
tstra
ße
Potsdamer Straße
Leipziger Straße
Lennéstraße
Mitte
Kreuzberg
Tiergarten
BERLIN
BahnTower
Bundesrat
Abgeordnetenhausvon Berlin
Potsdamer Platz Le ipziger Plat
z
Einzelhandel / Retail
1a-Lage / Highstreet
Einkaufzentren /Shopping Centres
S Shopping Center / Shopping Centre
OpenStreetMap & Contributors, JLL Research 2017
0 100 200 Meters
Retail City Profile Berlin | September 2017 5
Overview of prime retail location(s)
S
S
®U
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S
S
S
S
W
Das Schloss
Boulevard Berlin
Forum Steglitz
Schloss-Straßen-Center
Knausstraße
Albrechtstraße
Schlo
ßstra
ße
Schöneberger Straße
Saarstraße
Maßmannstraße
Düpp
elstra
ße
Feuerbachstraße
Grunewaldstraße
Filan
dast r
aße
Südwestkorso
Bergstraße
Laub
ache
rStr a
ße
Schildhornstraße
Bund
esall
ee
Joachim-Tiburtius-Brücke
Rhein
straß
e
Leps
iusstr
aße
Bism
arck
straß
e
Fr iedenau
Wilmersdorf
Stegl i tz
Schöneberg
BERLIN
Das Schloss
BoulevardBerlin
Schl
osss
traße
Karstadt
Einzelhandel / Retail
1a-Lage / Highstreet
W Warenhaus / Department Store
Einkaufzentren /Shopping Centres
S Shopping Center / Shopping Centre
OpenStreetMap & Contributors, JLL Research 2017
Retail City Profile Berlin | September 2017 6
Demographic data and retail figures
* Ranking among 25 cities, of which JLL Retail City Profiles exist.** Net rent for a virtual shop, 100 sqm sales space ground floor, without steps and
columnfree frontage approximatly 6 m. In case of serveral price levels, the rental of the highest potential street is mentioned.
*** Net rent for a virtual shop, 500 sqm of ground level space, ten metres front and 500 sqm in the first floor.
Demographic data
Ranking*
Population as per January 01, 2016 3,520,031 1
Population trend 2012-2016 (in %) +0.1 –
Number of visitors 2016 (overnight reservations) 31,067,775 1
Number of employed persons as per June 30, 2016 1,365,639 1
Employment trend 2012-2016 (in %) +14.7 –
Unemployment rate 2016 (annual average in %) 9.8 –
Business tax per inhabitant 2015 (in Euro) 409 23
Retail figures
Ranking*
Retail-relevant purchasing power index 2017 per inhabitant 95.9 22
Purchasing power index 2017 per inhabitant 91.7 23
Retail sales index 2017 per inhabitant 104.9 24
Centrality index 2017 109.5 22
Chain store penetration ratio 2016, total prime location (%) 64.7 –
Strongest pedestrian traffic Ø per hour Place of counting: Tauentzienstraße 1 Saturday, May 06 2017 from 1.00 p.m. to 4.00 p.m.
6,350
16
Rent in prime location 100 sqm retail store 2017** (in Euro/sqm) 330 2
Rent in prime location 1,000 sqm retail store 2017*** (in Euro/sqm) 130 3
❚ Manufacturing 13.9%❚ Trade/Transport 22.3%❚ Business Services 30.0%❚ Public administration 33.8%
Employment structure by lines of industry 2016
❚ Textiles 26.7%
❚ Shoes/Leather goods 7.2%
❚ Health/Beauty 10.7%
❚ Jewellers 4.5%
❚ Food/Restaurants, etc. 20.5%
❚ Telecommunications/ Home electronics 5.0%
❚ Furnishings/Décor 3.4%
❚ Books/Stationery 1.0%
❚ Sports/Outdoor 1.2%
❚ Others 19.8%
Business sector structure 2016 in prime location
❚ 0 up to 16 years 14.3%❚ 16 up to 30 years 17.3%❚ 30 up to 50 years 29.3%❚ 50 up to 65 years 19.8%❚ 65 up to 70 years 4.8%❚ Older than70 years 14.5%
Age structure (population) per 01.01.2016
Retail City Profi le Berlin | September 2017 7
Rental price development and value development
Rental price development in prime location Value development in prime location
Index value 2008=100 Index value 2008=100
High street prime rent in Berlin (in Euro/sqm/month)
2012 270
2013 280
2014 300
2015 320
2016 350
H1 2017 330
Multiplier in prime location Berlin
2012 20.50
2013 21.00
2014 22.30
2015 23.70
2016 26.2 0
H1 2017 26.20
Prime rent Berlin * Basis: 185 cities Development between H1 2007-H1 2017: 65.0 %
Average prime rent* Development between H1 2007-H1 2017: 14.6 %
Infl ation Development between H1 2007-H1 2017: 14.0 %
Peak value Berlin * Basis: 185 cities Development between H1 2007-H1 2017: 103.6 %
Average peak value* Development between H1 2007-H1 2017: 15.2 %
Infl ation Development between H1 2007-H1 2017: 14.0 %
Retail City Profile Berlin | September 2017 8
Shopping Centres / Retail Parks
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F
F
F
F
F
FF
FF F
F
F
F
F
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SSS
SSSSSS
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S SSSS SS SS SSSSSS
SS
SSSSS SS
SS
SS
SS
SS
Potsdamer Platz Arkaden
Rathaus Passagen
Allee-Center BerlinSchönhauser Allee
ArcadenGesundbrunnen-Center
A10 Center
Stern-CenterPotsdam
BahnhofspassagenPotsdam
City-CenterErkner
GropiusPassagenLIO
Lichterfelde
TempelhoferHafenDas Schloss
ForumKöpenick
Boulevard Berlin
Forum SteglitzSchloss-Straßen-Center
NeuköllnArcaden
Park Center TreptowKudamm Karree
Europa-CenterBikini Berlin
StilwerkKant-Center
Wilmersdorfer Arcaden
Mall of Berlin
The Q.Ring-CenterAlexa
Spree Center
BerlinHauptbahnhof
Spandau Arcaden
Eastgate
Storchenhof
Der Clou
Linden-Center BerlinRathaus-CenterPankow
Hallen am Borsigturm
Tegel-Center
Märkisches Zentrum
Märkische Zeile BerlinSchlosspark-PassageDas Ziel -
Einkaufszentrum
Bahnhofs-Passage
Südring CenterRangsdorf
Waldstadt-Center
FMZWaltersdorf
Müggelpark
ZentrumSchöneweide
Biesdorf CenterHavel-ParkDallgow
MarktplatzCenter
Center am JuliusturmEventpark Spandau
Kaufpark Eiche
Welse Galerie 1+ 2
NordmeileZepernick
Fredersdorf-Vogelsdorf
Neuenhagen
Rüdersdorf
Velten
Erkner
Schöneiche
Kleinmachnow
Stahnsdorf
Teltow
Bernau
KönigsWusterhausen
Falkensee
Petershagen
Hennigsdorf
HohenNeuendorf
Oranienburg
Ludwigsfelde
BERLIN
Potsdam
0 2 4 km
Einkaufszentren / Shopping Centres
S Shopping Center / Shopping Centre
F Fachmarktzentrum / Retail Park
■▤ In Planung, Bau / planned, under construction
Stadtgrenze / City Limits
Hauptgeschäftszentrum / City Centre
Dargestellt sind Shopping Center und Fachmarktzentren >=10.000 m² (Vkf)Displayed are Shopping Centres and Retail Parks >=10.000 m² Net Leasable Area (NLA)infas Geodaten, OpenStreetMap and contributers, JLL Research 2017
S
■▤
EKZ im AirportBerlin-Brandenburg
SchultheißQuartier
SeeCarré
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■▤■▤East Side Mall
Retail City Profile Berlin | September 2017 9
List of references
JLL Research:Business sector structure in prime locations, calculation of chainstore penetration and rental price of the listed streets, overview of prime retail locations, rental price development, value development, shopping centres
Regional and Federal Statistics Offices:Population, visitor numbers, business tax, age structure, inflation rate
Federal Employment Agency:Persons employed, employment structure, rate of unemployment
IFH Retail Consultants:Retail purchasing power index, sales index, centrality index, pedestrian frequency
GfK Geomarketing:Purchasing power index
EHI-Shopping-Center-Report/German Council of Shopping Centers e.V.:Information about existing and planned shopping centres
Consensus Economics:Prediction inflation rate
Jörg RitterManagement Board Germany – RetailFrankfurttel +49 (0) 69 2003 [email protected]
Anke KaukarsHead of Shopping Center Services GermanyFrankfurttel +49 (0) 69 2003 [email protected]
Dirk WichnerHead of Retail Leasing GermanyBerlintel +49 (0) 30 203980 [email protected]
Helge ScheunemannHead of Research GermanyHamburgtel +49 (0) 40 350011 [email protected]
Sandra LudwigHead of Retail Investment Germany Hamburgtel +49 (0) 40 350011 [email protected]
Contacts
Copyright © Jones Lang Lasalle SE, 2017.
No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Jones Lang LaSalle. It is based on material that we believe to be reliable. Whilst every eff ort has been made to ensure its accuracy, we cannot off er any warranty that it contains no factual errors. We would like to be told of any such errors in order to correct them.
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