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 *** euros per square meter, higher than that in the city's surrounding area.
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. (March 31, 2025). Cost of land for commercial and industrial real estate space in Germany in 4th quarter 2024, by city (euros per square meter) [Graph]. In Statista. Retrieved July 25, 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 4th quarter 2024, by city (euros per square meter)." Chart. March 31, 2025. Statista. Accessed July 25, 2025. https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/
Statista. (2025). Cost of land for commercial and industrial real estate space in Germany in 4th quarter 2024, by city (euros per square meter). Statista. Statista Inc.. Accessed: July 25, 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 4th Quarter 2024, by City (Euros per Square Meter)." Statista, Statista Inc., 31 Mar 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 4th 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 July 25, 2025)
Cost of land for commercial and industrial real estate space in Germany in 4th quarter 2024, by city (euros per square meter) [Graph], Statista, March 31, 2025. [Online]. Available: https://www.statista.com/statistics/1022640/land-costs-for-commercial-and-industrial-real-estate-in-germany-by-city/