Facts & figures about Hamburg’s real estate market

The commercial real estate market in all its facets

The market for real estate, and commercial real estate in particular, is a complex, dynamic system. Hamburg Invest keeps you up to date on topical issues regarding Hamburg’s commercial real estate market. Learn more about developments and trends in the office space market, the latest figures from the local commercial rent index as well as rental prices for office premises in Hamburg.

As your reliable partner, we are keeping a close eye on the real estate market in all matters concerning commercial real estate. We are happy to help you with any questions you may have – so please feel free to get in touch with us.

MARKET REPORTS

Office & logistics market Hamburg at a glance

The quarterly office & logistics market overview analyzes current developments in Hamburg. In addition to a detailed market description, our partners' publications analyze all key market parameters. Tabular overviews and charts, office space take-up, vacancies and vacancy rates, prime rents and available space.

Commercial rent index — © iStock/Anilak Kus

RENT INDEX FOR GUIDANCE

Commercial rents in Hamburg

Are you looking to rent, or let, a commercial space and are you wondering what rate would be reasonable? Drawing from information provided by real estate agents, the commercial rent overview shows you the rents that are realised on average on the market for retail space, office space and storage space. The rent overview thus helps guide anyone renting or letting property in Hamburg.

Resources & information material

PUBLICATIONS

Urban development in Hamburg 2015– 2030

New districts and new urban development projects will shape our city in the coming decade. New districts such as Oberbillwerder, Grasbrook or Fischbeker Reethen will be created; others will be completed such as Mitte Altona, the Pergolenviertel or HafenCity. The brochure 'Hamburg's urban development projects' gives you an overview of the key aspects of Hamburg's spatial development and shows you how the city is developing using 42 major projects as examples.

DEVELOPMENT CONCEPT

'Stromaufwärts an Elbe und Bille' development concept

In 2014, the Hamburg Senate presented its development concept Stromaufwärts an Elbe und Bille – Wohnen und urbane Produktion in HamburgOst (Upriver along the Elbe and Bille – Housing and Urban Production in Hamburg’s East). The publication outlines a vision for the future of Hamburg’s eastern districts, i.e. Hammerbrook, Borgfelde, Hamm, Horn, Rothenburgsort, Billbrook, Billstedt and Mümmelmannsberg.

Hamburg-Rothenburgsort

New Huckepackbahnhof development project

On the grounds of a former freight depot between Billhorner Brückenstrasse and the Rothenburgsort S-Bahn station, an innovative place of urban production is currently taking shape. Once completed, the 11-hectare site will accommodate 3,000 to 4,000 workplaces housed in a new type of space-efficient commercial building..

Dancing towers in Hamburg — © Hamburg Invest

EVALUATION REPORT

Commercial space study 2025

Commissioned by the City of Hamburg, this study analyses the demand for commercial space in Hamburg until 2025. This was deemed necessary due to structural changes in the demand for commercial space, increasingly stiff competition among regions, as well as growing usage competition and its implications for the designation of new commercial space.

Study

Logistics and Real Estate 2023

The 202 study edition analyses the current challenges of the global economy, which have a strong impact on supply chains and thus on logistics real estate. Where are rising interest rates, impaired supply chains and bottlenecks in energy supply leading?

Bericht: Fortschreibung des Hamburger Gewerbehofkonzeptes 2024 — © Hamburg Invest

Concept

Hamburg commercial park concept 2024

In order to keep craft businesses and small companies in the city, give them local development opportunities and also attract new businesses, the promotion of craft and business parks is an important goal of Hamburg's economic and urban development policy in addition to the preservation of existing commercial space.

Contact

Any Questions?

Please feel free to get in touch with us – we will be happy to help.

Team Real Estate Services