"Hamburg is one of the top places for investments and developments in future thanks to its excellent infrastructure, qualified skilled labour, innovative companies and consistent expansion of science and research," said Andreas Dressel, Senator for Finance. The demand for adequate residential and commercial space is being met with good and improving conditions for housing subsidies and building rights nationwide. Modular buildings such as the "Hamburg Houses" are important for sustainable and efficient construction in public spaces. New ground is also being broken in terms of climate protection, transport, developing suburbs and digitalisation in e.g., HafenCity, Grasbrook, Billebogen and Science City Hamburg Bahrenfeld. The latter will be pivotal for research, teaching and learning, combined with living, working and leisure with short distances. "We are helping to shape Hamburg's development as a forward-looking, sustainable and liveable city of tomorrow ," said Andreas Kleinau, CEO of HafenCity Hamburg.
Fifty-five Hanseatic companies including the Hamburg Port Authority, Aurelis Real Estate Service, Europa Center, Otto Wulff Bauunternehmung and Hanse Merkur Grundvermögen and Hafen City Hamburg are gearing up for the leading Expo Real trade fair underway in Munich from October 7-9, 2024. A broad portfolio of property, commercial space and projects on the Elbe River, Lake Alster and Bille River will be presented at Hamburg’s joint trade fair stand. Among the proptech start-ups at the stand is Moovin Immobilien. The estate agent offers digital residential lettings and property services all over Germany. Infrastructure in the Hamburg Metropolitan Region will also be presented for the first time. An interactive touch table allows visitors to explore “Northern Germany's Connected Hub” and search for specific commercial spaces.
Hamburg great for investments
Making building affordable
"The property sector is facing increasingly diverse challenges ranging from decarbonising buildings, using AI and robotics to smart buildings," said Rolf Strittmatter, Managing Director of Hamburg Invest. However, Germany's construction and property industry, including Hamburg, is struggling to meet these challenges,” said Karen Pein, Senator for Urban Development and Housing. "We are now working intensely with the largest, most important companies and stakeholders on solutions to make building in the north more affordable," she noted. The aim is to optimise planning and construction processes and speed up approval procedures. Land is being designated for construction and investments are being made in infrastructure.
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About Hamburg Invest
Hamburg Invest is the one-stop agency for relocations and investments in Hamburg and is one of the main partners for businesses in terms of development. It offers a wide range of services for SMEs in particular. Hamburg Invests markets urban commercial and industrial sites - from development, advertising and approaching customers to selling properties. The agency is the main point of contact for technology and knowledge-based start-ups.
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