PHONE: +49 40 | 22 70 19 63

Market reports of the Hamburg real estate market for commercial space

We provide access to market reports from various agents. Start you dedicated research on rents, return on investments (ROI), and purchasing prices in the office, industry, and retail market right here.

OFFICE LETTING: HIGH DEMAND MEETS LOW OFFER

Despite an increased take-up of space in 2019, the competition for free space in the Hanseatic city is getting bigger. A lack of supply on the investment market is reflected in a decline in the volume of commercial transactions. Interest in Hamburg's commercial real estate remains high.

With 430,000 sqm in the first three quarters of the current year, the take-up of space on the Hamburg office market rose by almost 15% compared to the same period in the previous year. Major drivers of sales in the past twelve months - a total of 650,000 sqm - were large-scale rentals of over 10,000 sqm, which made up a good third. By far the strongest submarket in the Elbe metropolis was the city with a share of 17%, followed by HafenCity (approx. 10%) and the western Alster location (approx. 8%). The demand for office space in Hamburg is still high. The situation on the market has worsened for users. The vacancy rate dropped again to 3.9% - a decrease of ten basis points compared to the previous quarter. Rents, on the other hand, rose: 1.9% peak to EUR 27.50/sqm (compared to the previous quarter) and an average of 1.3% to EUR 16.00/sqm. By the end of 2019, the average rent is expected to rise further to EUR 16.50/sqm². At the same time, a further decline in the vacancy rate to 3.7% in the coming months is emerging.

315,000 sqm of new office space is announced in Hamburg for 2020 - the pipeline is filled as never before in the current market cycle. 70% of this space is already pre-rented today, so that there is no sign of a significant relaxation in terms of space availability.

 

Hamburg - Office - Market Reports 2019

 

BNP Paribas Real Estate

Our detailed publications provide up-to-date information on topics like retail sector, office market, industrial and residential investments in Hamburg. The quarterly, semi-annually, or annual market reports offer a sound foundation for decisions regarding commercial properties.
Download the report

Engel & Völkers Commercial

Development of local and supraregional real estate markets. Our research department offers an up-to-date overview of the respective markets with our numerous Engel & Völkers Commercial branches.
Download the report

Grossmann & Berger

With our market reports, you will receive a quarterly review on floor space turnovers in regard to size and sector, on premium and average rents, vacancy rates, as well as forecasts on completions. All key figures are also available for sub-markets.
Download the report

Jones Lang LaSalle

​The quarterly published report offers detailed market analyses of the office rental market in Hamburg. A 12-month forecast shows trends for the most important market parameters.
Download the report

Savills Germany

​The quarterly published report offers detailed market analyses of the office rental market in Hamburg. A 12-month forecast shows trends for the most important market parameters.
Download the report

Angermann

St Georg,City Süd, St Pauli,City Nord: With its diverse neighborhoods and numerous layout options, the Free and Hanseatic City of Hamburg offers office space for all kind of tenants. So far, so good! However, the lease of new offices is probably not part of your daily business.
Download the Report

CBRE

Below you find the new Report to Download.

Download the report

REALOGIS

Here you will find the latest market report for industrial and logistics real estate in Hamburg.

Download the report

Stöben Wittlinger

Here you will find the latest real estate market report Hamburg.

Download the report

DZ HYP

Property market Germany 2018/2019 for download.

Download the report