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 market Hamburg in the 4rd quarter 2021

Office take-up in Hamburg in Q4 2021 is 477,00 sqm, up a whopping 43% on last year's weak result. The year 2020 was very much characterised by the effects of the Corona pandemic and decisions on new and, above all, large office spaces were postponed several times.


The vacancy rate remained stable at 3.8% at the end of Q4 2021 compared to the previous quarter. At the end of 2020, it was 3.5 %. The supply of office space available within six months increased by 10.6% year-on-year to 537,600 sqm. Due to lettings in the new-build segment, the prime rent rose by a good 3 % to € 33 per m² at the end of the year. The average rent closed 2021 at a high of €18.50 per m² and did not change compared to the previous quarter. Compared to the end of 2020, it climbed by 3.4 %. Stable compared to the previous quarter, the prime rent increased by 3.3% within twelve months.

Hamburg - Office - Market Reports 2021


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.
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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.
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Savills Germany

​Here you will find the office rental and commercial investment market in Hamburg for the year 2021.
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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.

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Below you find the new Report to Download.

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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.

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Jones Lang LaSalle

​The quarterly published report offers detailed market analyses of the office rental market in Hamburg.
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