Commercial real estate

Research Center

Germany - Hamburg

MarketView Office Market Hamburg

Q3 2010

The positive socio-economic outline data is also now having an effect on the development of office space in Hamburg. Take-up in the Hanseatic city has risen by 21% to approx. 360,000 sq m since the same period last year. The main reason for this is the exercising of an option by the investment consortium for the southern Überseequartier in HafenCity, according to which the city of Hamburg is guaranteeing a letting of approx. 40,000 sq m of office space.

Author(s): several

Source: CB Richard Ellis

Published: 19.10.2010

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