At a Glance Q4 2022

Investment market Hamburg

Investmentmarkt Hamburg


With a transaction volume of €4.92 billion, Hamburg's investment market grew by a good 56% compared to the rather weak result of the previous year and also exceeded the 10-year average by around 15%. The result was significantly influenced by portfolios, reaching a volume of €2.03 billion, the highest value after 2006 and 2007. The takeover of alstria by Brookfield, which was already completed in the first quarter, was the main contributor. Single investments contributed almost €3 billion to the overall result. Consequently, single investments remained approximately at the previous year's level, but lost almost 8% in comparison to the 10-year average. Overall, the changed economic environment has slowed down market momentum slightly. The fourth quarter thus remained well below the billion euro mark for the first time since 2015. In a nationwide comparison, Hamburg ranks third behind Berlin (€8.54 billion) and Frankfurt (€5.0 billion). The average volume per deal has increased considerably compared to the previous year (2021: €30 million) and, at €42 million, is also at a high level in a long-term comparison.

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