At a Glance Q4 2021

Logistics market Hamburg

Logistikmarkt Hamburg


The Hamburg market is also benefiting from the very good overall state of the logistics markets. A take-up of 641,000 m² was registered in the Hanseatic city (incl. surrounding area). This exceeded both the previous year's result by almost a third and the ten-year average by almost a quarter. This volume places Hamburg in second place nationwide behind Frankfurt and at the same time achieves the second-best take-up of all time. An even better result was prevented only by strongly limited supply, especially in the large-scale segment. In the meantime, tenants not only have to make location concessions and make decisions dependent on the availability of space, but in some cases large users have also had to cancel orders because they were unable to rent space. Basically, the significant market recovery compared to 2020 has taken place in all segments and is based on a broad foundation. The most important contracts include leases from Airbus (60,000 m²), Riess Ambiente (37,700 m²) and Bauking for 30,000 m² in Seevetal.

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