At a Glance Q3 2021

Logistics market Hamburg

Logistikmarkt Hamburg

TAKE-UP AT HIGH LEVEL

Hamburg's warehouse and logistics market (including the surrounding area) is continuing its positive development of the first half of the year, with take-up totalling 431,000 m² in the first three quarters of 2021. This result is almost 27 % above the previous year's figure and around 19 % above the average. In the past ten years, the value was only higher in 2015 after nine months. In comparison with the other major German logistics hubs, most of which also achieved above-average take-up, the Hanseatic city ranks second behind Frankfurt (625,000 m²) and ahead of Berlin (387,000 m²). Although the major deals concluded by Riess Ambiente in Nützen (37,700 m²), Greiwing logistics for you (29,200 m²) and Group 7 in Hamburg (26,000 m²) made a significant contribution to this excellent result, there is also brisk demand for space between 5,000 and 20,000 m², which has recorded significantly above-average take-up.

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