NEW HALF-YEAR RECORD THANKS TO MANY LARGE DEALS
The Hamburg office market was extremely dynamic in the first half of the year, breaking through the 300,000 mark for the first time with a take-up of 306,000 m². With this exception, the 10-year average was exceeded by more than 28%. The main reason for this outstanding result was primarily the large number of individual transactions above 10,000 m², which accounted for a total of around 36% of the result. With the start of construction of the Otto Campus, one of the largest contracts of the last decade (40,000 m²) was registered in the Elbe metropolis. The traditional Hanseatic company is establishing its new headquarters in the city district Bramfeld. The nine-storey building will be erected according to a multi-space concept and will in particular meet the requirements of new working environments. In 2022, the online retailer with around 1,800 employees plans to move in.
Read the full report by downloading the PDF document.