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Here, you'll find information about the North German markets for residential and commercial property, as well as the company Grossmann & Berger. Our press office will be happy to organise experts for interviews and original information on the subject of property.

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In 2023 the market for investments in residential property was slowed by rising interest rates and because banks required buyers to furnish greater amounts of equity than before, causing prices to…

Grossmann & Berger (G&B) is once again expanding its Berlin office. The company is adding two new employees: one strengthening its Investment team in the city and one laying the foundation for its…

Grossmann & Berger (G&B) will naturally play a role at the meeting of the real estate trade between the 4th and 6th October at the Expo Real in Munich. This international trade fair for real estate…

Grossmann & Berger, member of German Property Partners (GPP), recently advised parties engaged in the sale/purchase of five blocks of rental apartments/commercial units in various districts of…

DB Services’ Regional Division North, based in Hamburg, is moving from its offices in Eidelstedt district (Fangdieckstrasse) to Normannenweg 26-36 in the Hammerbrook district. This company, the…

HH-Altona-Altstadt

The textiles and apparel retailer Ernsting’s family is boosting its presence in the area around the station in Hamburg-Altona; the brand recently opened a branch at Neue Grosse Bergstrasse 12-16 in…

Iperceramica Deutschland has rented a store in the Bahrenfeld district of Hamburg for its ceramic tiles/floor coverings shop and showroom. Real estate and development company ADOLF WEBER Grundbesitz-…

As its warehouse in Barsbüttel near Hamburg is now too small, Mytholon, a supplier of medieval-style equipment for live action role playing (LARP), has rented premises at Albert-Schweitzer-Ring 34 in…

Between April and June the trends noted on the market for industrial and logistics properties in Hamburg and the environs in the 1st quarter became more pronounced. These are: shortage of space,…

Deseo GastroConcept recently rented new-build restaurant premises in the “Baakenhafenquartier” of Hamburg HafenCity. GWG Gruppe, headquartered in Stuttgart, is the property’s owner. Grossmann &…

Research by Grossmann & Berger reveals that the average asking price* for a new-build apartment in Hamburg was considerably higher at the end of the 1st half year. However, this creates a false…

Timmendorfer Strand

Scandic Fashion, a clothes store, has opened the eighth boutique in the “Scandic way of Life” chain at Kurpromenade 8 in Timmendorfer Strand. The firm, whose registered main office is in Kiel, sells…

In the first half of 2023 trading in commercial real estate in Berlin was marked by the small number of agreements, although in isolated cases big-ticket transactions were noted. The volume of…

Investment transactions in commercial real estate in Hamburg totalled some €520m by the end of the 1st half of 2023. This translates into a 79 % drop compared with the record figure seen in the same…

The 1st half of 2023 closed with office lettings in Hamburg below the strong result seen in the same period of 2022. Take-up fell from 305,000 m² to 230,000 m². Office lettings were thus down by…

The housing company Semmelhaack Wohnungsbaugesellschaft recently purchased the “Holstein Center” shopping mall in Itzehoe. Grossmann & Berger, member of German Property Partners (GPP) facilitated the…

RW Showrooms has rented shop space at Baakenallee 36 in the “Baakenhafen” quarter. This young company, registered in Graz, offers high-end furniture-makers who only sell online, an opportunity to…

In May Zoran Vujović (45) was appointed authorized officer (Prokurist) and head of Capital Investments at Grossmann & Berger. This unit started out in December 2018 as part of the residential segment…

Another space has been taken in developer Jebens-Gruppe’s “Victoria Park Hamburg” in the Rahlstedt district of the city. On 5 June, the Hamburg branch of Porsche invited guests to a groundbreaking…

Today a ground-breaking ceremony signalled the start of construction for an industrial firm. The long-term tenant, H-TECH SYSTEMS, will be manufacturing, testing and storing components for the…

The process of letting of offices in Westfield Hamburg-Überseequartier is making good progress. Grossmann & Berger, member of German Property Partners (GPP), has brokered the long-term let of over…

The role played by owner-occupiers on the office-letting market in Hamburg in the 1st quarter of 2023 was very small, but on the market for industrial and logistics space they were barely visible at…

The market for investment in commercial properties in Berlin started the year slowly and by the end of the 1st quarter investors were still proceeding with caution. The volume of transactions closed…

The office letting market in Hamburg started the year 2023 with take-up of space at a respectable 105,000 m². Nevertheless, the result posted for the 1st quarter of 2023 was 22 % below the strong…

It came as no surprise that the market for investments in commercial properties in Hamburg was very quiet in the 1st quarter. In the first three months the volume of transactions totalled a mere…

Besides the ever-increasing online trade, pandemic restrictions, the Ukraine war, supply shortages, rising overhead costs and inflation made business difficult for retailers and restaurant…

According to analyses by Grossmann & Berger, the average asking price* for new-build apartments in Hamburg in 2022 was slightly above the previous year’s level. Prices are expected to become stable…

Take-up of industrial and logistics space in Hamburg and the environs closed the year at 525,000 m² and was thus higher than the ten-year average (507,300 m²) but at the same time 17 % lower than the…

Grossmann & Berger (G&B) is moving beyond its Hamburg base to become a nation-wide real estate consultancy. Expansion plans relate to both commercial and residential properties. Therefore, the…

Business is booming for logistics firm Apex Internationale Spedition, and the firm needed more space than is available at its headquarters at Wilhelm-Bergner-Strasse 3 on the “Glinnkamp” industrial…

Today Grossmann & Berger’s investment team welcomes 35-year-old real estate consultant Robert Köwener to the firm. Real estate services provider Grossmann & Berger is a member of the nation-wide…

Between January and the end of September the letting business was very brisk, and several companies, such as Dataport, Haspa Bank and VTG signed agreements for extensive amounts of space. Because…

Wait-and-see stances and protracted sales negotiations slowed business on the investment market for commercial real estate in Berlin up to and including the 4th quarter. By the end of the year the…

The volume of transactions completed on the market for commercial real estate in Hamburg stood at some €4.5bn by the end of the 4th quarter. This represents a year on year increase of 41 %. The…

New interest rates, energy crisis, rocketing ancillary housing costs, shortages of materials - Hamburg’s market for residential properties was hit by several pieces of bad news in 2022. The altered…

HH-Rothenburgsort

In the context of the urban development programme to move upstream along the Bille and Elbe rivers (‘Stromaufwärts an Bille und Elbe’) Hamburg’s Rothenburgsort district has been a focus of planning…

Large volumes at top-of-the-range rents – that neatly describes the agreements signed for industrial and logistics properties in Hamburg and its environs up until the end of September 2022.…

By the end of the 3rd quarter a total of €6.3bn had been invested in commercial properties in Berlin; the volume of transactions thus slipped by 2 % year on year (€6.4bn). “The combination of rising…

Very brisk business on the market for office lets in Hamburg generated a year on year increase in take-up of around 30 % by the end of September. Just two of the year’s biggest agreements, signed by…

The volume of transactions completed on the market for commercial real estate in Hamburg stood at some €3.9bn by the end of the 3rd quarter. This figure was well above that of the prior year (€2.1bn)…

Dataport, provider of IT services to public institutions, has signed a rental agreement for 40,030 m² of office space, 1,616 m² of storage facility and 518 car-parking spaces in the “Hanse Center”,…

Demand for buy-to-let housing investments in Hamburg has cooled in view of increasing borrowing costs. “Whereas investors are waiting for prices to come down, sellers are not yet prepared to adjust…

Europe’s biggest trade fair for real estate and investment will be opening soon, when the international real estate industry gathers between October 4th and 6th at the Expo Real in Munich. Year for…

Since the beginning of the year the business of selling new-build apartments has changed noticeably. “The strong rise in mortgage rates and high inflation have already combined to reduce demand…

Real estate services provider Grossmann & Berger, member of German Property Partners (GPP), recently acted for parties in the sale of the “Doberaner Hof” shopping centre in Rostock. FN Capital…

In the 1st half of 2022 the market for industrial and logistics space in Hamburg and the environs was dominated by new-builds. To date, nine agreements for premises offering more than 10,000 m² of…

Following a strong start to the year, the market for investment in commercial properties in Berlin slowed in the 2nd quarter of 2022. In the first half of 2022 the transaction volume totalled €4.1bn…

With transactions up by more than a third year on year, Hamburg posted a total of 305,000 m² of newly let office space between January and June 2022, a half-year result that is second only to the…

Higher borrowing costs are making themselves felt on the Hamburg market for investment in commercial real estate. Admittedly, the volume of transactions concluded in the 1st half of 2022 totalled…

On 1st July 2022 Grossmann & Berger’s division for buy-to-let residential properties starts operations in Berlin. As head of team Raschid Achmedow is responsible for setting up the unit and Tom…

The fact that the operators of gyms and fitness studios like to take premises in the centre of large cities shows that health and fitness are now everyday essentials. Accordingly, this maker of…

GOA Tandoori, which operates a restaurant in Blankenese and another in the “Stadthöfe” complex, has chosen HafenCity as the site for its third outlet. The company has taken some 208 m² of restaurant…

The streetwear brand LIVE FAST DIE YOUNG (LFDY) continues to pursue its expansion plans and will open a new store in Hamburg. The company has taken some 305 m² of shop space spread over two floors at…

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