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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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FBB Gastro Company has rented restaurant and bar space in the “Galleria”, Grosse Bleichen 21 in Hamburg. The total floor area is some 132 m², plus the Galleria pontoon anchored on Bleichenfleet…

At the end of the year the total take-up of industrial and logistics space in the Hamburg region stood at an all-time low of only about 250,000 m². Although year on year more rental agreements and…

In 2024 a total of some 575,000 m² of office space was newly let in Berlin. This translates into year on year growth of around 13 %. Nevertheless, only a limited number of agreements related to more…

At the close of 2024 investments in commercial properties in Berlin totalled some €3.3bn, about 22 % more than the year before. The mood is steadily brightening. The closing quarter was especially…

Towards the close of the year the market for investment in Hamburg’s commercial properties gathered some momentum, but there was no end-of-year rally in the classic sense. The total transaction…

The 2024 office letting market was a disappointment, posting the lowest result seen since the “Covid year” of 2020. Take-up of space for the year was some 425,000 m² and thus about 7 % below the weak…

IT company intersoft recently rented some 1,091 m² of office space at Domstrasse 18 in the centre of Hamburg. Grossmann & Berger, a member of German Property Partners (GPP), brokered the rental…

Totalling a mere 180,000 m² of take-up at the end of three quarters, the market for industrial and logistics space in the Hamburg region sank to an all-time low. Volumes fell some 31 % below what was…

Investments in commercial properties in Berlin continued on their shallow upwards trajectory in the 3rd quarter. The transaction volume of €2.5bn was some 11 % higher than the prior year’s total.…

By the end of the 3rd quarter of 2024 some 420,000 m² of office space in Berlin had been newly let. This translates into growth of 31 %, well above the 320,000 m² seen in the same period a year ago.…

Once again, office-letting in Hamburg failed to meet expectations, posting only around 300,00 m² of take-up and thus falling some 8 % below the prior year’s weak figure. Since the beginning of the…

The gentle upwards trends on the market for investment in commercial properties in Hamburg continued throughout the 3rd quarter. The transaction volume of €1bn was some 42 % higher than the prior…

The shoe and streetwear chain Snipes recently agreed to rent some 450 m² of shop space at Spitalerstrasse 1. Grossmann & Berger, a member of German Property Partners (GPP), brokered the rental…

Buyer demand for new-build apartments in Hamburg remains flat. “However, we have noticed that since spring there have been somewhat more queries, especially for smaller apartments at affordable…

In the 2nd quarter of 2024 players in Berlin’s market for investments in commercial properties continued to proceed with caution. The transaction volume of €1.2bn fell 38 % short of the prior year’s…

In the first half of 2024 take-up of office space in Berlin totalled 291,000 m². This translates into year on year growth of 27 %. Despite this, the final number of agreements for large amounts of…

By the end of the first half of 2024 a greater number of investment transactions in commercial real estate in Hamburg had been noted. At €640m the volume traded was some 23 % higher than the prior…

Take-up activity was brisker in the 2nd quarter of 2024 than at the start of the year. Despite that, take-up of office space in the first half year failed to meet expectations, closing at some…

Grossmann & Berger Immobilien (G&B), a member of German Property Partners (GPP), is strengthening its workforce in Berlin. The real estate services provider is adding to its investment and…

In the first half of 2024 only a low level of activity was observed on the market for industrial and logistics space in Hamburg and its environs. At 135,000 m², take-up of space fell some 21 % below…

The market for premium residential properties in Hamburg and on Sylt Island has recently been marked by reduced demand and greater supply. This observation comes from André Wales , sales manager…

MEV Mobile Export-Verpackung is expanding its storage capacity in Winsen to fulfil orders for a customer in the food industry. For this purpose the company recently rented a hall at Tönnhäuser Weg…

The property services provider Grossmann & Berger is adding a layer to its management structure in the office-letting segment. Last year Antje Helmer (39) took up her job as head of office-letting in…

HH-Stellingen / Rellingen

GPP member firm Grossmann & Berger has brokered new production facilities totalling some 2,210 m² to two clients, namely in Hamburg to FairWind, a wind power company, and in Rellingen to Neidfaktor, a…

With first-quarter take-up of industrial and logistics space in Hamburg and the environs at 70,000 m², the market returned its second-lowest result since the 58,000 m² posted in 2013. “By the end of…

In the 1st quarter of 2024 there was very little demand for office space, which is reflected in the low take-up figures. At around 85,000 m², take-up was lower than in any first quarter since 2012.…

Closing at €370m, the volume of investments in commercial properties posted in Hamburg reached only a nine-figure sum for the sixth quarter in succession. Nevertheless, compared with the…

Players in Berlin’s market for investments in commercial properties remained cautious in the 1st quarter of 2024. The transaction volume of €600m fell 14 % short of the prior year’s total. Year on…

Between January and March 2024 uptake of office space in Berlin totalled 147,000 m². This result was 18 % higher than at the start of the year 2023. “However, the market remains on the slow side.…

AGM Anwar Graphische Maschinen, a company trading in used printing machinery, is moving from Salzgitter to Wentorf. For this purpose the family firm has purchased 12,950 m² of commercial land located…

AudioMee, a hearing care specialist, recently rented around 130 m² of retail space at Bergstrasse 26, Hamburg. Grossmann & Berger, member of German Property Partners (GPP), brokered the rental…

“At the moment cash-rich potential buyers are increasingly interested in new-build apartments. Investors and home-buyers in the middle income bracket with little capital of their own are still…

The shortage of industrial and logistics properties in and around Hamburg entered a new dimension at the end of the year: Between October and December a mere 30,000 m² of space was taken up. “Business…

Few agreements and no end-of-year rally: At the end of the 4th quarter the mood on the market for investment in commercial properties in Berlin remained cautious. The volume of transactions was some…

As Grossmann & Berger had predicted at the end of the 3rd quarter, the total take-up of Hamburg office space for the year was 455,000 m². This figure falls 5 % below the five-year average of 479,000…

The year closed as it began, with low levels of investment activity on the market for commercial property in Hamburg. The persistent lack of certainty about how the economy will develop continued to…

Hamburg und Region

The market for housing that forms part of Hamburg’s building stock remained difficult in 2023, loan interest rates did not stabilize to the degree expected. In the context of its G&B property price…

In the Hamburg district of Jenfeld a new-build apartment building recently changed hands. Property portfolio manager Fördern & Wohnen acquired the property from the developer, Wohnpark Jenfeld.…

Neuer Wall has gained a retailer of exclusive clothing for babies and young children. On 18 November Petite Poupette opened its new boutique located at Neuer Wall 86. The premises, around 273 m² in…

Amplifon, world leader in the field of hearing aids and services, has moved its German headquarters from Borgfelde to the St. Pauli district (Zirkusweg 4-6). Amplifon Deutschland Group has taken…

In terms of numbers of agreements, the market for industrial and logistics space in Hamburg and the environs gathered pace between July and September 2023. However, the result was appreciably smaller…

Housing company Vonovia is streamlining its organization and relocating its separate Hamburg offices to the ‘BRAMS’ building complex at Bramfelder Chausee 104. The firm has therefore signed a…

The downturn in Berlin’s investment market for commercial real estate that was noted in the first half year has become more pronounced. At the end of the 3rd quarter the volume of transactions…

Figures from Grossmann & Berger show that take-up of office space in Hamburg totals 325,000 m² for the year so far. This is 30 % less than in the same period a year ago. “Companies now face far more…

Investors in commercial properties located in Hamburg are still reluctant to commit to trades. By the end of the 3rd quarter the volume of transactions totalled some €730m, and was thus about 81 %…

NOVO INTERACTIVE, a provider of online games of chance, has moved from Rellingen to the Lokstedt district of Hamburg. In September the company, a subsidiary of Löwen Entertainment, moved into some…

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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