Figures
Hamburg Office Figures Q2 2024
Hamburg office letting market remains subdued; investment market recovers slightly
17 July 2024 5 Minute Read
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- Take-up of office lettings down by 20% to 186,200 sq m in the first half of 2024 compared to the first half of 2023
- Vacancy rate increased by 1%-point year-on-year to 3.7%
- Total investment volume of €619m - 5% more than in the first half of 2023
- Prime yield for office properties stable at 4.90% since the end of the year