Fresh breeze with strong economic development
Hamburg is one of the most important industrial locations in Germany. As the second-largest city after Berlin, Hamburg is an important economic hub for trade, transport and the aviation industry. Good infrastructure, innovative companies and a skilled workforce are some of the factors contributing to the current growth of its economy. Demand for apartments remains high.
| Units | 7,033 |
| Floor area sqm | 432,484 |
| IFRS book value 12/31/2020 in EUR m | 588.5 |
| Inplace yield in % | 5.0 |
| Vacancy 12/31/2020 in % | 3.7 |
| Vacancy* 12/31/2019 in % | 4.2 |
| Net actual rent EUR/sqm | 5.88 |
| Reletting rent EUR/sqm | 6.17 |
| L-f-I rental-growth EUR/sqm (y-o-y) % | 2.1 |
| L-f-I rental-growth total** (y-o-y) % | 2.7 |
| Maintenance EUR/sqm | 9.13 |
| Capex EUR/sqm | 18.53 |