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 | 6,505 |
| Floor area sqm | 397,907 |
| IFRS book value 12/31/2023 in EUR m | 522.2 |
| Gross yield in % | 5.5 |
| Vacancy 12/31/2023 in % | 3.5 |
| Vacancy* 12/31/2022 in % | 4.0 |
| Net actual rent EUR/sqm | 6.22 |
| Reletting rent EUR/sqm | 6.90 |
| L-f-I rental-growth EUR/sqm (y-o-y) % | 2.4 |
| L-f-I rental-growth total* (y-o-y) % | 3.0 |
| Maintenance EUR/sqm | 8.73 |
| Capex EUR/sqm | 15.29 |