BEST HALF-YEAR RESULT IN THE LAST 10 YEARS
The Hamburg market for storage and logistics space (including the surrounding area) was extremely strong at the end of the first half of 2021. With a take-up of 331,000 m², by far the best half-year result of the last 10 years was achieved. The long-term average was exceeded by almost one half. The comparative result from the previous year, which was very weak, was topped by a whopping 135%. In a nationwide comparison, the Hanseatic city only just missed the top spot occupied by Frankfurt with 333,000 m². Hamburg recorded a solid start to the year albeit a lack of large deals. The number of major deals rose noticeably in the second quarter. With the leases of Riess Ambiente for 37,700 m² in Nützen and Greiwing logistics for you for 29,200 m² in Hamburg-Altenwerder, two large deals fueled the outstanding quarterly result of more than 200,000 m².
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