Hannover’s property market
Growth in the hotel market
Tourism in the Hannover region is at an all time high.
In addition to the business traffic during the big international leading trade fairs, urban tourism with attractions such as the Adventure Zoo and International Fireworks Competition are becoming a linchpin to the hospitality business in Hannover. There are 103 businesses offering approx. 13,400 beds, including 40 hotels with over 8,000 beds. Figures for overnight stays have now far passed the 2.2 million mark. Over the coming five years, another nine new hotels are set to be built, adding a further 1,800 rooms. Room rates are below €100 on average, and the net initial yield is 5.4%.
Hannover’s property market
Reserve areas for industry
Welcome! The Hannover region has approximately 775 hectares of industrial real estate to offer businesses wishing to set up in the centre of Lower Saxony.
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Superb location for offices
Enough space for a desk and a laptop: covering approximately 4.95 million m2 and most recently with an annual turnover of 120,000 m2, the Hannover region...
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Top address for retail
Online trade is not seen as cut-throat competition here, but rather as a stimulus: Hannover boasts 290,000 m2 of sales space, making it one of the top nat...
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Residential building boom
Hannover has half a million inhabitants, and its population has increased by over 25,000 since 2010 alone.
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