Hannover’s property market

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 is one of Germany’s biggest centres for dynamic office property.

Sustained employment growth is the main driving force behind the trend: approximately 175,000 people work in an office in Hannover. In 2015 the top rent was €14.80/m2, and even much higher at €15 to 18/m2 for modern new builds and renovated premises in the city. Offices obtain rents of between €5.50 and €11 for single use values. The net initial yield in prime locations is 4.5%.

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.

Hannover’s property market

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...

Hannover’s property market

Growth in the hotel market

Tourism in the Hannover region is at an all time high.

Hannover’s property market

Residential building boom

Hannover has half a million inhabitants, and its population has increased by over 25,000 since 2010 alone.

Hannover’s property market

Superb location for offices

Reserve areas for industry

Top address for retail

Growth in the hotel market

Residential building boom

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