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 national shopping destinations.

A refined blend of shopping centres, large department stores, small shops and exclusive boutiques in Germany’s most popular pedestrian precincts guarantees a shopping experience to suit every budget. Every year roughly 11,000 m2 of retail space is re-let and over €6 billion spent in the city.

Together with the many attractive locations in the region, Hannover’s property market offers over 2.1 million m2 of sales space for retail trade. The average rent is €145, and in prime city locations up to €200 can be achieved per square metre. The net initial yield here is 4.5%, and even up to 6.3% in retail parks.

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

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...

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

Top address for retail

Reserve areas for industry

Superb location for offices

Growth in the hotel market

Residential building boom

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