COMMERCIAL INVESTMENT G&B s promise. Investments for success. Hamburg - Sylt - Berlin
GREAT PROSPECTS Dynamic location THE NORTH GERMAN ECONOMY Hamburg: the metropolitan area and beyond. A port city on the water, a tourism centre and northern European transport hub. In terms of both quality of life and economic strength, the Free Hanseatic City of Hamburg is one of the continent s top locations. As a gateway to the world with business and cultural links throughout Europe and Asia, Hamburg plays a highly important role in an increasingly globalised world. The allure of various major projects has made the metropolitan area a popular destination for investors, reinforcing the existing ties between Hamburg and the capital city Berlin. Dynamic economic development. The North German economy is broadly based. Today, the traditional industries of port and commerce, banking and insurance, advertising and the media have been complemented by aviation, health care, life sciences, tourism and new energy. Also important are the chemical and automotive industries, mechanical engineering, IT & telecommunications, logistics and real estate. The region is further bolstered by the close collaboration of economic development agencies within the Hamburg metropolitan area, whose activities have today spread deep into the neighbouring states of Schleswig-Holstein, Lower Saxony and Mecklenburg-Western Pomerania. On top of this, Hamburg also functions as a conduit to Scandinavia. A growing city. As a state situated between two seas, with a healthy climate, a strong economy, prestigious universities and great cultural diversity, Hamburg and its neighbouring states form a region offering excellent livability. By 2030 Hamburg s population is forecasted to rise to two million, and to cater to a growing demand for homes. The city has instigated a comprehensive new build programme. The metropolitan area is the fastest growing part of the state, and plenty of jobs are being created as new businesses move in. Not only does this strengthen the city s economic dynamism, it also generates a constant demand for residential, office and commercial real estate. Popular with investors. Hamburg s investment market is not only lively but also, thanks to its sectoral diversity, reliable. Over the past ten years, average annual transaction volumes have stood at slightly over two billion euros. Demand for high-quality office property in central locations has been incessant, and due to steadily rising overnight accommodation needs, the hotel real estate segment has been particularly vigorous. Top yields range from 4.7 per cent for office and retail property to 7.1 per cent for logistics real estate. In the future the Hamburg area can be expected to continue to enjoy healthy demand and stable commercial real estate transaction volumes.
VALUE ADDED SERVICES ANALYSIS, PREPARATION, OUTLOOK Generating value Strategies for sellers and investors. Real estate investments embrace multi-faceted asset classes in the market segments: commercial, industrial and residential. They open up highly varied opportunities for owners and investors which yield both income and appreciation in value. This spectrum poses a range of challenges for our real estate consultants. They possess detailed knowledge of office and commercial buildings, retail real estate from warehouse stores to shopping centres, department stores, industrial and logistics real estate, multi-storey car parks, hotels and boarding houses, blocks of flats, apartment buildings and land. There is also increasing focus on special residential facilities such as sheltered accommodations, long-term care facilities and student accommodations. Recognising potential. All kinds of real estate demand detailed knowledge of the market and how it is likely to evolve. The correct appraisal of a property depends on its type, as well as on a range of other factors relevant for determining its worth. Value-added and opportunistic real estate, which is not currently performing optimally, requires close examination by an experienced real estate consultant. Our investment team, which currently comprises a managing director and eight consultants with an expert understanding of all risk classes, can identify secure capital investments for you and highlight opportunities for optimising your property or project. Creating value. Developing commercial real estate and locations is one of the core skills of Grossmann & Berger s investment department. Our consultants also possess in-depth knowledge on the subject of change of use in relation to commercial sites and antiquated office buildings. In light of the growing demand for residential property, this can open up attractive opportunities for owners and investors alike. When working with you, our consultants can draw both on their knowledge of the real estate currently on the market, projects at the planning stage and future developments and on the skills of our in-house research department. We offer a comprehensive range of services: Analysis of your property or real estate portfolios and recommendations for their optimisation and development Analyses and forecasts of potential Drawing up sustainable development, usage and optimisation plans Preparing feasibility studies Identifying properties for you, often before they come on to the market Procuring and evaluating official documents Drawing up and preparing detailed sales documents Assistance during discussions with architects, the authorities, construction companies and financial service providers Support with contractual negotiations
ADVISORY SYNERGIES GROWTH THROUGH INNOVATION Teamwork for your benefit Tradition plus innovation. Reliability is the foundation of real estate investment, and reliability is what characterises Grossmann & Berger GmbH, a firm active for over 80 years in the City of Hamburg and beyond. Along with their experience and sense of tradition, our investment advisors apply a spirit of innovation and foresight when they go about their work. They always have their fingers on the pulse of the times, and this enables them to discern a district s potential and add value through far-sighted action, or even develop a new city quarter. That, for example, was how the initial impetus came about for the Hanse- Viertel, Hamburg s first shopping arcade, and our investment team also fostered the development of the City West complex. Growth is the goal. In tandem with the planned expansion of Grossmann & Berger as a whole, the investment team has also grown. Thus, our investment advisors now cover not only Hamburg but also the entire North German region, including the states of Schleswig-Holstein, Bremen, Lower Saxony and Mecklenburg-Western Pomerania. The team, which has known the market for many years, guarantees consistently high advisory quality, and today, Grossmann & Berger can also bring its investment skills to bear in Berlin. Cooperation as a service. Collaboration is the key to success. In our investment team real estate economists, lawyers, chartered surveyors, technical experts and business administrators all pull together, and many of our advisors also have experience working abroad. They painstakingly scrutinise the market and real estate in our clients interests, thus creating the foundations of trust. They generate synergies and added value through inter-departmental exchanges with colleagues in the office, retail and industry sections. Grossmann & Berger also cooperates closely as and when required with Hamburger Sparkasse and its subsidiary HASPA HanseGrund, whose administrative expertise rounds off our comprehensive spectrum of commercial real estate services. National and international networks. Grossmann & Berger s investment advisors can not only draw on dense networks across the North German region, they also possess excellent contacts throughout Germany and internationally. By working with a globally active real estate network and investors, our advisors also keep up to speed with international markets, trends and transactions.
RELATIONSHIPS GOING BACK YEARS PARTNERSHIP-BASED RELATIONS Founded on trust The real estate world has changed at breakneck pace over the past decade. Everything has become more professional and more complex. In view of this, it is good to have had the backing over the years of a trusted, expert partner in the shape of Grossmann & Berger, who have accompanied and intimately understood these developments. Dieter Becken Managing Partner of Becken Holding GmbH Creative, fast, expert and loyal. For us, as a medium-sized company, these are key factors for a good working relationship. And that s Grossmann & Berger! Jean Jaques de Chapeaurouge Partner at Norddeutsche Grundvermögen Bau- und Entwicklungsgesellschaft mbh & Co. KG We ve had a great working relationship with the team at Grossmann & Berger for many years now. We are delighted with all the successes we ve achieved together. Andreas Barke Managing Partner of Cogiton GmbH
COOPERATION WORKING TOGETHER FOR YEARS Always focusing on your goals In doing business in Hamburg, we have found Grossmann & Berger to be very professional property advisors. They have a depth of knowledge and credibility in the local market. Sean Reilly Owner of McGarrell Reilly Group We greatly value the many years we have worked with Grossmann & Berger, all the more so given the many marketing successes achieved by our premium projects in Hamburg. Ali-Reza Momeni Director of MOMENI Immobilien Holding GmbH What I value about Grossmann & Berger is that they not only have a dense local network of contacts but also excellent access to national and international institutional and private investors. Peter M. Feldmann Director of ABG Projektentwicklungs GmbH
COMMERCIAL INVESTMENT Grossmann & Berger GmbH Bleichenbrücke 9 D-20354 Hamburg Tel.: +49 (0)40 350 80 20 08 13; Photography: Gerhard Kubetschek, Carsten Leuzinger, shutterstock.com, thinkstock.com