In its March 2016 European Investment Briefing, Savills noted that the prime office yield in Hamburg at the end of last year was 4.1%. The yield had therefore stayed contracted by 20 basis points over the course of 2015. Rental growth over the year was 4.2%. The yield from regional shopping centres was 4.0%, or 40 basis points lower through 2015. Savills notes that GDP growth in Germany in 2016 is expected to be 2.2%.

Source : Savills/Mar 2016/Hamburg/RET