{
  "url": "https://classa.info/cities/hamburg/class-a-vs-class-b",
  "title": "Hamburg Class A vs Class B office",
  "description": "The Class A vs Class B rent spread, vacancy gap, and quality differential in Hamburg.",
  "oneSentenceAnswer": "Class B office in Hamburg typically trades 30–60% below Class A on rent, with materially higher vacancy and a much harder lease-up profile.",
  "tldr": [
    "Class A asking: €408/sqm/yr · ≈ $40.9 PSF/yr USD; Class B typically 30–60% below.",
    "Vacancy gap is structural — Class B carries the long tail.",
    "Repricing of Class B is the defining feature of post-2020 office markets.",
    "Conversion (residential / mixed-use) is now a real exit for Class B in many Hamburg submarkets."
  ],
  "keyFacts": {
    "city": "Hamburg",
    "country": "Germany",
    "region": "EMEA",
    "classARentLocal": "€408/sqm/yr · ≈ $40.9 PSF/yr USD",
    "classARentUsd": "$41/sqft/yr",
    "vacancy": "4.4%",
    "typicalLeaseYears": 5,
    "typicalRentFreeMonths": 6,
    "submarkets": 5,
    "primeYieldPct": "4.2%"
  },
  "faqs": [
    {
      "question": "How much cheaper is Class B than Class A in Hamburg?",
      "answer": "Typically 30–60% on rent, with materially higher vacancy and weaker concessions. The gap has widened since 2020."
    }
  ],
  "pageType": "city-topic",
  "lastUpdated": "2026-04-15T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/cities/hamburg/class-a-vs-class-b), updated 2026-04-15T00:00:00.000Z."
}