HafenCity is a trophy-tier Hamburg submarket with average asking rent around €444/sqm/yr · ≈ $44.5 PSF/yr USD.

  • Average asking rent: €444/sqm/yr · ≈ $44.5 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: €408/sqm/yr · ≈ $40.9 PSF/yr USD ($41 USD).
  • Citywide vacancy: 4.4% — submarket-level availability is typically tighter at trophy tier.

HafenCity, Hamburg office rents and availability

HafenCity is a trophy-tier Hamburg submarket with average asking rent around €444/sqm/yr · ≈ $44.5 PSF/yr USD.

TL;DR

  • Average asking rent: €444/sqm/yr · ≈ $44.5 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: €408/sqm/yr · ≈ $40.9 PSF/yr USD ($41 USD).
  • Citywide vacancy: 4.4% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

HafenCity averages around €444/sqm/yr · ≈ $44.5 PSF/yr USD for Class A, against a citywide Class A index of 408. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Europe's largest inner-city redevelopment. Media (Spiegel), logistics (Kühne+Nagel), maritime, hospitality.

Key facts

cityHamburg
submarketHafenCity
tiertrophy
averageRentLocal€444/sqm/yr · ≈ $44.5 PSF/yr USD
cityClassARentUsd$41/sqft/yr
cityVacancyPct4.4%

Frequently asked questions

What is the average Class A rent in HafenCity, Hamburg?
Around €444/sqm/yr · ≈ $44.5 PSF/yr USD. The citywide Class A index sits at €408/sqm/yr · ≈ $40.9 PSF/yr USD.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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