Neustadt / Innenstadt is a trophy-tier Hamburg submarket with average asking rent around €432/sqm/yr · ≈ $43.3 PSF/yr USD.

• Average asking rent: €432/sqm/yr · ≈ $43.3 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.

TL;DR

• Average asking rent: €432/sqm/yr · ≈ $43.3 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

Neustadt / Innenstadt averages around €432/sqm/yr · ≈ $43.3 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

Heritage CBD core. Banking, law firms, trading houses, professional services, retail HQs.

Key facts

Frequently asked questions

What is the average Class A rent in Neustadt / Innenstadt, Hamburg?

Around €432/sqm/yr · ≈ $43.3 PSF/yr USD. The citywide Class A index sits at €408/sqm/yr · ≈ $40.9 PSF/yr USD.

Related

• Neustadt / Innenstadt — submarket overview
• Hamburg — full city profile
• Hamburg submarkets — all
• Neustadt / Innenstadt — Tenants
• Neustadt / Innenstadt — Transit
• Neustadt / Innenstadt — Amenity
• Neustadt / Innenstadt — Buildings

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.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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