Welcome to the Hamburg branch of IVG Immobilien AG! We are located close to the harbour – between the "Überseebrücke" (bridge) and "Sandtorkai" (quayside street) – and are responsible for IVG properties in North Germany. The management brief from the Hanseatic city also includes other properties, including office blocks in Flensburg and Hanover.

25 properties, belonging to the strategic portfolio and to be transferred to the new company, are located in the Metropoliltan Area of Hamburg. These assets are valued at € 510m and represent about 16% of the total strategic portfolio by real estate value. 

Key metrics of these properties are:  
Lettable Area (000’ sqm) 256
Occupancy Rate 82.8%
WAULT1 (Years) 3.5
Annualised In-place Rent2 (€m) 28.4
Avg. In-place Rent/Sqm/Month3 (€) 10.4
Real Estate Value (€m) 510
Rental Yield 5.6%


All data as of 31-Mar-2016 unless indicated otherwise. 

1 To first break option. Weighted by in-place rent.
2 Annualised in-place rent as of 31-Mar-2016.
3 Excludes parking lots. 

IVG Immobilien AG, Hamburg Office
Baumwall 7 
20459 Hamburg

Contact lettings

Markus Holstein +49 (0)40 537 134-0
Darius Sabet +49 (0)40 537 134-0
Claudia Lünse +49 (0)40 537 134-0

Contact transaction

Frank Menhart
Head of Asset Management | Transactions
+49 (0)40 537 134-0
Jan-Willem Olliges +49 (0)40 537 134-0

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