In today’s dynamic real estate environment, identifying investment hot spots is more important than ever. This is particularly true when picking cities and urban districts that have a high development potential.
Two outstanding examples in the German office market are the central urban redevelopment zones of the HafenCity district in Hamburg and the Werksviertel district in Munich. These former industrial estates are currently being transformed into modern multi-functional urban neighbourhoods, which offer not only office and residential accommodation, but also retail and leisure facilities.
A major element in these developments is the integration of various ESG criteria, which, in turn, is a major reason for the attractiveness of these up-and-coming locations.
Understanding how office market segments in these districts perform, and why investments in such urban quarters are particularly attractive can deliver strong returns for real estate investors.
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