Hamburg-Nord as an investment location for real estate
Urban growth district with the highest population density and good accessibility
Hamburg-Nord has around 331,291 inhabitants on 57.8 km² as at 31.12.2024 and thus has the highest population density of all Hamburg districts, which indicates a broad, stable tenant base and low vacancy risks. The central location between the Outer Alster and the state border with Schleswig-Holstein, the close public transport links and Hamburg Airport in Fuhlsbüttel create a strong accessibility profile for commuters, students and mobile professionals. The new U5 line will connect City Nord, Winterhude, Barmbek-Nord and, in the future, university/UKE corridors and is expected to carry around 270,000 passengers a day in the long term - a driver of demand and value for properties close to micro-locations along the route.
Micro-location advantages: Eppendorf/Winterhude, Barmbek-Nord/City Nord and Uhlenhorst/Alsterkorridor
Eppendorf and Winterhude combine sought-after old building districts, Alster/Stadtpark connections and short distances to health, education and culture - ideal for core profiles in refurbished apartment buildings and high-quality micro-apartment/furnished concepts with low fluctuation. Barmbek-Nord and City Nord benefit directly from the U5 construction activity (e.g. Barmbek-Nord/Fuhlsbüttler Straße stops, Sengelmannstraße combined stop, City-Nord station), which increases accessibility, frequency and repositioning opportunities in second rows. Uhlenhorst/Hohenfelde on the Alster corridor offer premium residential profiles close to the city center with a strong willingness to pay and visible ground floor usage options; Langenhorn/Fuhlsbüttel/Alsterdorf complement a diversified tenant base with greener, family-oriented submarkets and proximity to the airport.
Future impetus and strategies from core to value-add with ESG levers
The U5 is progressing in 2025 with shell construction in City Nord, tunnel excavation on Sengelmannstrasse and construction work starting as far as Steilshoop; once completed, the driverless line will connect 180,000 residents for the first time or better and consolidate nodes such as UKE/University and Lokstedt - a structural lever for lettability, rental momentum and exit capability along the axis. Core strategies focus on refurbished properties close to public transport and the Alster in Eppendorf/Winterhude/Uhlenhorst and U5 corridors City Nord/Barmbek-Nord, while Value-Add scales via energy modernization, floor plan optimization and ground floor repositioning in side locations, especially near future stops. The solid demographics with 331,291 inhabitants, high density and distinctive corporate landscape underpin cash flow stability; data-based district profiles from Statistik Nord support micro-location-sensitive allocation and ESG planning down to the neighborhood level.
Standard land values for Hamburg-Nord
The standard land values for Hamburg-Nord can be found in the standard land values for Hamburg here.