Enhanced services for international businesses

Hamburg database for commercial real estate (HDB) now also available in English

Enhanced services for international businesses

Hamburg is one of the most attractive locations for international companies in Germany. To provide these companies with easier access to new office and commercial spaces, an English version of the Hamburg database for commercial real estate (HDB) has now been launched. Dr Rolf Strittmatter, managing director of the HWF Hamburg Business Development Corporation, explains: "Each year, about 300 international companies locate to Hamburg, and established international players that are already here continue to expand. Many of these have told us that they would appreciate an English-language online portal for Hamburg that would provide an overview of available office and commercial spaces as well as new investment projects. We are now closing this gap, helping international companies to settle and grow, while at the same time creating an additional distribution channel for Hamburg’s real estate sector." The HDB database currently comprises a portfolio of more than 1,300 properties for sale and to rent, with an expected 2,500 objects to be included by the end of the year. The HDB portal also offers information on 80 current development projects in Hamburg from the office and hotel category: www.hdb-hamburg.de.

As well as being Hamburg’s online portal for commercial real estate, the HDB database also acts as the City’s main point of reference for commercial real estate. With its real estate services, the HWF Hamburg Business Development Corporation assists businesses in finding suitable properties, and the HDB online portal has been developed to facilitate this process. The website provides a comprehensive overview of objects offered by owners, project developers and renowned Hamburg real estate agencies. In addition to providing the HDB database, the HWF brokers suitable office, function, storage and commercial space, assists with relevant paperwork and supports businesses looking to locate and/or seeking developed or undeveloped sites.

What is more, real estate agents and private vendors have the opportunity to advertise their properties on the HDB website, and the Offer of the Week section offers insights into the ever-changing potential of available sites in Hamburg. The website also provides information on existing business centres and planned technology parks. With additional market and location information as well as selected event tips, the HDB portal covers a broad range of topical content from the commercial real estate sector. The German-language version of the HDB portal was launched by the HWF in April 2009.