Hamburg, a cosmopolitan and historic port city on the River Elbe near the North Sea, is a key cog in the economy of the 21st century. With a population of 1.86 million, Hamburg is the second-largest city in Germany.
Hamburg sits astride a series of transportation axes—shipping lanes, motorways, rail and air—that connect Scandinavia and Western, Eastern and Southern Europe. Aerospace is a major industry in the Hamburg region, employing some 40,000 people.
All the factors that drive demand for logistics and industrial properties are present in Hamburg. Foreign trade and distribution is a huge industry, and Hamburg’s port is Europe’s third-largest container port, handling 8.9 million TEUs annually. Home to the operations of Airbus and Lufthansa, manufacturers and suppliers move large quantities of parts and finished goods through the region’s warehouses. And with a wealthy population of 5.3 million people in the extended metropolitan area, consumption and e-commerce are significant drivers of logistics demand, as well.
Because of its port-related activity and the presence of a number of large manufacturers, Hamburg is an important link in the European supply chain and the largest logistics market in Germany, measured by volume of stock.
Prologis operates numerous industrial properties and warehouses in the Hamburg region, many of which are located near the port and the airport.
Our Office in Hamburg