Retail City Profile Hamburg ull year 2017 Published in eptember 2017 Retail Market Hamburg table prime rent currently at 280/sqm p.m. Tourist destination recording more than 13.0 million overnight stays in 2016 Prime multiplier currently at 26.0
Overview of prime retail location(s) ankt Pauli ÅDB chillerstr. Jungiusstraße Caffamacherreihe Valentinskamp Gorch-ock-Wall Dammtorstraße Gänsemakrt Esplanade Neustadt Neuer Jungfernstieg Rotherbaum erdinandstor Lange Reihe uhlentwiete ABC-traße Hohe Bleichen Gerhofstr. Poststraße Große Bleichen Neuer Wall Jungfernstieg W HAMBURG Alsterhaus (Karstadt) Europa-Passage Bergstraße Karstadt W Mönckebergstraße Domstraße teinstraße pitalerstraße C&A Glockengießerwall An der Alster ankt Georg Verlagshaus pringer Kaiser-Wilhelm-traße Alter Wall Ballindamm Altstadt Wallringtunnel teintorwall ÅDB Hamburg Hauptbahnhof W Galeria Kaufhof Klosterwall Kirchenallee Willy-Brandt-traße Deichtortunnel Amsinckstraße Högerdamm 0 100 200 Rödingsmarkt Kajen Zippelhaus Dovenfleet HafenCity Brooktorkai Hammerbrook Einzelhandel / Retail Einkaufzentren /hopping Centres W 1a-Lage / Highstreet Warenhaus / Department tore hopping / hopping Centre In Planung, Bau / planned, under construction OpentreetMap & Contributors, JLL Research 2017 Retail City Profile Hamburg eptember 2017 2
Demographic data and retail figures Demographic data Retail figures Ranking* Population as per January 01, 2016 1,787,408 2 Population trend 2012-2016 (in %) -1.0 Number of visitors 2016 (overnight reservations) 13,331,001 3 Number of employed persons as per June 30, 2016 932,219 2 Employment trend 2012-2016 (in %) +9.1 Unemployment rate 2016 (annual average in %) 7.1 Business tax per inhabitant 2015 (in Euro) 908 4 Ranking* Retail-relevant purchasing power index 2017 per inhabitant 105.1 8 Purchasing power index 2017 per inhabitant 109.4 8 Retail sales index 2017 per inhabitant 125.0 13 Centrality index 2017 118.9 16 Chain store penetration ratio 2016, total prime location (%) 68.7 trongest pedestrian traffic Ø per hour Place of counting: Mönckebergstraße 7/18 aturday, May 06 2017 from 1.00 p.m. to 4.00 p.m. 9,575 6 Rent in prime location 100 sqm retail store 2017** (in Euro/sqm) 280 5 Rent in prime location 1,000 sqm retail store 2017*** (in Euro/sqm) 125 4 Employment structure by lines of industry 2016 Business sector structure 2016 in prime location Manufacturing 15.8% Trade/Transport 27.6% Business ervices 33.1% Public administration 23.5% Age structure (population) per 01.01.2016 Textiles 34.3% hoes/leather goods 9.0% Health/Beauty 9.0% Jewellers 7.2% ood/restaurants, etc. 13.5% Telecommunications/ Home electronics 3.8% urnishings/décor 6.3% Books/tationery 1.0% ports/outdoor 2.0% Others 13.9% 0 up to 16 years 14.4% 16 up to 30 years 17.9% 30 up to 50 years 30.4% 50 up to 65 years 18.6% 65 up to 70 years 4.6% Older than70 years 14.1% * Ranking among 25 cities, of which JLL Retail City Profiles exist. ** Net rent for a virtual shop, 100 sqm sales space ground floor, without steps and columnfree frontage approximatly 6 m. In case of serveral price levels, the rental of the highest potential street is mentioned. *** Net rent for a virtual shop, 500 sqm of ground level space, ten metres front and 500 sqm in the first floor. Retail City Profile Hamburg eptember 2017 3
Rental price development and value development Rental price development in prime location Value development in prime location Index value 2008=100 Index value 2008=100 Prime rent Hamburg * Basis: 185 cities Development between H1 2007-H1 2017: 43.6 % Average prime rent* Development between H1 2007-H1 2017: 14.6 % Inflation Development between H1 2007-H1 2017: 14.0 % Peak value Hamburg * Basis: 185 cities Development between H1 2007-H1 2017: 53.9 % Average peak value* Development between H1 2007-H1 2017: 15.2 % Inflation Development between H1 2007-H1 2017: 14.0 % High street prime rent in Hamburg (in Euro/sqm/month) 2012250 2013255 2014 275 2015280 2016280 H1 2017280 Multiplier in prime location Hamburg 201222.00 201322.00 201422.00 2015 23.70 201626.00 H1 201726.00 Retail City Profile Hamburg eptember 2017 4
hopping Centres / Retail Parks Elmshorn MZ Wedel Elbe-Einkaufszentrum Buxtehude Prisdorfer EKZ Wedel (Holstein) A23 Pinneberg Elbe Neu Wulmstorf tadtzentrum chenefeld Mercado Altona-Ottensen Quickborn MZ Holsteiner Chaussee tilwerk Lurup Marktkauf- Harburg Europa-Passage üder Elbe Luna EKZ (ex WEZ) Nedderfeld Alter Wall Harburg Arcaden Herold- Norderstedt Krohnstieg Quarree Wandsbek-Markt Tibarg A253 Norderstedt HAMBURG W1 Hamburger Meile Norder Elbe A255 Phoenix- Alstertal Einkaufszentrum Marktplatz Galerie Bramfeld Billstedt- EKZ TONDO City Bergedorf MZ CCB Bergedorf Ostkreuz Marktkauf- Bergedorf City- Ahrensburg (CCA) Ahrensburg Einkaufs Treffpunkt armsen EKZ Jenfeld Rahlstedt Reinbek A25 A21 A24 Geesthacht 0 2 4 Buchholz in der Nordheide A261 A1 Hittfeld A7 A250 Luhe Park Winsen Elbe Winsen (Luhe) Einkaufszentren / hopping Centres hopping / hopping Centre tadtgrenze / City Limits Hauptgeschäftszentrum / City Centre achmarktzentrum / Retail Park In Planung, Bau / planned, under construction Dargestellt sind hopping und achmarktzentren >=10.000 m² (Vkf) Displayed are hopping Centres and Retail Parks >=10.000 m² Net Leasable Area (NLA) infas Geodaten, OpentreetMap and contributers, JLL Research 2017 Retail City Profile Hamburg eptember 2017 5
List of references JLL Research: Business sector structure in prime locations, calculation of chainstore penetration and rental price of the listed streets, overview of prime retail locations, rental price development, value development, shopping centres Regional and ederal tatistics Offices: Population, visitor numbers, business tax, age structure, inflation rate ederal Employment Agency: Persons employed, employment structure, rate of unemployment IH Retail Consultants: Retail purchasing power index, sales index, centrality index, pedestrian frequency GfK Geomarketing: Purchasing power index EHI-hopping--Report/German Council of hopping s e.v.: Information about existing and planned shopping centres Consensus Economics: Prediction inflation rate Retail City Profile Hamburg eptember 2017 6
Contacts Jörg Ritter Management Board Germany Retail rankfurt tel +49 (0) 69 2003 2316 joerg.ritter@eu.jll.com Dirk Wichner Head of Retail Leasing Germany Berlin tel +49 (0) 30 203980 118 dirk.wichner@eu.jll.com andra Ludwig Head of Retail Investment Germany Hamburg tel +49 (0) 40 350011 207 sandra.ludwig@eu.jll.com Anke Kaukars Head of hopping ervices Germany rankfurt tel +49 (0) 69 2003 1154 anke.kaukars@eu.jll.com Helge cheunemann Head of Research Germany Hamburg tel +49 (0) 40 350011 225 helge.scheunemann@eu.jll.com jll.de Information regarding JLL and our services jll.de/research All research reports on current market figures and special topics jll.de/research/einzelhandel Request further Retail City Profiles of other cities here jll.de/immo Commercial real estate properties for sale or to let throughout Germany Copyright Jones Lang Lasalle E, 2017. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Jones Lang Laalle. It is based on material that we believe to be reliable. Whilst every eff ort has been made to ensure its accuracy, we cannot off er any warranty that it contains no factual errors. We would like to be told of any such errors in order to correct them.