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Hamburg logistics property market beats record take-up

With a volume of 630,000 m² generated by all market participants, the Hamburg market for rental and owner-occupied warehouse, logistics and industrial space broke the previous record set in 2016 (610,000 m²). Take-up increased by 21.2% year-on-year (2020: 520,000 m²) and beat the five-year average of 490,000 m² by an…