Net office prime yield in Hamburg, Germany 2013-2023
The net office prime yield in Hamburg, Germany, expanded for the second year in a row in 2023. Between 2013 and 2021, yields fell year-on-year, reaching the record-low 2.55 percent. In 2023, the prime yield stood at 4.25 percent. The net prime yield refers to the ratio of net income to purchase price of a property of highest specification, best location, and standard size commensurate with local demand. Across the major European markets, the lowest yields were found in Geneva, Zurich, and Paris.