In a prime location: Neuhavn - new district with 206 rental apartments in HafenCity

In a prime location: Neuhavn - new district with 206 rental apartments in HafenCity

According to a report from www.abendblatt.de, a new district with 206 rental apartments is being built in Hamburg's HafenCity. The residential area called “Neuhavn” is being built at Baakenhafen and is being developed by the project developer Quantum Immobilien AG. It covers an area of ​​20,500 square meters and is scheduled to be completed by the end of 2024.

The new residential area offers a total of 206 modern rental apartments, the majority of which are publicly subsidized and “voluntarily rent-reduced”. There will also be usable space for offices, restaurants and shops, as well as green spaces and playgrounds for children. The entire district is being built to Efficiency House Standard 55 and carries the HafenCity Platinum environmental label.

The area is well connected to local public transport and has a developed bicycle infrastructure and car sharing options. There will be almost 500 bicycle parking spaces and 80 car parking spaces available in the in-house underground car park. Marketing of the rental apartments is expected to start in April 2024.

The construction of the new district is expected to have an impact on the real estate market in Hamburg. The creation of new rental apartments can increase the supply on the market, which could lead to a possible reduction in rental prices. The attractiveness of HafenCity as a residential location will be increased by the new district, which could lead to higher demand for living space. This, in turn, could lead to a further increase in property prices in the region.

Source: According to a report from www.abendblatt.de