The location of a commercial property is one of the main criteria for companies when choosing a site. The movement of goods by ship is also important as well as digital infrastructure. Factors such as an attractive urban appearance, quality of stay for employees, public transport connections and local amenities are also gaining importance. Reinhard Sager, District Administrator from the lead district of Ostholstein, noted: "Another aspect is higher demands on climate and environmental protection. The Hamburg Metropolitan Region has therefore set itself the goal of always taking these sustainability criteria into account when developing business locations."
A total of 422 transactions occurred in 2019 including 182 in Schleswig-Holstein, 178 in Lower Saxony, 44 in Mecklenburg-Western Pomerania and 18 in Hamburg. Companies are dependent on a sufficient supply of land to be able to set up a premises or to expand. Supply in many regions has not kept pace with the high demand in recent years. It remains unclear whether the COVID-19 pandemic will impact demand, according to the Hamburg-based Georg Consulting, which authored the report.
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