Bundesanstalt für Immobilienaufgaben Signs Long-Term 4,900-Sqm Lease at Deka Immobilien's Lindley Carrée in Hamburg
Deka Immobilien GmbH and Deka Immobilien Investment GmbH have signed a long-term office lease with Bundesanstalt für Immobilienaufgaben (BImA), Germany's federal real estate agency, for approximately 4,900 square meters of space — including storage — at the Lindley Carrée building in Hamburg. The agreement is structured as a Light Green Lease and includes several extension options.
Deal Details: Lindley Carrée Lease With Bundesanstalt für Immobilienaufgaben
The leased space at Lindley Carrée, located at Sachsenstraße 4–8 in Hamburg's centrally situated Hammerbrook district, accounts for a meaningful share of the building's total 23,071 square meters of lettable area. In addition to the office and storage space, the lease covers 46 parking spaces in the property's underground car park. The building's total parking inventory spans 346 spaces across both underground and outdoor facilities.
The Light Green Lease structure reflects a growing practice in the European office market of embedding sustainability-related commitments directly into lease agreements, aligning landlord and tenant obligations around energy use, reporting, and environmental performance.
Property Profile: Lindley Carrée in Hamburg-Hammerbrook
Lindley Carrée was completed in 2010 and rises seven storeys, combining modern architecture with contemporary specifications. One of the property's distinguishing physical features is an interior courtyard with a terrace positioned directly alongside one of Hamburg's characteristic canals — known locally as a Fleet — giving tenants access to an outdoor waterside area.
The building's location in Hammerbrook supports multimodal access. Hammerbrook S-Bahn station sits in the immediate vicinity, providing rail connections across Hamburg, while proximity to the A1 motorway links the property to the broader regional road network. A range of dining and food service options in the surrounding area rounds out the local amenity base.
Market Context: Hamburg Office Demand and ESG-Driven Leasing
The lease comes as Hamburg's office market shows a bifurcated demand picture. Office take-up in the first half of 2026 reached approximately 189,300 square meters, below the prior-year pace, while vacancy across the market has drifted higher, with estimates ranging from roughly 6.4% to 7.2% depending on methodology and reporting date. Total vacant space has been estimated at between approximately 943,300 square meters and 1.14 million square meters across different market surveys.
Average achieved rents in Hamburg have been reported in the range of approximately €22.18 to €22.80 per square meter per month, while prime rents have held in the range of approximately €37.00 to €41.00 per square meter per month. The divergence reflects sustained demand for well-located, high-quality space even as lower-grade inventory accumulates vacancy.
Lindley Carrée's 2010 vintage, central submarket position, transit access, and Light Green Lease structure position it within the segment of Hamburg office stock that has continued to attract tenant interest. For Deka Immobilien GmbH and Deka Immobilien Investment GmbH, the transaction secures a creditworthy public-sector tenant in a market where selective demand for quality space has remained more resilient than the broader vacancy figures suggest. For Bundesanstalt für Immobilienaufgaben, the move is consistent with a broader pattern of public-sector tenants gravitating toward newer, more efficient buildings with stronger ESG credentials, flexible lease structures, and accessible locations.
About the Parties
Bundesanstalt für Immobilienaufgaben is the German federal agency responsible for managing federal real estate assets. Deka Immobilien GmbH and Deka Immobilien Investment GmbH are part of the Deka Immobilien platform, which operates a broad European real estate portfolio spanning multiple markets and property types. A half-year report for Deka-ImmobilienGlobal reflected net fund assets of €6.88 billion and gross property assets of €6.69 billion as of March 31, 2026.
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