Hamburg, September 4, 2025 – The ABG Real Estate Group has extended three lease agreements totaling around 5,500 sqm in the newly repositioned Hamburg office building 34HAMMERBROOK. As a result, Vodafone GmbH, EHA Energie-Handels-GmbH & Co. KG, and FernUniversität in Hagen will remain in the former VTG Center at Nagelsweg 34.
“The extension of three leases by existing tenants sends a strong signal of confidence—both in the quality and location of the property and in our proactive commitment as owner and asset manager,” says Christian Bock, Managing Director of ABG Investment and Asset Management at the ABG Real Estate Group.
34HAMMERBROOK is a multi-tenant office property with approximately 22,750 sqm of rental space. The floors offer flexibly divisible units ranging from 700 sqm to 2,700 sqm per floor. Following the planned departure of VTG GmbH, prospective tenants will have access to around 15,000 sqm of newly designed office space from mid-2026. The property includes 288 underground parking spaces and 13 outdoor spaces.
Located directly on Nagelsweg with maximum visibility, the building complex offers tenants a prestigious office address. Each of its four sections features a landscaped inner courtyard. With its repositioning and redesign, the ensemble can be divided into individual building sections, enabling a “house-within-a-house” solution that creates its own identity.
ABG Real Estate Group acquired the eight-story property in 2022 in Hamburg’s Hammerbrook district, part of the City-South submarket. The award-winning building is undergoing a conceptual redesign, focusing on upgrading the outdoor areas, fully renewing the technical building systems, and implementing innovative new-work concepts that meet today’s requirements for flexible and inspiring work environments. In doing so, ABG Real Estate Group is clearly signaling its intention to further develop 34HAMMERBROOK both economically and in terms of design and functionality.
About ABG Real Estate Group
Founded in Munich in 1967, ABG Real Estate Group looks back on more than 55 years of success. With its three business divisions – Development, Investment Management and Asset Management – the Group covers the entire real estate lifecycle under one roof: from project development and construction supervision to leasing, financing and investment services.
ABG Real Estate Group operates nationwide with offices in Hamburg, Frankfurt, Berlin, Cologne and Munich. With over 85 employees, the company develops, manages and invests in commercial properties, residential buildings and urban quarters. The current volume of assets under management exceeds €3.4 billion.
Its portfolio includes landmark developments such as Deutschlandhaus in Hamburg, the high-rise Skyper in Frankfurt, the urban quarter Living Isar in Munich and the iconic VoltAir in Berlin.
Ongoing projects include the CENTRAL PARX and PALAIS ROSSMARKT developments in the heart of Frankfurt, the Mariengärten residential quarter in Munich, and the YORCKS project in Düsseldorf.