Trends+und+Fakten+2015_Final_Englisch

2015

WIRTSCHAFTSFÖRDERUNG

EVERYTHING AT A GLANCETRENDS & FACTS 2015

Location information Issue 5/2015

2 TABLE OF CONTENTS

Location & infrastructure Page 04

Transport connections Page 05

Population Page 06

Employment Page 08

Commuter interrelationships Page 14

Job market Page 16

Economic metrics Page 1 7

Purchasing power & retail Page 18

Business enterprises Page 20

Key sectors Page 24

Education & science Page 28

Commercial properties Page 34

Commercial plots Page 36

Tax assessment rates Page 37

Residential Page 38

Tourism Page 42

Trade fairs Page 44

3

Nationwide comparisons highlight how much the Hannover Region has to offer as a business

location.

In this brochure, the Business and Employment Promotion Department of the Hannover Region

has compiled and visualised the most important metrics on Hannover’s economic status.

If you would like to know more, then please contact us at any time to discuss any aspect of our

region, because we are the service provider for resident businesses, and enterprises currently

located in other areas. So whether you have a matter you would like to discuss with the local

administration, require advice on financing and subsidy opportunities for your company, are

looking for plots or properties, or require assistance in helping your company deal with a difficult

situation, get in touch with us for advice and practical support.

Your Business and Employment Promotion Team

Hannover Region5

,20

7

8,1

2025

,679

245

,46

0

12,4

70

90

,48

1

147,

90

0

13,2

97,

733

4 LOCATION & INFRASTRUCTURE

A 352

A 37

A 7

A 7

A 2

A 2

Bremen, Hamburg, northern Europe

NEUSTADT A. RBGE.

WUNSTORFGARBSEN

LANGEN- HAGEN

WEDEMARK

Leine

Steinhuder Meer

Mittellandkanal

BURGWEDEL

ISERNHAGEN

BURGDORF

UETZE

LEHRTE

SEHNDE

PATTENSEN

HEMMINGEN

WENNIGSEN

SPRINGE

BARSINGHAUSEN

GEHRDEN

SEELZEHANNOVER

Frankfurt a.M., Munich, southern Europe

Rhi

ne-R

uhr a

rea,

wes

tern

Eur

ope

Berli

n, e

aste

rn E

urop

eLAATZEN

0 5 10 15 20 km

RONNENBERG

Inland waterwayMotorwayTrunk road (dual carriageway)Main roadRailway lineCentral StationRailway stationAirportInland portExhibition GroundsLehrte GVZ mega hub

5

Travel time by ICE high-speed train from Hannover to (in h:m)

Berlin 01:37

Bremen 00:57

Dortmund 01:38

Dresden 04:00

Essen 02:03

Frankfurt am Main 02:06

Hamburg 01:12

Cologne 02:38

Leipzig 02:41

Munich 04:13

Nuremberg 02:57

Stuttgart 03:47

Traffic figures

Hannover Central Station 250,000 passengers 622 regional and intercity trains

daily daily

Hannover local public transport system (GVH) 204.6 million passengers 2014

Hannover-Langenhagen airport 5.3 million passengers 2014

Source: Figures provided by transport and operating companies

TRANSPORT CONNECTIONS

This close to ...

The Hannover Region is a vital hub within the European passenger, freight and goods trans-

port infrastructure: optimum connections to national and international economic zones are

provided by the motorways, railway networks, airport, and inland waterways. This infrastruc-

ture is complemented by one of Germany’s best local public transport systems: boasting a

highly integrated transport network comprising 170 bus lines, and 12 LRT lines, 8 regional

and 7 suburban railway lines. The high user figures underpin the importance of Hannover as a

transport hub.

6

The population in the Hannover Region has been growing continuously for several years. The

Hannover Region is currently home to over 1.12 million people in an area covering 2,290 km2 –

545,000 are male, 577,000 are female. Population growth is an important metric for the size

of the workforce, the demand for infrastructure services, housing, and other private and public

services and offers.

POPULATION

Development in population

Population Change 2011–2014

2011 2014 absolute in %

State capital Hannover 506,713 519,942 13,229 2.61

Barsinghausen 33,054 33,233 179 0.54

Burgdorf 28,859 29,611 752 2.61

Burgwedel 20,285 20,243 –42 –0.21

Garbsen 59,572 60,023 451 0.76

Gehrden 14,078 14,438 360 2.56

Hemmingen 18,429 18,600 171 0.93

Isernhagen 22,781 23,155 374 1.64

Laatzen 38,884 39,602 718 1.85

Langenhagen 50,796 52,100 1,304 2.57

Lehrte 42,622 43,112 490 1.15

Neustadt am Rbge, 43,540 43,411 –129 –0.30

Pattensen 13,740 14,016 276 2.01

Ronnenberg 23,168 23,544 376 1.62

Seelze 31,804 32,495 691 2.17

Sehnde 23,038 23,181 143 0.62

Springe 28,558 28,359 –199 –0.70

Uetze 19,917 19,887 –30 –0.15

Wedemark 28,247 28,877 630 2.23

Wennigsen 13,946 13,922 –24 –0.17

Wunstorf 40,624 40,658 34 0.08

Hannover Region 1,102,655 1,122,409 19,754 1.79Source: State Office for Statistics Niedersachsen on the basis

of the 2011 census, calculations by the Hannover Region,

as at 30 June in each case.

7POPULATION

Change 2011–2014

Absolute

■ Increase ■ Decrease

10,000

500

1,000

Change in population 2011–2014 in %

■ More than 2

■ 1 to below 2

■ 0 to below

■ - 1 to below 0

Hannover

Barsing- hausen

Burgdorf

Burgwedel

Garbsen

Gehrden

Hemmingen

Isernhagen

Laatzen

Langenhagen

Lehrte

Neustadt am Rbge.

Pattensen

Ronnen-berg

Seelze

Sehnde

Springe

Uetze

Wedemark

Wennigsen

Wunstorf

8

One of the key indicators for economic growth and the prosperity of a region is a positive devel-

opment in employment figures. The number of employees in the Hannover Region in jobs paying

social insurance contributions has risen again year on year to reach an absolute record high of over

470,000 (+ 10,000), of which 250,000 men and 220,000 women. The key centre of employment

in the region is the state capital Hannover with a workforce of over 300,000. Around 170,000

people are employed in the surrounding area.

Employees paying social insurance contributions and their places of work

Change Male/Female

2013 2014 absolute in % Men Women

State capital Hannover 292,731 300,222 7,491 2.56 157,430 142,792

Barsinghausen 7,332 7,492 160 2.18 3,948 3,544

Burgdorf 5,186 5,352 166 3.20 2,277 3,075

Burgwedel 8,281 8,660 379 4.58 3,854 4,806

Garbsen 14,926 14,160 –766 –5.13 7,155 7,005

Gehrden 3,145 3,181 36 1.14 1,434 1,747

Hemmingen 3,695 3,721 26 0.70 2,092 1,629

Isernhagen 8,915 9,481 566 6.35 5,846 3,635

Laatzen 14,760 14,988 228 1.54 8,213 6,775

Langenhagen 31,597 32,260 663 2.10 20,346 11,914

Lehrte 12,295 12,273 –22 –0.18 7,234 5,039

Neustadt am Rbge. 9,077 9,260 183 2.02 4,258 5,002

Pattensen 3,428 3,519 91 2.65 1,756 1,763

Ronnenberg 4,178 4,265 87 2.08 2,430 1,835

Seelze 5,475 5,459 –16 –0.29 3,208 2,251

Sehnde 5,296 5,503 207 3.91 2,671 2,832

Springe 6,393 6,584 191 2.99 3,183 3,401

Uetze 3,051 3,146 95 3.11 1,744 1,402

Wedemark 6,686 6,802 116 1.73 3,640 3,162

Wennigsen 2,287 2,389 102 4.46 1,095 1,294

Wunstorf 11,611 11,629 18 0.16 6,121 5,508

Hannover Region 460,345 470,346 10,001 2.17 249,935 220,411

Source: Federal Labour Office, audited results, calculations by the Hannover Region, reporting date 30.06 in each case

EMPLOYMENT

9EMPLOYMENT

Employees paying social insurance contributions at their place of workChange 2013–2014 absolute

■ Increase ■ Decrease

Employees paying social insurance contributions at their place of workChange 2013–2014 in %

■ More than 4

■ 2 to below 4

■ 0 to below 2

■ -6 to below 0

Neustadt am Rbge.

Barsing- hausen

Gehrden

Seelze

Pattensen

Springe

Wennigsen

Wedemark

Burgwedel

Burgdorf

Hemmingen

UetzeIsernhagen

Laatzen

Langenhagen

Garbsen

7,000

500

1,000

Lehrte

Ronnen-berg

Sehnde

Wunstorf

Hannover

10

The number of employees in the Hannover Region with an academic professional qualification is

17.1 %, and therefore much higher than in lower saxony and Germany as a whole.

The proportion of women and foreigners is also well above the federal average.

Employees paying social insurance contributions according to gender

Employees paying social insurance contributions in full-time employment

Employees paying social insurance contributions in part-time employment

100 %

80 %

60 %

40 %

20 %

0 %

■ Female 220,411 1,234,424 13,933,684

■ Male 249,935 1,487,850 16,240,821

Hannover Region lower saxony Germany

53.146.9 54.7 45.3 53.8 46.2

100 %

80 %

60 %

40 %

20 %

0 %

■ Female 120,029 615,663 7,532,414

■ Male 221,084 1,346,094 14,558,411


64.8 35.2 68.6 31.4 65.934.1

100 %

80 %

60 %

40 %

20 %

0 %

■ Female 99.194 605.064 6.261.243

■ Male 26.932 121.784 1.478.486

Hannover Region Niedersachsen Germany

21.4

78.6

16.8

83.2

19.1

80.9

Source: Federal Labour Office, audited results, calculations by the Hannover Region, as at 30.06.2014



EMPLOYMENT

11

Employees paying social insurance contributions by nationality

100 %

80 %

60 %

40 %

20 %

0 %

■ German 431,306 2,561,886 27,594,881

■ Foreign 38,784 159,318 2,563,286


8.3 91.7 5.9 94.1 8.5 91.5



Employees paying social insurance contributions according to level of education

100 %

80 %

60 %

40 %

20 %

0 %

■ Academic professional qualification 80,285 312,787 4,394,669

■ Vocational training 329,468 1,970,925 20,914,351

■ No vocational training 60,593 350,031 3,864,220

Hannover Region

17.1

70.0

12.9

lower saxony

12.7

74.8

12.5

Germany

12.7

71.6

15.7

Employees paying social insurance contributions according to age structure

100 %

80 %

60 %

40 %

20 %

0 %Hannover Region lower saxony Germany

9.4

59.6

30.3

0.711.2

57.7

30.5

0.710.3

58.4

30.7

0.6

■ 15–24 years 44,389 304,060 3,116,555

■ 25–49 years 280,244 1,570,649 17,612,863

■ 50–64 years 142,545 829,429 9,253,793

■ ab 65 years 3,168 18,136 191,294

Source: Federal Labour Office, audited results, calculations from CIMA, as at 30.06.2014

EMPLOYMENT

12

Employees paying social insurance contributions according to economic sectors

2013 2014 Change

absolute proportion

in % absoluteproportion

in % absolute in %

Agriculture, forestry, fishing 1,121 0.2 1,174 0.2 53 4.7

Mining and pit & quarry industries 1,768 0.4 1,735 0.4 –33 –1.9

Manufacturing industries 67,457 14.7 67,949 14.4 492 0.7

Energy supply, water supply; sewage and waste disposal, and cleaning up environmental con-tamination

4,531 1.0 4,245 0.9 –286 –6.3

Other supply and disposal indus-tries

3,593 0.8 3,725 0.8 132 3.7

Construction industry 19,738 4.3 20,293 4.3 555 2.8

Trading; maintenance and repair of vehicles

63,736 13.8 63,824 13.6 88 0.1

Transport and warehousing 29,631 6.4 30,996 6.6 1,365 4.6

Hospitality sector 14,050 3.1 14,560 3.1 510 3.6

Information and communication 20,265 4.4 20,813 4.4 548 2.7

Financial and insurance service providers

25,330 5.5 24,734 5.3 –596 –2.4

Real estate and property sector 3,868 0.8 3,589 0.8 –279 –7.2

Freelance, scientific and technical service providers

31,009 6.7 32,294 6.9 1,285 4.1

Other economic service providers 39,973 8.7 42,073 8.9 2,100 5.3

Public sector, defence; social insurance

29,943 6.5 31,093 6.6 1,150 3.8

Child care and education 20,976 4.6 22,022 4.7 1,046 5.0

Health and social services 63,655 13.8 65,117 13.8 1,462 2.3

Art, entertainment and recreation 5,098 1.1 5,260 1.1 162 3.2

Other service providers 14,054 3.1 14,284 3.0 230 1.6

Private households 536 0.1 551 0.1 15 2.8

Total 460,332 100.0 470,331 100.0 9,999 2.2


The Hannover Region boasts a balanced economic structure and a varied spectrum of dynamic

business sectors. This is reflected in the distribution of people in jobs paying social insurance

contributions according to economic sectors. The manufacturing industries (68,000), health and

social sector (65,100) and trade (63,800) have the largest number of employees.

EMPLOYMENT

13

The number of employees in jobs paying social insurance contributions has risen in almost all

economic sectors compared to the previous year. The largest increases in the workforce are

reported in the provision of other economic services with (+ 5.3 %), child care and education

(+ 5.0 %), and transport and warehousing (+ 4.6 %).

EMPLOYMENT

14

More than 115,000 people living outside the region commute every day to their jobs in the

Hannover Region. This is 16,000 more than ten years ago. Most of the commuters come from the

adjacent municipalities in Hildesheim, Schaumburg, Celle, Peine, Hameln-Pyrmont, Nienburg/

Weser, Heidekreis and Gifhorn. There are also a large number of commuters within the Hannover

Region. In addition to the state capital Hannover (net +110,000), positive net commuter figures

are also reported by Langenhagen (+12,000), Burgwedel(+1,400), Isernhagen (+1,400), and

Laatzen (+800).

Commuting interrelationships

Inward commuters

Outward commuters Net

in % of EPSI* at the place of residence

State capital Hannover 164,892 54,285 110,607 60.1

Barsinghausen 4,173 8,638 –4,465 –38.4

Burgdorf 3,043 8,175 –5,132 –50.3

Burgwedel 6,393 4,950 1,443 20.6

Garbsen 9,282 17,395 –8,113 –37.1

Gehrden 2,276 4,183 –1,907 –37.7

Hemmingen 2,884 5,638 –2,754 –44.0

Isernhagen 8,102 6,650 1,452 18.5

Laatzen 12,097 11,323 774 5.5

Langenhagen 26,278 14,221 12,057 61.5

Lehrte 8,062 12,441 –4,379 –27.1

Neustadt am Rbge. 4,078 10,592 –6,514 –42.5

Pattensen 2,546 4,334 –1,788 –34.5

Ronnenberg 3,201 7,676 –4,475 –52.1

Seelze 3,656 10,694 –7,038 –58.1

Sehnde 3,878 7,209 –3,331 –38.7

Springe 3,531 6,747 –3,216 –33.5

Uetze 1,536 5,798 –4,262 –58.7

Wedemark 4,250 8,074 –3,824 –37.0

Wennigsen 1,669 4,034 –2,365 –50.9

Wunstorf 6,795 9,925 –3,130 –21.8

Hannover Region 115,162 55,522 59,640 14.9

COMMUTING INTERRELATIONSHIPS


*Employees in jobs paying social insurance contributions

Additional information in the Location information 1/2015 “Commuting interrelationships”

15COMMUTING INTERRELATIONSHIPS

Net numbers of commuters*

■ More than 45 %

■ 0 % to less than 45 %

■ –45 % to less than 0 %

■ Less than –45 %

■ Inward commuters**

■ Outward commuters **

Neustadt am Rbge.

Wunstorf

GarbsenLangenhagen Isernhagen

Lehrte

Sehnde

Hannover

Barsing- hausen

Gehrden

Seelze

Ronnen-berg

Laatzen

Pattensen

Springe

Wennigsen

Wedemark

Burgwedel

Burgdorf

Hemmingen

Uetze

10,5

92

4,07

89,

925

6,79

5

17,3

95

9,28

2

8,63

8

4,17

3

10,6

94

3,65

6

4,18

3

2,27

6

7,67

6

3,20

1

4,0

34

1,669

6,74

7

3,53

1

5,63

8

2,88

4

4,33

4

2,54

6

11,3

23

12,0

97 7,20

9

3,87

8

12,4

41

8,0

62

6,65

0

8,10

2

14,2

21

26,2

78

8,07

4

4,25

0

4,95

0

6,39

3

5,79

8

1,536

54,2

85

164,

892

*Inward commuters - outward commuters in % of EPSI at the place of residence

**Absolute figures

8,17

5

3,0

43

16 JOB MARKET

The number of unemployed and the unemployment ratio in the Hannover Region have declined

significantly compared to the previous year. Around 46,500 (–2,500) people were without em-

ployment in June 2015. This corresponds to an unemployment ratio of 7.6 % (–0.5%) with respect to

the total civil workforce. The registered unemployed include around 20,100 long-term unemployed,

13,200 foreigners, 2,400 severely disabled, and 14,600 older persons. Youth unemployment has also

declined year-on-year and now totals 3,900 people under the age of 25 (–410 or –9.6%).

Unemployment figures in the Hannover Region

June 2014 June 2015 Change

absolute proportion

in % absoluteproportion

in % absolute in %

Total 48,906 100.0 46,483 100.0 –2,423 –5.0

Male 26,750 54.7 25,253 54.3 –1,497 –5.6

Female 22,156 45.3 21,230 45.7 –926 –4.2

15 to less than 25 years of age 4,288 8.8 3,878 8.3 –410 –9.6

Over 50 years of age 14,964 30.6 14,605 31.4 –359 –2.4

Long-term unemployed 20,162 41.2 20,141 43.3 –21 –0.1

Severely disabled 2,429 5.0 2,425 5.2 –4 –0.2

Foreigners 12,708 26.0 13,233 28.5 525 4.1

Unemployment ratio in the Hannover Region

Figures in % Change

With respect to... Juni 2014 Juni 2015 in %

Total civil workforce 8,1 7,6 –0,5

Male 8,5 7,9 –0,6

Female 7,8 7,3 –0,5

15 to less than 25 years of age 7,3 6,5 –0,8




Foreigners 20,3 20,4 0,1Source: Federal Labour Office, calculations by the

Hannover Region

Source: Federal Labour Office, calculations by the Hannover Region

17

Gross domestic product

■ Hannover Region

■ lower saxony

■ Germany

70,000

60,000

50,000

40,000

30,000

20,000

10,000

0 2011

per inhabitant in € per head of the working population in €

37,9

17

28,8

91

31,9

14

2012 2011 2012

38,4

53

68,0

06

68

,59

7

29

,53

4

60

,611

61,

190

32,5

50

63,4

21

64,0

84

ECONOMIC METRICS

Source: National accounts of the states, federal and state

statistics offices, calculations by the Hannover Region

Gross added value

■ Hannover Region

■ lower saxony

■ Germany

70,000

60,000

50,000

40,000

30,000

20,000

10,000

0 2011

per inhabitant in € per head of the working population in €

33,9

22

25,8

47

28,5

51

2012 2011 2012

34,4

21

60,8

40

61,4

03

26,4

37

54,2

25

54,7

74

29,1

37

56,7

38

57,3

64

The gross domestic product (GDP) per head of the working population is a key metric for employment

productivity, whilst the gross domestic product per inhabitant is a key metric for the prosperity of

a region. Both of these parameters in the Hannover Region are well above the federal and state

averages: GDP per head of the working population is € 68,600; GDP per inhabitant is € 38,500.

The gross added value which reflects the total value of all produced goods and services, is also

well above the federal and state averages for both per head of the working population as well as

per inhabitant. This highlights the strong competitiveness of the Hannover Region.

18

The purchasing power

in the Hannover Region

totals € 25.05 billion,

corresponding to an

average purchasing

power of € 22,373 per

inhabitant, or 104.3 % of

the average purchasing

power in Germany.

The retail purchasing

power totalling € 6.73

billion corresponds to an

average retail purchasing

power of € 6,015 per

inhabitant, or 106.1 %

of the average retail

purchasing power in

Germany.

The actual retail sales

amount to € 6.39 billion,

corresponding to retail

sales of € 5,707 per

inhabitant, or 114.1 %

of the average retail

sales in Germany.

PURCHASING POWER & RETAIL TRADE

Glossary:

Purchasing powerThe purchasing power is defined as total net income of the population with respect to their place of residence. This figure includes net income from self-employed or non-self-employed work, as well as investment income and state transfer payments. This available income covers all expenses incurred by a consumer, such as living costs, insurance, rent payments and ancillary costs, clothing, and savings. The purchasing power metric indicates the deviation from the federal average in per cent (index level = 100).

Retail-relevant purchasing powerThe retail-relevant purchasing power is determined by only including those parts available for purchasing from retail-ers, including food and non-essential food items, clothing, shoes, household goods, body and health care, education and entertainment, and personal furnishings. Expenditure associated with vehicles and fuel, as well as services and repairs, are not included. The retail-relevant purchasing power metric shows the deviation in per cent from the federal average (index level = 100).

Retail salesThe retail sales reflect the actual distribution of stationary retail sales. Unlike the retail purchasing power which is reported for the locations where the consumers live, the retail sales metric is reported for the location of the retail out-lets. The sales metric shows the deviation in per cent from the federal average (index level = 100). Positive deviations above the base level indicate a retail sector with strong sales, whilst a negative deviation below the base level indicates relatively low sales.

Retail centralityRetail centrality is calculated from the ratio of the potential retail purchasing power of a location and the actual retail sales at a location. It is therefore a measure of the attractiveness of a city or region as a shopping destination. Figures above 100 indicate a net inflow of purchasing power, i.e. retail sales at the specific location are higher than the amount spent on shopping by the local inhabitants. A figure below 100 means a net outflow of purchasing power, i.e. local retailers report lower sales than actually spent by the local inhabitants.

2015

19PURCHASING POWER & RETAIL TRADE

Purchasing power & retail trade 2015

Purchasing power per

inhabitant in €

Purchasing power

metric per inhabitant

Retail purchasing power per

inhabitant in €

Retail purchasing

power metric

Retail sales per

inhabitant in €

Retail sales

metric per inhabitant

Retail centrality

metric

State capital Hannover 22,071 102.9 5,932 104.2 6.714 134.3 128.8

Barsinghausen 21,601 100.7 5,908 103.8 3.715 74.3 71.6

Burgdorf 23,125 107.8 6,181 108.6 4.806 96.1 88.5

Burgwedel 27,183 126.7 6,802 119.5 7.219 144.4 120.8

Garbsen 21,507 100.3 5,883 103.4 6.160 123.2 119.2

Gehrden 24,905 116.1 6,354 111.6 2.746 54.9 49.2

Hemmingen 25,825 120.4 6,619 116.3 4.394 87.9 75.6

Isernhagen 29,482 137.4 7,207 126.6 11.214 224.3 177.1

Laatzen 21,063 98.2 5,905 103.8 7.226 144.5 139.3

Langenhagen 21,491 100.2 5,990 105.2 3.921 78.4 74.5

Lehrte 21,601 100.7 5,933 104.2 4.307 86.1 82.6

Neustadt am Rbge. 21,974 102.4 6,017 105.7 4.209 84.2 79.6

Pattensen 24,079 112.3 6,297 110.6 4.261 85.2 77.0

Ronnenberg 22,040 102.8 5,957 104.7 3.935 78.7 75.2

Seelze 21,122 98.5 5,772 101.4 3.231 64.6 63.7

Sehnde 21,265 99.1 5,821 102.3 3.255 65.1 63.6

Springe 21,863 101.9 5,980 105.1 3.648 73.0 69.4

Uetze 20,208 94.2 5,534 97.2 4.078 81.5 83.9

Wedemark 25,660 119.6 6,621 116.3 3.751 75.0 64.5

Wennigsen 22,970 107.1 6,036 106.0 3.443 68.8 64.9

Wunstorf 22,450 104.7 6,044 106.2 5.410 108.2 101.9

Hannover Region 22,373 104.3 6,015 105.7 5.707 114.1 108.0

Germany 21,449 100.0 5,692 100.0 5.001 100.0 100.0

Comment: The population figures used in these calculations are those reported for 01.01.2014. Purchasing power is calculated per home location and sales and point of sale.

Source: GfK Geomarketing GmbH 2015

20

Company Registered seat

Sales in € million

Employees Sector Ranking in lower saxony

Continental AG (K)

ContiTech AG (K)

Hannover

Hannover

33,331.0

3,87.3

178,055

29,725

Automotive subcontracting industry

2

TUI AG (K)***

TUI AG***

Hannover

Hannover

18,477.5

582.8

68,580

317Tourism 3

Volkswagen Nutzfahrzeuge Hannover 9,370.0 17,445 Commercial vehicle construction 1

AGRAVIS Raiffeisen AG (K) Hannover 7,504.5 5,640 Agricultural trading 6

Dirk Rossmann GmbH Burgwedel 4,280.0 22,681 Wholesale and retail (drugstore articles)

9

Stadtwerke Hannover AG Hannover 2,450.2 2,296 Energy supplies, energy services

17

Johnson Controls Power Solutions Europe (K)***

VB Autobatterie GmbH & Co. KGaA***

Hannover

Hannover

1,723.3

1,281.8

3,144

1,076

Accumulator and battery production

25

expert AG (K)** Langenhagen 1,68.,6 1,341 Wholesale and retail (electrical and electronic devices)

26

Siemens AG *** Laatzen 1,494.4 3,881 Electrical engineering 27

BUSINESS ENTERPRISES

NORD/LB publishes an annual ranking of Niedersachsen’s businesses with the highest sales and

value added. These companies safeguard the jobs and incomes of the neighbouring commercial,

trade and services enterprises, and are therefore the economic backbone of the location.

30 of the 100 companies in Niedersachsen with the highest sales have their registered head

offices in the Hannover Region. 18 of these companies work in the manufacturing sector. They

are dominated by the automotive industry and its subcontractors, and also include businesses

in the electronic engineering, aircraft construction, chemical and food sectors. Large trading and

service companies are also headquartered in the Hannover Region.

Of the 50 companies in Niedersachsen with the highest value added, 21 are located in the

Hannover Region, including companies working in the health, insurance and financial sectors.

Companies with the highest sales based in the Hannover Region

21BUSINESS ENTERPRISES

Methodology: The companies are considered in their entirety as conglomerates or groups to reflect the particular role played by group HQs in economic terms. However, this also means that not all turnover, added value and

employees reported here apply to the Hannover Region specifically. The NORD/LB analysis only considers companies domiciled in Niedersachsen or who provide data on activities in Niedersachsen. Other companies, for example

units of major companies, who may be of high regional economic importance, but are not separately reported, are not included in the NORD/LB listings.


Sales in €

million

Employees Sector Ranking in lower saxony

WABCO Holding GmbH (K) Hannover 1,126.1 2,701 Automotive subcontracting industry

34

Konica Minolta Business Solutions Europe GmbH**

Langenhagen 1,117.7 371 Production and marketing of printers and photocopiers

35

Solvay Deutschland (Gruppe) Hannover 1,116.8 2,863 Chemical industry 36

TÜV NORD Gruppe (K) Hannover 1,056.4 9,925 Technical services 37

Nexans Deutschland GmbH Gruppe (K)

Hannover 905.6 9,080 Cable manufacturing 39

MTU MAINTENANCE HANNOVER GMBH

Langenhagen 842.0 1,781 Aircraft engine maintenance 45

BauKing AG (K) Hannover 807.3 3,290 Wholesale and retail (construction materials)

46

Toto-Lotto Niedersachsen GmbH Hannover 714.4 166 Lottery company 49

Sonepar Deutschland/Region Nord-Ost GmbH

Hannover 707.0 1,285 Wholesale (electronics) 51

Verlagsgesellschaft Madsack GmbH & Co. KG (K)

Hannover 669.5 5,682 Publishing 55

Sennheiser electronic GmbH & Co. KG (K)

Wedemark 590.5 2,542 Electro-acoustics 59

Klinikum Region Hannover GmbH Hannover 552.7 7,168 Health service 64

GP Günter Papenburg AG (K) Hannover 537.8 3,001 Construction industry 66

Bahlsen Gruppe (K)

Bahlsen GmbH & Co. KG

Hannover

Hannover

526.1

374.2

2,526

1,692Food industry 68

Delticom AG (K) Hannover 505.5 179 Retail 70

Konica Minolta Business Solutions Deutschland GmbH**

Langenhagen 465.8 1,664 Production and marketing of computers and photocopiers

77

Kone GmbH (K) Hannover 353.9 1,628 Production of elevators and escalators

92

esco GmbH & Co. KG Hannover 352.9 915 Production and marketing of salt products

93

Deutsche Messe AG (K) Hannover 312.0 1,170 Trade fair and exhibition organiser

96

Forbo Siegling GmbH Hannover 279.3 1,976 Drives and transport units, chemicals

98

Wienerberger GmbH Hannover 270.6 1,489 Construction materials industry 100

Companies with the highest sales based in the Hannover Region

22 BUSINESS ENTERPRISES

Top companies in the Hannover Region based on generated added value


Turnover in €

million

Employees Sector Ranking Top 50 lower saxony

Talanx AG (K)

Hannover Rückversicherung AG (K)

Hannover

Hannover

2,371.5

1,712.2

20,004

2,419Insurance, re-insurance

4

NORD/LB (K)

NORD/LB

Hannover

Hannover

835.6

536.4

7,058

4,291Financial services 7

Medizinische Hochschule Hannover Hannover 430.3 7,775 Health service 16

VHV Vereinigte Hannoversche Versicherung a.G. (K)

Hannover 267.4 2,714Insurance 28

Versicherungsgruppe Hannover VGH Hannover 188.2 2,027 Insurance 40

Sparkasse Hannover Hannover 183.4 2,199 Financial services 43

Comments: *K = consolidated conglomerate or group, ** Figures for the 2013/2014 financial year *** Figures for the 2012/2013 financial year

Methodology: The companies are considered in their entirety as conglomerates or groups to reflect the particular role played by group HQs in economic terms. However, this also means that not all turnover, added value and

employees reported here apply to the Hannover Region specifically. The NORD/LB analysis only considers companies domiciled in Niedersachsen or who provide data on activities in Niedersachsen. Other companies, for example

units of major companies, who may be of high regional economic importance, but are not separately reported, are not included in the NORD/LB listings.

Source: NORD/LB (November 2014): Niedersachsen monitor - 100 biggest companies in Niedersachsen

23BUSINESS ENTERPRISES

Source: State Office of Statistics Niedersachsen, calculations by the Hannover Region, as at 31.05.2014

Businesses in the Hannover Region according to economic sector

Absolute Proportion in %

Mining and pit and quarry industries 22 0.04

Manufacturing industry 2,273 4.50

Energy supplies 350 0.69

Water supplies; wastewater and waste disposal 109 0.22

Construction industry 4,273 8.46

Trading; servicing and repair of motor vehicles 9,806 19.42

Transport and storage 1,875 3.71

Hospitality sector 3,268 6.47

Information and communications 1,997 3.95

Finance and insurance services 1,138 2.25

Property and housing industry 4,349 8.61

Freelance, scientific and technical services 8,155 16.15

Other business services 3,000 5.94

Child care and education 1,346 2.67

Health and social services 3,724 7.37

Art, entertainment and recreation 1,555 3.08

Other services 3,264 6.46

Total 50,504 100.00

Almost 50,500 businesses in a range of economic sectors are registered in the Hannover Region, in-

cluding around 44,000 mini businesses with less than 9 employees, and over 220 major businesses

with more than 250 employees. Almost one in five of these businesses works in the trading sector.

This is followed by freelance and scientific services businesses (e.g. firms of architects or engineers,

legal and tax consultants, advertising companies and market research companies), the property

and housing sector, building industry, and health and social services.

Businesses in the Hannover Region according to size of workforce

0 to 9 44,488

10 to 49 4,697

50 to 249 1,093

250 and more 226

Total 50,504

24 KEY SECTORS

The economic structure in the Hannover Region is significantly influenced by various key sectors

boasting major innovation and job creation potential. Over 70 % of all employees paying social

insurance contributions work in these key sectors.

Six of these sectors have been singled out as so-called future sectors: automotive, energy

solutions, information and communications technology, health care, creative sector and production

engineering. These sectors receive targeted funding from the hannoverimpuls business promo-

tion agency.

*EPSI: employees paying social insurance contributions

**TW: total workforce

23,600 EPSIs* in the whole automotive value chain

(5.0 % of TW**)

Together with Braunschweig and Wolfsburg, the

Hannover Region is one of the most significant inter-

national automotive centres

Main activities: commercial vehicles, tyres, drive sys-

tems, special components, braking systems,

battery technology

Resident companies: VW Nutzfahrzeuge, Continental AG,

as well as numerous subcontractors such as WABCO,

Johnson Controls

Education and research institutes: Technical University

Niedersachsen, Continental AG International Innovations

Centre, etc.

Metropolitan region subsidised by the federal programme

Schaufenster Elektromobilität

Leading trade fairs: IAA commercial vehicles, and

MobiliTec incorporated within HANNOVER MESSE.

4,400 EPSIs* (0.9 % of TW**)

Resident companies: E.ON and enercity as major energy

utilities, as well as companies involved in the develop-

ment and realisation of new technologies

Education and research institutes: including in the

windpower sector (e.g. Fraunhofer Institute for

Windpower and Energy System Technology IWES,

ForWind, Research Initiative Energy 2050)

The world’s first wind turbine tower using a wood-

en construction, and the first biogas plant in north

Germany which can feed biogas into the natural gas grid

Leading trade fairs: BioEnergy Decentral, and Energy

and Wind incorporated within HANNOVER MESSE

22,500 EPSIs* (4.8 % of TW**)

Resident companies: Finanz Informatik, TUI InfoTEC,

htp, Sennheiser, Madsack, NDR

Highly diversified sector structure specialising in IT

services

Education and research institutes: 25 institutes, e.g.

IT and MultimediaCampus “Expo Park”

Start-up centre: CampMedia

Network: Hannover IT e.V.

Leading trade fairs: CeBIT, and the Digital Factory

incorporated within HANNOVER MESSE

Automotive Energy solutions

Information and communica-tions technology 0

01

25KEY SECTORS

Other important sectors for the job market in the Hannover Region are the logistics industry,

financial services, knowledge-based services, and the trades. The conference and trade fair

sector boosts the national and international awareness of the location, and has a positive

impact on the Hannover Region’s image.

Source: Hannover Region (Business report 2013), Federal Labour Office (Employment statistics 2015)

70,300 EPSIs* (14.9 % of TW**) in around 3,600

enterprises

Major clinic location: Hannover Medical School, Klinikum

Region Hannover, Diakonische Dienste Hannover

Strong research: Hannover Medical School, University of

Veterinary Medicine Hannover, life science at the Leibniz

University Hannover, Hannover Clinical Trial Centre,

Fraunhofer ITEM

Start-up centre: Medical Park Hannover, Life-Science,

sectors mainly involved in biomedical technology,

transplants, implants, regenerative medicine, diagnos-

tics and training

Resident companies: Boehringer Ingelheim,

KIND Hörgeräte, and Solvay Pharmaceuticals

Network: Gesundsheitswirtschaft Hannover e.V.

Leading trade fairs: Altenpflege and Biotechnica

12,900 EPSIs* (2.7 % of TW**) in 490 enterprises

Education and research: Production Engineering Centre

(PZH), mechanical engineering faculty of Leibniz

University Hannover, mechanical engineering, electrical

engineering and information technology departments

of University of Applied Sciences and Arts Hannover

Co-operation with the Laser Centre Hannover (LZH),

the Centre for Biomedical Technology (ZBM), the Insti-

tute for Integrated Production Hannover (IPH),

the Mechatronics Centre Hannover (MZH)

TEWISS - Technik und Wissen GmbH funds technology

transfer between science and industry

Networks: e.g. Optical Technologies Competence

Network

Leading trade fairs: HANNOVER MESSE, EuroBLECH,

Agritechnica, EMO and LIGNA

Health care

20,600 EPSIs* (4.4 % of TW**) in around 1,400 enter-

prises (music, books, art, films, radio, performing arts,

design, architecture, press, advertising and software)

Key segment music industry: University of Music, Drama

and Media Hannover, significant players such as

NDR Radiophilharmonie, Peppermint Park

Start-up centre Halle 96 with offices and workplaces,

shared infrastructure

Network: kre[H]tiv Netzwerke e.V.

Production engineering

Creative sector

26 KEY SECTORS

1,300 EPSIs * (0.3 % of TW**)

World’s largest exhibition grounds, and Deutsche Messe

AG as a strong player

Around 56 shows in 2013 with approximately 2.1 million

visitors

Location of leading international trade fairs such as

CeBIT, HANNOVER MESSE, Agritechnica, IAA Commercial

Vehicles

Congress and conference facilities such as Convention

Centre, Hannover Congress Centre, Herrenhausen Palace

Source: Hannover Region (Business report 2013), Federal Labour Office (Employment statistics 2015)

*EPSI: employees paying social insurance contributions

**TW: total workforce

54,200 EPSIs* (11.5 % of TW**) in around 3,000 enter-

prises

Main focus: contract logistics, automotive, e-commerce

Resident companies: DHL, Kühne+Nagel, DB Schenker,

Dachser, UPS, TNT, Hellmann, Hermes, DPD, etc.

European and national distribution centres for VW Com-

mercial Vehicles, Mercedes-Benz, BSN medical, Lyreco,

Sonepar, Kaufland, Weatherford, arvato, Deltikom, Rewe

Logistics-centric research institutes: Institute for Trans-

port and Automation Technology, Institute for Factory

Systems and Logistics at Leibniz University Hannover,

Institute for Integrated Production

Leading trade fairs: CeMAT as the world’s largest show

for intralogistics

24,700 EPSIs* (5.3 % of TW**) in around 827 enterprises

Head offices of nationally important insurance

companies (e.g. Talanx, Vereinigte Hannoversche

Versicherung, Versicherungsgruppe Hannover, Concordia

Versicherungsgruppe, Mecklenburgische Versicherungs-

gruppe, WERTGARANTIE Technische Versicherung,

Hannover Rück Group)

Head office of NORD/LB, Deutsche Hypothekenbank,

Niedersächsische Börse, as well as one of the largest

savings banks in Germany (Sparkasse)

Key training and education centres: Sparkasse Academy,

Vocational Academy for the Banking Industry, Insurance

Industry Training Centre, Insurance Sciences Interdisci-

plinary Competence Centre

Logistics

Trade fair and congress industry

Financial services

27KEY SECTORS

31,000 EPSIs* (6.6 % of TW**) in legal, tax and

management consulting firms, firms of architects,

engineering service companies, and advertising and

market analysis

Resident companies: branch offices of major service

companies such as Deloitte, Ernst & Young, Pricewater-

houseCoopers

Sector expected to grow further on the back of

increasing specialisation

60,000 EPSIs* (12.8 % of TW**) in 11,400 enterprises,

annual sales approx. € 4.7 billion

Main segments: construction and interior finishing

(3,100 enterprises), health/body-care/cleaning (2,900

enterprises), and metal industry (2,850 enterprises)

Important stimulus for innovations, which also have

applications in other business sectors, e.g. in the energy

sector

One in five trainees in the Hannover Region are in trade

apprenticeships

Training and education: Training and Education Centre

of the Chamber of Trades Hannover

Knowledge-based company-centric services

Trades

7,900 EPSIs* (1.7 % of TW**)

Strongly influenced by the medical sector (Hannover

Medical School, University of Veterinary Medicine

Hannover, Leibniz University Hannover, Medical Park)

Above average number of start-ups

Above average number of third-party funded jobs

Co-operation between science and manufacturing

industry, particularly the automotive sector

Science and research

28 EDUCATION & SCIENCE

The Hannover Region is an education location with supra-regional significance. An above

average number of pupils compared to the rest of Niedersachsen and Germany gain university

entrance qualifications (38.9 %). 11,200 pupils in total gained school leaving certificates in the

Hannover Region in 2013.

* Applied science university entrance qualification at a national level reported as intermediate school leaving certificate

** No distinction is made at a federal level between pupils leaving school with a special needs school leaving certificate or no school leaving certificate

Source: State Office of Statistics lower saxony, calculations by the Hannover Region, School Leaving Qualifications 2013

100 %

90 %

80 %

70 %

60 %

50 %

40 %

30 %

20 %

10 %

0


School leavers

■ University entrance

qualification

■ Applied science university

entrance qualification

■ Secondary school leaving

certificate

■ Lower secondary school

leaving certificate

■ Special needs school

leaving certificate or no

school leaving certificate**

38.9 %

2.6 %

41.2 %

12.5 %4.9 %

29.8 %

2.3 %

48.8 %

14.0 %5.1 %

35.7 %

0.1 %*

42.1 %

16.9 %5.2 %

29EDUCATION & SCIENCE

The Hannover Region is a leading centre in Germany for vocational training. Almost 42,000

vocational students attend the wide range of training establishments. These not only include the

vocational colleges focusing on training in specific sectors – including specialist vocational colleges,

technical secondary schools, vocational grammar schools, and training colleges – but also a wide

range of other school types with a spectrum of training objectives and entrance qualifications.

One third of the students learn business and administration vocations, followed by technical

vocations covering electrical engineering, mechanical engineering, automotive, construction and

printing technology, as well as vocations in the nutrition sector, and social and health services.

Source: State Office of Statistics Niedersachsen, as at November 2013

According to school type

Vocational school (part-time) 27,806

First year vocational

training

485

Vocational preparation year 528

Vocational college 6,701

Technical secondary school 2,587

Upper vocational school 65

Vocational grammar school 1,734

Technical college 2,233

Total 42,139

According to vocation

Agriculture 843

Construction 830

Chemistry, physics, biology 799

Printing technology 782

Electrical engineering 3,417

Paint technology / interior design 728

Health 1,975

Wood technology 345

Gardening and Landscaping 703

Body care 696

Social services 2,046

Mechanical engineering 3,371

Nutrition 2,449

Social services 2,678

Automotive 1,794

Other recognised vocational training 1,256

Technology 536

Various vocations 641

Without training contracts (at a

vocational school)

296

Business and administration 15,064

Textile technology and clothing 267

Domestic science 623

Total 42,139

Vocational training students


English studies 394

Work technology 129

Ergonomics 467

Architecture 591

Construction engineering 1,523

Biology 516

Chemistry/ biochemistry/ food science

1,350

Electrical engineering 1,205

Gardening and landscaping 556

Geodesics 177

Geography 371

Geosciences 364

German studies 728

History 506

Practical design 16

Informatics 840

Landscape architecture 425

Course/Students in the winter semester 2013/2014

With the Leibniz University Hannover, Hannover Medical School, and the University of Veterinary

Medicine Hannover, Hannover is a prestigious science and research location. Award-winning and

acclaimed teaching and training is also provided by the University of Applied Sciences and Arts

Hannover and the University of Music, Drama and Media Hannover. Almost 44,000 students

attend the universities in Hannover – a record level.

Students at Leibniz University Hannover

*inkl. Beurlaubung

Quelle: Leibniz Universität Hannover, Zahlenspiegel 2014

Mechanical engineering 3,329

Mathematics 722

Media science 60

Meteorology 109

Pedagogics 193

Philosophy 132

Physics 893

Politics 761

Law 1,990

Religious science/Theology 305

Romance languages 72

Special pedagogics/ Science teaching

766

Sociology 595

Sport 244

Economics 2,798

Total* 23,876


Quelle: Angaben der Hochschulen

Institute Students in the winter semester 2014/2015

University of Applied Sciences and Arts Hannover 9,630

Hannover Medical School 3,358

University of Veterinary Medicine Hannover 2,453

University of Music, Drama and Media Hannover 1,475

Municipalities University of Administration in Niedersachsen 818

FOM University for Economics and Management 550

Leibniz Applied Science University 548

Applied Sciences University for Business 493

b.i.b International College 270

Applied Science University of MSE 208

GISMA Business School 30

Vocational Academy of the Banking Sector 28

Total 19,861

Other universities and applied science universities

Science, research, technology transfer, start-up centres

Science and research have a supradisciplinary function with other business sectors, and are

becoming increasingly important in today’s globalised knowledge economy. The Hannover

Region boasts a very diverse research and science sector with internationally acclaimed

institutes and faculties. Major players in addition to universities and university research

institutes, are 30 non-university and private research institutes, as well as the research depart-

ments of various companies. Major strengths are in the medical sector, and the engineering

disciplines – primarily technology, research and knowledge-based segments of manufacturing

industry, particularly in the automotive and production engineering sectors.

In addition, the research institutes in Hannover participate in a range of supra-regional research

networks, e.g. For Wind – Centre for Windpower Research, as well as Auditory Valley on the

subject of hearing. Thanks to the diversity of the science and research structure, local companies

benefit from numerous opportunities for co-operating at a regional level in both research and

development, as well as the training and further training of qualified experts. The transfer of

knowledge and technology between the research institutes and companies in the Hannover

Region is co-ordinated and supported by numerous interfaces. Several start-up centres assist

innovative start-ups and young entrepreneurs in the realisation of their ideas. The Open

University Niedersachsen co-ordinates the opening of universities for new target groups.

Source: data provided by universities


Source: Ministry for Science and Education Niedersachsen, CIMA Institute for Regional Economics, state capital Hannover, as at beginning of 2014

13

12

32

14

1

2

3

4

5

6

7

8

9

10

18

21

16

17

35

37

36

4015

19

20

22

23

24

2541

26

42

47

27

2830

3129

34

33

38

3946

44

43

45


Universities1 Leibniz University Hannover (main campus)

2 University of Applied Sciences and Arts Hannover

(main campus)

3 Hannover Medical School

4 University of Veterinary Medicine Hannover

(main campus)

5 University of Music, Drama and Media Hannover

6 Applied Sciences University for Business

7 Leibniz Applied Science University

8 GISMA Business School

9 Municipalities University in Niedersachsen

10 Applied Science University of Medium-sized Enterprises

11 b.i.b International College

12 FOM University for Economics and Management

13 Service office Open University

Natural sciences

14 Limnology and Water Protection

15 Federal Institute for Geosciences and Natural

Resources (BGR)

16 German Institute for Rubber Technology (DIK)

17 Limestone-Sand Research Association

18 Institute for Joint Geoscientific Activities

19 Nano and Quantum Engineering Laboratory

20 Leibniz University for Applied Geophysics (LIAG)

21 Max Planck Institute for Gravitational Physics

(Albert Einstein Institute)

Construction engineering

22 District Heating Research Institute in Hannover

23 Institute for Engineering Hydrology

24 Institute for Construction Research

Social sciences and philosophy

25 Research Institute for Philosophy Hannover

26 ISP Eduard Pestel Institute for Systems Research

27 Social Sciences Institute of the Protestant Church

in Germany

Selected research and science institutes

Medicine

28 Hannover Clinical Trial Center GmbH

29 Fraunhofer Institute for Toxicology and

Experimental Medicine (ITEM)

30 International Neuroscience Institute Hannover

GmbH (INI)

31 IPF PharmaCeuticals GmbH

32 lower saxony Centre for Biomedical Technology,

Implant Research and Development (MFE)

33 Twincore

Production engineering

34 European Research Corporation for Metal (EFB)

35 IPH Institute for Integrated Production

Hannover GmbH

36 Laser Centre Hannover

37 Production Engineering Centre Hannover (PZH)

38 Test Centre for Load-bearing Structures

Economics

39 Hannover Center of Finance

40 Medium-sized Enterprise Institute Niedersachsen

41 Niedersachsen Institute for Economics Research

Architecture, spatial sciences,

landscape planning

42 AAcademy for Spatial Research and Regional

Planning (ARL)

43 ECOLOG Institute for Socio-ecological Research

and Education GmbH

44 Niedersachsen Institute for Historical

Regional Research

Other

45 Heinz Piest Institute for the Trades (HPI)

46 HIS University Information System GmbH

47 Criminological Research Institute

lower saxony (KFN)

34 COMMERCIAL PROPERTIES

Logistics space turnover 2014 in m2 140,000

Peak rent (new buildings with excellent building services and optimum location connections) 2015 in €/ m2

4.50

Average rent 2015 in €/ m2 3.50

Net initial return prime buildings in prime locations 2015 6.6 %

* Values valid for the Hannover Region

Logistics property market*

Letting space office portfolio 2015 in m2 MF-G 4,92 Mio. qm

Office space turnover 2014 in m2 MF-G 117,000

of which lettings 2014 in m2 MF-G 88,000

Vacant space 2014 in m2 MF-G 279,000

Vacant space ratio 2014 5.7 %

Peak office rent city-centre 2015 in €/ m2 MF-G 14.30

Peak office rent city-centre periphery and office centres 2015 in €/ m2 MF-G 10.40

Net initial return in prime locations 2015 5.7 %

* Value for state capital Hannover plus Garbsen, Laatzen and Langenhagen pursuant to MF-G (let space definition pursuant to the Gesellschaft für immobilien-

wirtschaftliche Forschung gif e.V. (Property Industry Research Corporation))

Office property market*

Retail space Hannover Region in m2 1.91 Mio.

of which city of Hannover in m2 877,000

of which Hannover city centre in m2 290,000

Peak rent city-centre A1 location 2015 in €/ m2* 200

Average rent city-centre A1 location 2015 in €/ m2* 145

Net initial return in A1 locations 2014* 4.75 %

* Bahnhofstraße, Große Packhofstraße, Georgstraße

Sources: bulwiengesa AG; Hannover Region calculations; cross-checked details from market players; Hannover Region Property Reports 2014 and 2015

Retail property market

Additional information in the updated Property Report

The Hannover Region has been one of the most important locations for the German real estate

market for many years. The office property market in Hannover enjoyed a major upswing again

in 2014 in terms of turnover compared to the weak period during the previous year. The market

players are forecasting a growth in rents in the city centre in 2015, and a stable to slightly

expanded overall turnover.

The Hannover Georgstraße and Bahnhofstraße belonged to the ten most attractive retail streets

in Germany in 2015, while the city centre overall is one of the prime locations for retail

nation-wide. There are also other retail locations with strong turnover in the surrounding area.

After Hamburg, the Hannover Region is the most important logistics location in North Germany.

The sector in the Hannover Region is mainly involved in the bundling and distribution of hinter-

land transport activities from the German, Belgian and Dutch seaports.

35COMMERCIAL PLOTS 35

Shop rents in selected major cities*

Core shopping area, average in € per m2

1A site 1B site

small (approx.

60 m2)

large (approx.

150 m2)

small (approx.

60 m2)

large (approx.

150 m2)

Berlin 180.00 125.00 30.00 20.00

Bremen 130.00 85.00 35.00 18.00

Dortmund 220.00 120.00 20.00 15.00

Dresden 75.00 50.00 35.00 25.00

Essen 130.00 90.00 30.00 18.00

Frankfurt am Main 230.00 190.00 70.00 30.00

Hamburg 120.00 85.00 35.00 20.00

Hannover 150.00 80.00 25.00 14.00

Cologne 250.00 130.00 45.00 24.00

Leipzig 140.00 110.00 60.00 40.00

Munich 410.00 320.00 160.00 100.00

Nuremberg 106.00 76.00 15.67 12.00

Stuttgart n. a. n. a. n. a. n. a.

*Net basic rent, ground floor Source: IVD Commercial Property Price Comparison 2014/2015

* Net basic rent

Source: IVD Commercial Property

Price Comparison 2014/2015

Office rents in selected major cities*

Utility value, average in € per m2

basic moderate good

Berlin 5.35 8.00 13.75

Bremen 4.00 6.50 9.00

Dortmund 5.50 7.50 9.50

Dresden 5.75 6.50 8.75

Essen 4.00 5.60 11.00

Frankfurt am Main 10.00 14.40 18.50

Hamburg 6.00 9.00 14.00

Hannover 5.20 6.75 11.00

Cologne 6.50 11.00 15.50

Leipzig 4.90 6.70 9.50

Munich 16.00 21.50 30.50

Nuremberg 5.86 7.34 9.09

Stuttgart 6.00 9.50 14.50

The price level of office rents and shop rents is an-

other important relocation criterion for businesses.

It is primarily determined by the location factors,

such as, the vicinity to Hannover’s city centre,

transport connections, and the nearby surrounding

areas. The costs per square metre of office space

in the state capital Hannover range from € 5.20 for

basic utility value, all the way up to € 11.00 for good

utility value.

Shop rents in the main shopping centre range from

€ 14.00 up to € 150.00, but are in the range of € 5.00

to € 15.00 in the adjacent core areas. The rent costs

are moderate in comparison to other major cities in

Germany.

36 COMMERCIAL PLOTS

Commercial plot availability in the Hannover Region 2015

in ha

Total commercial plot availability 858.9

Of which immediately marketable (officially authorised B-plan, developed, public property)

122.4

Of which motorway-near (max 2 km to German motorways) 40.5

Of which marketable at a later date (officially authorised B-plan, not developed and/or private property)

294.9

Of which land utilisation plan (still without a B-plan) 441.6

Potentially reusable brownfield sites 172.3

Shortlisted business park/industrial estate (areas scheduled for planning by municipalities, still without F/B plans, possibly marketable in the medium to long term).

775.1

Source: Hannover Region Commercial Plot Monitoring Report 2015

More information in the latest Commercial Plot Monitoring Report

One of the most important location factors for companies is a quantitatively and qualitatively

adequate supply of commercial plots. The portfolio of immediately marketable plots in the

Hannover Region totals 122.4 ha, of which 40.5 ha is classified as motorway-near. An officially

approved B-plan exists for another 495 ha, although these commercial plots have either not yet

been developed and/or are in private ownership. Another 442 ha have been incorporated in the

land development plan. Because of land use competition and the demand for protected open

spaces, the opportunities for developing new commercial plots are increasingly approaching

their limits. This is why 172 ha of potentially reusable brown field sites are particularly important

for the development of usable land.

37TAX ASSESSMENT RATES

Source: Hannover Region

Property tax and trade tax assessment rates 2015

Trade tax Property tax A Property tax B

State capital Hannover 460 530 600

Barsinghausen 460 560 560

Burgdorf 450 465 465

Burgwedel 400 430 430

Garbsen 430 430 430

Gehrden 390 460 460

Hemmingen 400 440 440

Isernhagen 400 450 450

Laatzen 460 600 600

Langenhagen 440 430 430

Lehrte 440 440 440

Neustadt am Rbge. 430 440 440

Pattensen 430 430 430

Ronnenberg 450 480 480

Seelze 430 490 490

Sehnde 440 460 460

Springe 395 450 450

Uetze 430 490 490

Wedemark 440 440 440

Wennigsen 440 440 440

Wunstorf 460 490 490

The trade tax and the property tax are municipal taxes whose assessment rates are revised

annually as part of municipal budget discussions. This empowers the municipalities to influence

the size of the taxes paid by enterprises, and to actively manage the location policy. The tax

assessment rates in large cities are usually higher than in the surrounding area

38 RESIDENTIAL

The residential property market is currently enjoying a significant upswing in Hannover.

Proximity to the city centre, local services, and very good transport connections are important

quality criteria when selecting sites. These specifications are satisfied by the new housing areas

in the state capital, as well as in the cities and municipalities in the surrounding area.

Demand and supply on the residential property market are primarily influenced by regional

providers and private households. The demand for housing will also continue to be driven by the

further increase in the population in the state capital, and some of the surrounding municipalities.

The amount of empty residential property has, however, been at a very low level for many years

(below 2 %), and remains well below the so-called fluctuation reserve level.

However, despite the dynamic development in the residential property market, residential rents

and purchase prices for building land and owner-occupied apartments in Hannover are still

moderate compared to other German cities

* Completion up to 1948, based on 3 rooms, approx. 70 m2 living space, excluding publically funded residential

construction projects, no data for completion after 1949 and brand new properties

Source: IVD residential comparison 2014/2015

Residential rents in selected big cities*

Living quality, average in € per m2

basic medium good

Berlin 5.35 7.40 8.90

Bremen 5.50 7.50 9.00

Dortmund 4.80 5.20 6.80

Dresden 5.50 6.50 7.25

Essen 4.50 5.50 8.00

Frankfurt am Main 7.70 9.30 12.00

Hamburg 7.40 9.20 12.00

Hannover 5.50 7.50 9.50

Cologne 6.30 7.80 10.00

Leipzig 4.50 5.40 6.80

Munich 10.40 13.00 15.10

Nuremberg 6.09 7.36 8.70

Stuttgart 8.90 10.50 11.70

39RESIDENTIAL

* Existing portfolio


Purchase prices for owner-occupied apartments in selected big cities*

Living quality, average in € per m2

medium good very good

Berlin 1,750 2,400 3,350

Bremen 1,050 1,750 2,400

Dortmund 1,300 1,750 2,200

Dresden 1,200 1,450 2,200

Essen 1,000 1,875 2,500

Frankfurt am Main 1,600 2,550 3,700

Hamburg 2,100 2,900 4,300

Hannover 1,250 2,100 3,000

Cologne 1,800 2,600 3,800

Leipzig 1,000 1,490 1,950

Munich 3,600 4,600 6,400

Nuremberg 1,378 1,882 2,364

Stuttgart 2,450 3,000 4,100

* Detached and semi-detached houses, approx. 600 - 800 m2 plots


Purchase prices for building land in selected big cities*

Residential location, average in € per m2

medium good very good

Berlin 180 290 480

Bremen 130 220 380

Dortmund 240 295 450

Dresden 135 190 310

Essen 300 400 550

Frankfurt am Main 420 540 710

Hamburg 300 420 650

Hannover 260 380 500

Cologne 390 650 1.050

Leipzig 105 175 340

Munich 1.060 1.470 2.300

Nuremberg 290 428 653

Stuttgart 600 750 900

More information available in the latest Hannover Region Property Report

40 RESIDENTIAL

Detached privately-owned houses (including garage and usual size of plot in the locality)


Purchase price for detached houses (ready for immediate occupation) in selected big cities*

Living quality, average in €

Basic, approx. 100 m2

Medium, approx. 125 m2

Good, approx. 150 m2

Very good, approx. 200 m2

Berlin n. a. 250,000 345,000 570,000

Bremen 90,000 180,000 n. a. n. a.

Dortmund 205,000 310,000 420,000 680,000

Dresden 150,000 250,000 350,000 600,000

Essen 235,000 350,000 510,000 815,000

Frankfurt am Main 325,000 430,000 630,000 960,000

Hamburg 230,000 340,000 510,000 950,000

Hannover 190,000 250,000 300,000 380,000

Köln 250,000 370,000 540,000 1,200,000

Leipzig 145,000 210,000 290,000 545,000

München 550,000 740,000 1,140,000 1,900,000

Nürnberg 258,500 340,833 435,500 631,000

Stuttgart 350,000 540,000 810,000 1,370,000

41

* Building plots requiring no development costs. The aver-

age values only provide an overview of the actual market.

They do not reflect the fact that the prices are dependent

on value-relevant features of each individual plot.

Source: Expert panel for real estate values,

Real Estate Market Report 2015, as at 31.12.2014

RESIDENTIAL

Building plots for

detached and

semi-detached houses*

Average purchase

price in € per m2

Average Hannover

Region 168 €/m2

State capital Hannover

Wennigsen

Barsinghausen

Wunstorf

Springe

Sehnde

Hemmingen

Isernhagen

Ronnenberg

Pattensen

Gehrden

Burgwedel

Uetze

Lehrte

Langenhagen

Seelze

Laatzen

Garbsen

Neustadt am Rbge.

0 25020015010050

Burgdorf

Wedemark

120 ¤/m2

239 ¤/m2

119 ¤/m2

115 ¤/m2

164 ¤/m2

96 ¤/m2

110 ¤/m2

219 ¤/m2

231 ¤/m2

160 ¤/m2

149 ¤/m2

144 ¤/m2

170 ¤/m2

83 ¤/m2

180 ¤/m2

184 ¤/m2

161 ¤/m2

174 ¤/m2

114 ¤/m2

138 ¤/m2

142 ¤/m2

42 TOURISM

With around 2.1 million overnight stays, the state capital Hannover has consolidated its position

as the city with the most overnight guests in Niedersachsen. It occupies position 11 in the German

city ranking. The surrounding area had over 1.6 million overnight stays, and therefore more than

major cities such as Bremen, Essen or Dortmund. The Hannover Region overall counted almost

3.7 million overnight stays in 2014.

*These figures include overnight

stays in accommodation establish-

ments open for business with at least

10 beds, and camping sites open for

business with at least 10 pitches.

Source: State Office of Statistics

Niedersachsen, Hannover Region

calculations

Overnight stays in the Hannover Region*

■ Hannover Region

■ State capital Hannover

■ Surrounding area

20052006

20072008

20092010

20112012

20132014

4,000,000

3,500,000

3,000,000

2,500,000

2,000,000

1,500,000

1,000,000

500,000

0

43

The Hannover Region boasts a wide range of cultural, sporting, music, entertainment and

recreation attractions. The top events include the Maschseefest, the Hannover Schützenfest

(Marksmen’s Fair), the Lister Meile Fest, Entdeckertag (Discovery Day), the Hannover Marathon,

the Fête de la Musique, the International Fireworks Competition, and the Kleines Fest im Großen

Garten (outdoor variety festival in the Great Garden). The Royal Gardens of Herrenhausen,

Hannover Adventure Zoo, the home matches of the Hannover 96 football team, the productions

in the Opera House, State Theatre and Ballhof theatre, the GOP variety theatre, and the numer-

ous museums, also attract large numbers of visitors. In the surrounding area, the main tourist

attractions are the Steinhuder Meer, the Deister hills and Marienburg Castle.

Events Visitor numbers 2014

Maschseefest 2,000,000

Schützenfest (Marksmen‘s Fair)

1,200,000

Lister Meile Fest 250,000

Entdeckertag (Discovery Day) 200,000

Hannover Marathon 150,000

Car-free Sunday – Hannover Climate Fest

130,000

Fête de la Musique 100,000

International Fireworks Competition

50,000

Beer Fest 50,000

Kleines Fest im Großen Garten

47,000

Festival of Cultures 40,000

Steintorfest 30,000

Kunstfestspiele Herrenhausen 27,000

N-Joy Starshow 25,000

NDR 2 Plaza Festival 25,000

Fährmannsfest 17,000

Holi Farbrausch Festival 10,000

Maker Faire Hannover 10,000

Classic in the Old Town 10,000

Tourist attraction/Visitor numbers 2014

Hannover Zoo 1,300,000

Hannover 96, 2014/2015 season 739,000

Royal Gardens of Herrenhausen 510,000

State Theatre Hannover (opera, theatre)

400,000

Marienburg Castle 220,000

GOP variety theatre 183,000

State Museum Niedersachsen 165,000

Theater am Aegi 162,000

Sprengel Museum 108,100

Herrenhausen Palace Museum 96,600

Parkbühne open air season 85,000

Hannover Museum of History 79,000

Wilhelm-Busch-Museum 65,000

August Kestner Museum 33,900

Kestnergesellschaft 28,000

Selected events and tourist attractions in the Hannover Region

Source: Figures provided by event organisers and institutions

TOURISM

44

Source: Trade fair company figures 2014

Comparison between the top trade fair locations in Germany

Hall space in m2 Outdoor space in m2

Visitors to domestic trade

fairs 2014

Deutsche Messe AG Hannover 463,000 58,000 1,600,000

Messe Frankfurt GmbH 356,000 96,000 1,500,000

Koelnmesse GmbH 284,000 100,000 1,100,000

Messe Düsseldorf GmbH 262,000 43,000 1,400,000

Neue Messe München GmbH 180,000 425,000 1,800,000

TRADE FAIRS

The Hannover exhibition grounds are an important factor in raising awareness of Hannover as

a business location, and have a positive effect on the image of the whole region. The Hannover

exhibition grounds boast an important gateway function for the surrounding area, especially the

mobility of sector-related know-how. Hannover boasts the world‘s largest exhibition grounds

with around 463,000 m2 of covered exposition space, which also includes especially high quality

exhibition areas and halls. Hannover is home to major leading trade fairs: exceptional shows

include CeBIT as the leading international trade fair for information and communications tech-

nology; the HANNOVER MESSE as a very broad forum for industry as a whole; Agritechnica as the

world‘s largest agricultural machinery show; and IAA Commercial Vehicles as the world‘s leading

show for mobility and transport. 68 shows took place in 2014 which attracted approx. 1.6 million

visitors in total.

Trade fair figures of Deutsche Messe AG Hannover

Exhibitors Visitors Net letting space in m2

ABF Freizeit- und Einkaufsmesse (2014) 812 114,867 54,115

Agritechnica (2013) 2,897 448,912 246,815

Altenpflege (2014) 582 28,094 20,750

Energy Decentral (2014) 365 38,062 14,568

BioTechnica (2013) 553 11,292 10,057

CeBIT (2014) 3,244 187,759 134,743

CeMAT (2014) 1,022 48,267 71,883

didacta (2012) 774 81,369 34,622

Domotex (2015) 1,316 37,929 87,014

EMO (2013) 2,131 142,797 180,582

EuroBLECH (2014) 1,573 59,252 86,506

EuroTier (2014) 2,368 156,566 119,522

HANNOVER MESSE (2014) 4,790 174,139 178,129

IAA Nutzfahrzeuge (2014) 2,066 265,000 250,000

infa (2014) 1,350 191,803 38,577

LIGNA Hannover (2013) 1,548 89,857 123,197

Pferd & Jagd (2014) 825 84,270 34,527

Source: AUMA Exhibition and Trade Fair Committee of German Industry

MESSENTRADE FAIRS 45

46

47

Region President

Business and Employment Promotion Department

Text and editorial Hannover Region Business and Employment Promotion Department

Photo credits Continental Aktiengesellschaft: S. 20 (links)

DELTA BAU AG: S. 38, 39

DELTA BAU AG/Birgit Streicher: S. 40

Deutsche Messe AG: S. 26, 44, 45

Heinz von Heiden GmbH Massivhäuser: S. 41

HMTG: S. 30 unten, S. 42, 43

Region Hannover: S. 3, 5, 9, 14, 15, 17, 23, 25, 27, 29, 36, 37

Region Hannover/Olaf Mahlstedt: S. 1 (Titel), 18, 19, 35, 39

Shutterstock: S. 6, 7, 14, 16, 26, 28, 30 (oben)

Talanx AG: S. 22

TUI AG: S. 20 (rechts)

Volkswagen AG Nutzfahrzeuge: S. 24

Maps Team Medienservice und Post Region Hannover, B&B. Markenagentur GmbH

Design B&B. Markenagentur GmbH

Issue 7.15./1

Status

Printing

7/2015

Team Medienservice und Post Region Hannover

IMPRINT

www.wirtschaftsfoerderung-hannover.de

Hannover Region

Business and Employment Promotion

Your contact: Lennart Heise

Haus der Wirtschaftsförderung

Vahrenwalder Straße 7

30165 Hannover

Germany

Telephone: +49 (0)511 616-23238

Fax: +49 (0)511 616-23453

[email protected]

[email protected]

The location information contained in the Trends & Facts 2015 report is also available as an iPhone/iPad app. Download from www.wirtschaftsfoerderung-hannover.de/apps

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