Beiersdorf to create new headquarters in Hamburg-Eimsbuttel

Beiersdorf has given the green light to plans to build a new headquarters and research center in its established home of Hamburg-Eimsbuttel.

Construction on the new buildings will begin this year, with a budget of 230 million euros (202.3 million pounds) earmarked for the project. To be located at Troplowitzstrasse, the site will span 100,000 sq m and employ nearly 3,000 people.

For the last few decades, Beiersdorf has been based out of three neighbouring sites in Hamburg, but the new purpose-built site will expand on this with an additional office building, research facility and a two-level underground parking garage set to be built.

This will expand the company's research and development capacities in Hamburg by 11,000 sq m to reach a total size of 45,000 sq m. Work is scheduled to be completed in 2021.

Stefan Heidenreich, chief executive officer of Beiersdorf, said: "With the construction of our new headquarters in Hamburg, Beiersdorf is sending a clear signal about its future growth."

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