Hamburg's values. For a good future.

75+

investments in public and private companies in the consolidated financial statements.

51
years

of experience and expertise in asset and investment management since its foundation in 1974.

26
k

people work in our subsidiaries every day – active in sectors ranging from mobility to urban development.

25
bn €

we hold in total assets in our investments for the Free and Hanseatic City of Hamburg.

We are HGV

HGV Hamburger Gesellschaft für Vermögens- und Beteiligungsmanagement mbH is the group holding company of the Free and Hanseatic City of Hamburg. We consolidate a large portion of Hamburg's public companies and other investments. Our portfolio includes various cultural and administrative buildings, as well as most of the properties used by the Hamburg police and fire departments.

Our values
Responsibility

As an investment holding company of the Free and Hanseatic City of Hamburg, HGV is responsible for key areas of public life. Our mission: to safeguard values and help shape the future.

Transparency

Reliability through openness: As HGV, we make investments, decisions, and developments comprehensible for stakeholders—and transparent for the public, politicians, and partners.

Public services

Much more than an investment portfolio: HGV secures key public services – strategically, with a focus on the common good, and on behalf of the city's residents.

Sustainability

Climate-friendly mobility, a secure energy supply, and socially equitable housing: through our investments, we actively shape economic, ecological, and social sustainability.

Our holdings

HGV focuses on public transport, real estate, transportation, and logistics. We bring together more than 150 companies under one roof—from mobility to urban development.

Public transport

For millions of people, public transport ensures their daily participation in social life in Hamburg – whether it's on their way to work, school, or leisure activities. With our investments in Hamburger Hochbahn AG, Verkehrsbetriebe Hamburg-Holstein GmbH, and P+R Betriebsgesellschaft, we are driving public transport forward.

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Transportation & Logistics

From the container terminals at the Port of Hamburg to the ships of Hapag-Lloyd. Or from Hamburg Airport high up in the skies – we bring people and goods safely to their destinations. With our investments, we are strengthening Hamburg's position as a leading trade and logistics hub in Northern Europe.

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Supply & disposal

Supply and disposal services are the invisible but vital foundation for the health and quality of life in our city. Through our investments, we reliably supply Hamburg households with water, electricity, district heating, and gas, as well as high-speed fiber-optic internet. We also ensure that traffic systems such as traffic lights and street lighting function properly.

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Real estate & urban development

Real estate is the building block for social and future-oriented urban development. With our investments in social housing and neighborhood development, we create livable space for Hamburg's citizens, modern educational facilities for all generations, and attractive office space for businesses. In addition to various cultural and administrative buildings, we also manage the police and fire department properties in Hamburg.

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We are shaping Hamburg's future

As a municipal holding company, we bundle and manage Hamburg's key investments in key areas of public services – from mobility and energy to real estate and logistics. Our mission is to secure the basic infrastructure and to strengthen and expand the high quality of life and economic power of our metropolis for all generations.

Within the group, we see change as an opportunity and actively shape the transformation to a more sustainable and digital metropolis. With targeted investments in innovative technologies, renewable energies, and smart infrastructure, we are driving modernization in all our sectors. In this way, we are ensuring that Hamburg will remain a resilient, internationally competitive, and, above all, livable home for its citizens in the future.

The people behind HGV
Faces of HGV
HGV annual report 2024

Transparent insight into the economic development of HGV and its strategic milestones over the past year.

See annual report