Since 1968, Hamburg Observatory is part of the Department of Physics of Universität Hamburg. With its double role as a museum and a university location (Campus Bergedorf), Hamburg Observatory is a special facility. Recently, the historical buildings house the Astronomy and Astrophysics research groups. Most important research areas are Exoplanets, Stellar Physics, Interstellar Medium and Star Formation, Extragalactic Astrophysics, Cosmology, Radio Astronomy, Magneto-Hydrodynamics, Radiative Transfer as well as High Performance Computing. Further research, including participating activities in the Cluster of Excellence Quantum Universe, is done on the Campus Bahrenfeld.