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Um zwei Rechenzentren zu entwickeln, haben Bauwens Development und Serban DC ein gut 2,6 ha großes Grundstück in Köln gekauft.
Dana Invest plant auf dem Gelände eines Gartencenters rund 450 Wohnungen in Köln-Weiden. Dies stößt bei Bürgerinnen und Bürgern auf Kritik. Das berichtet der Kölner Stadt-Anzeiger.
Statt wie bisher geplant, auf einem Baufeld im Kölner Industriequartier Fusion Cologne Multi-Level-Logistikimmobilien zu errichten, baut die Thielemann Group nun auf zwei Flächen ebenerdig. Das wurde möglich, weil sich angrenzend zwei Partner überworfen hatten.
Saller hat ein Fachmarktzentrum mit 18.000 qm Fläche in Kerpen bei Köln von einem institutionellen Investor erworben.
Höhere Kaufpreise für Einfamilienhäuser und gestiegene Bauzinsen sind zuletzt im Bundesdurchschnitt durch gestiegene Löhne ausgeglichen worden, wie eine Studie von Interhyp und IW Köln ermittelt hat.
Das E-Commerce-Unternehmen Goodcang übernimmt die gesamte Fläche eines Logistikprojekts von rund 28.000 qm in Kerpen bei Köln von TCC und Cain direkt nach der Fertigstellung.
Die Investoren Bowery und Grosvenor haben mit dem Log Plaza Frechen bei Köln ihre erste Logistikfläche auf dem deutschen Markt erworben.
Cushman & Wakefield reports on leasing activity and market dynamics in Cologne's office sector during the second quarter of 2026.
Cologne's warehouse and logistics market recorded take-up of 82,000 sqm in Q1 2026, representing a 156% increase year-over-year and 30% above the ten-year average, driven largely by major contracts including a 35,000 sqm lease by logistics provider Goodcang in Bergheim. Prime rent for modern logistics properties stood at €8.20/sqm with a year-on-year increase of 6.5%, while average rent reached €6.70/sqm (+6.3%), with both rental levels expected to remain stable through the year despite underlying economic and geopolitical headwinds.
Cologne's office market recorded 45,000 sqm of take-up in Q1 2026, representing a 33% year-on-year decline and 24% below the long-term average, amid a challenging macroeconomic environment characterized by subdued activity and fragmented contract structure. Prime rent remained stable at €33.50 per sqm while average rent increased 3.9% year-on-year to €21.40 per sqm, with total vacant space rising to 515,000 sqm at a 6.5% vacancy rate, though modern vacancy declined to 115,000 sqm with a high pre-letting rate of 73% on 190,000 sqm of space under construction.
The Cologne commercial real estate investment market recorded €256 million in transaction volume during Q1 2026, representing a 194.9% increase year-over-year, with office properties dominating at 79.3% of total investment and the City Centre accounting for 52.4% of activity. Net prime yields remained stable for office assets at 4.40%, while retail high-street properties increased to 4.00% (+10 basis points) and logistics rose to 4.50% (+25 basis points) compared to Q1 2025.
The Cologne office leasing market achieved 230,100 square meters of annual turnover in 2025, approximately 5 percent above the previous year's 218,200 square meters, driven by a strong fourth quarter that recorded 65,300 square meters. The top rent remained stable at 33.00 euros per square meter while average rents rose to 20.60 euros per square meter (an 8 percent increase from Q4 2024), and the vacancy rate increased to 5.5 percent by December 2025 from 4.8 percent in Q4 2024, though this remained below the level of top-5 markets.
Cologne's office leasing market achieved 206,000 m² in space volume during 2024, remaining near prior-year levels, with the vacancy rate rising 90 basis points to 3.8% and top rents declining 7% to €31.50/m² due to shortage of premium stock. The commercial investment market recorded €1.01 billion in transaction volume, up 62% year-over-year, driven primarily by two major acquisitions by the City of Cologne including the Rossio office building, with mixed-use properties representing the largest asset class at €385 million and public entities accounting for 65% of buyer volume.
BNP Paribas Real Estate's Q1 2026 review of Cologne's office market reports floor turnover of 45,000 square meters, down 33 percent year-over-year and 24 percent below the long-term average, attributed to challenging macroeconomic conditions and prolonged leasing processes. Prime rents remained stable at 33.50 euros per square meter while average rents rose 3.9 percent year-over-year to 21.40 euros per square meter, with vacancy increasing to 515,000 square meters (6.5 percent of total stock) and pre-leasing of new construction at a high 73 percent, though market activity is expected to recover through the remainder of 2026 given numerous large tenant inquiries in process.
Cologne's logistics real estate market achieved 82,000 m² in transaction volume during Q1 2026, representing a 156.3% increase year-over-year and exceeding the ten-year average by 30%, driven largely by a single major logistics service provider contract of 35,000 m² in Bergheim. Prime rental rates for modern logistics properties reached €8.20/m² (up 6.5% year-over-year) while average rents stood at €6.70/m² (up 6.3%), with logistics service providers accounting for 79.3% of market activity, substantially above their long-term average of 32%.
JLL's Q1 2026 research report on Cologne's office market documents a subdued start to the year with take-up of 40,400 sq.m., down 43% year-on-year and 38% below the five-year average, driven primarily by the absence of large-volume transactions and tenants postponing relocation decisions. The vacancy rate rose to 5.1% with 407,700 sq.m. available, prime rent remained stable at €32.50/sq.m./month while weighted average rent declined 10% year-on-year to €19.80/sq.m./month, and JLL forecasts full-year 2026 take-up of approximately 230,000 sq.m. with continued slight vacancy rate increases and moderate prime rent growth anticipated.
BNP Paribas Real Estate reports that Cologne's commercial real estate investment market achieved approximately €256 million in transaction volume during Q1 2026, a 195% increase year-over-year, with office assets dominating at 79.3% of activity and the highest transaction volume since 2022. Top-tier net yields remained stable at 4.40% for office properties and 4.50% for logistics, while retail yields increased modestly to 4.00%, and the analysis identifies geopolitical uncertainty as a key risk factor for market continuation in subsequent quarters.
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This is a market report published by Savills at the end of 2025 covering the office letting market in Cologne, Germany during the fourth quarter of 2025.
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This is a market report published by Savills in Q4 2025 covering the investment real estate market in Cologne, Germany.
Cologne's office market recorded 250,000 square meters of space transactions in 2025, representing a 10.1 percent increase year-over-year but approximately 15 percent below the ten-year average of 292,700 square meters, though performing better than other major German office markets. Prime rents remained stable at 33.50 euros per square meter while average rents increased slightly to 19.00 euros per square meter, with public administration and miscellaneous services accounting for nearly 30 percent and 22 percent of market activity respectively, while overall vacancy rose significantly by 27.4 percent to 497,000 square meters.
Cushman & Wakefield's MarketBeat report on Cologne's office market for Q3 2025 found cumulative take-up of 164,800 m² in the first nine months—4% above the prior year but 21% below the 10-year average—driven by large lettings from Jobcenter (32,000 m²) and mid-sized deals, with the market forecast to reach approximately 200,000 m² by year-end. The vacancy rate increased to 5.5%, prime rent remained stable at €34.00/m²/month, and weighted average rent rose to €22.60/m²/month, reflecting ongoing "flight to quality" toward modern, ESG-compliant spaces with good city-center connectivity.
This JLL report covers Germany's housing market in the second half of 2025 across eight major cities (Berlin, Hamburg, Munich, Cologne, Frankfurt, Dusseldorf, Stuttgart, and Leipzig), analyzing rental and condominium price developments, construction activity, and supply-demand dynamics. Key findings include: rental growth in the Big-8 cities averaged +4.4 percent annually with significant variation by city (Hamburg +9.0 percent, Berlin +0.2 percent); condominium prices showed recovery with median growth of +2.9 percent in Munich and +5.3 percent in Dusseldorf; construction completions declined to preliminary lows of 251,900 units in 2024 and projected at 220,000–230,000 for 2025; and all analyzed cities face supply deficits ranging from 10 to 40 units per 10,000 inhabitants, with 2026 expected to mark the lowest completion point before recovery.