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Cologne’s investment market: fewer sales, declining prices

On the occasion of MIPIM, one of the most important international real estate trade fairs, Greif & Contzen is taking a look at Cologne’s real estate investment market with its German and international stakeholders. A total transaction volume of EUR 1.2 billion was generated in the cathedral city last year – this corresponds to a year-on-year decrease of around two thirds.

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Space shortage and rising prices

In view of the poor outlook concerning the overall economic situation, companies have become more restrained when it comes to their search for commercial space in the Cologne | Bonn region. Availability of industrial, storage and logistics properties continues to be too low, despite the decrease in demand; and rent prices are rising further as a result.

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After the record-breaking year: where will Cologne’s property market go from here?

Cologne’s investment market continues to do well, following the record turnover of 3.8 billion euros generated in 2021. Greif & Contzen’s researchers expect that demand will remain high and prices will continue to rise.

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New premises for the Off Road Kids street workers

The Off Road Kids Foundation is able to expand its range of offerings in Cologne, thanks to brokerage services provided by Greif & Contzen: the property experts arranged for a letting contract for around 830 square metres of space in the city centre. The premises were handed over to the foundation at short notice and will be used to provide advice to young people who are at risk of becoming homeless.

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Commercial property market Cologne|Bonn: very noticeable lack of space

A total of around 285,000 square metres of industrial, storage and logistics space were taken up in the Cologne|Bonn region in the first three quarters of 2021. This corresponds to an increase by just over 100,000 square metres compared to the same period last year.

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Greif & Contzen arranges office space lease for basketball organisation

BBL GmbH takes up space in Cologne-Mühlheim

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