Welcome to Cologne
Your real estate advisor in Cologne
Colliers International - where local knowledge of Cologne’s markets meets global leadership in the real estate industry. With roughly 300 employees throughout Germany, we can assist you throughout every phase of your property lifecycle. Whether your focus is office, industrial and logistics, retail, hotel, residential or building sites, the personal consulting services provided by our experts give you and your company access to custom solutions.
With more than one million inhabitants and its status as a carnival stronghold located right at the heart of the Rhine-Ruhr economic region, Cologne is not only Germany’s fourth-largest city but also one of the country’s most important real estate markets with distinctive local color. As a business location, Cologne is particularly characterized by its steady, above-average population growth trend, falling unemployment rate and above-average purchasing power. Cologne is also a university town, giving it a large population of highly qualified, skilled workers.
Offices in Cologne
Home to a variety of companies from the insurance and financial sectors as well as numerous media companies, Cologne boasts a diverse business landscape. The city’s office vacancy rate has continued to drop over the past few years, resulting in increased scarcity of quality office space available for lease. Cologne’s Rheinufer, one of the city’s top locations, particularly stands out in terms of architecture with its distinctive crane buildings. Other popular office locations in Cologne include Old Town North, Old Town South, Neustadt, Deutz, Ossendorf, Marienburg, Bayenthal, Zollstock, Rodenkirchen, Gremberghoven, Lindenthal and Ehrenfeld. Average rent throughout the Cologne municipal area currently comes to €12.90. High take-up is frequently generated by the public sector as well as the University of Cologne and university-related institutions.
Industrial & Logistics in Cologne
Its convenient location and efficient multimodal infrastructure make Cologne one of Germany’s top logistics regions. In addition to Cologne-Bonn international airport, which ranks third among Germany’s cargo airports, the Hamburg location features another logistics focal point. The freight village in the southern Cologne-Eifeltor district is one of Europe’s most important major transshipment hubs and a magnet for many internationally active logistics service providers. The region’s economic diversity and high purchasing power are also attracting more and more retail companies looking to benefit from the advantages to be found in the Cologne region. Due to ongoing shortage of space, currently the norm in all of Germany’s logistics hotspots, an increasing number of logistics companies are turning to Cologne’s surrounding areas.
Retail and shops in Cologne
Schildergasse is the city’s top prime location with the highest footfall. Located between Hohe Straße and Neumarkt, the location features a spacious, attractive pedestrian zone that is home to a number of anchor tenants. Hohe Straße is another of the city’s prime shopping destinations. The location is home to numerous young fashion labels and features smaller retail spaces. Wallrafplatz, Cologne’s luxury location with direct access to Hohe Straße, is situated directly at the Cologne Cathedral. Mittelstraße has a reputation as Cologne’s premium/luxury shopping destination and is home to stores run by a number of high-end retail chains. In contrast, Ehrenstraße is a trendy location preferred for leisurely strolls. The area features special concept stores and a unique flair.
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