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
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.
Your contact persons in Cologne
Regional Manager | NRW
- Colliers International Düsseldorf GmbH, Head of Investment Düsseldorf and Partner
- Colliers International Düsseldorf GmbH, Proxy
- Colliers International Düsseldorf GmbH, Investment Director
- Colliers International Düsseldorf GmbH, Senior-Investment Consultant
- Colliers International Düsseldorf GmbH, Investment Consultant
Head of Capital Markets | Germany
I have been active in the real estate sector for about 20 years. Previously, Managing Director at Eastdil Securd I was repsonsible for growing the company’s business throughout Germany. Prior to that I worked at JLL, where most recently I was Regional Director and Head of their Frankfurt Office Investment team, responsible for large volume transactions such as Commerzbank Towers (EUR 700mn) to Samsung, Messeturm (c.300mn) to Blackstone and Skyper to Allianz (c. EUR 300mn). Beside portfolio and single asset investment sales I have experience in corporate finance, letting/tenant representation and valuations.
Head of Office Letting | NRW
15 years experience in real estate business
Head of Valuation | Germany
Kamill is the Managing Director of Colliers International Valuation GmbH and Head of Valuation Germany since April 2018. Prior to joining Colliers, he worked for DTZ in London in the valuation and investment departments before moving to VR WERT, a subsidiary of DZ HYP of the DZ Bank Group, Germany's largest property lender over the past seven years, where he was the Head of International Valuation for five years and active within the HypZert professional valuation organization and the Association of German Pfandbriefbanks (vdp).
With a focus on a strong client-driven approach on quality, timing and service, Kamill has more than 15 years of experience working in German and international real estate markets, valuing portfolios and single assets across all major asset classes on behalf of banks and institutional investors. He is a chamber of commerce certified real estate developer and carries the MRICS (RICS Registered Valuer), HypZert (F), Recognised European Valuer (REV) and World Recognized Valuer (WAVO WRV) qualifications.