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Germany: Office Investment B and C Cities H1 2022

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In the first half of 2022, around €3.5 billion was invested in office and mixed-use properties with an office share outside the TOP 7. After a weaker first half of the previous year, the transaction volume is thus back at the level of 2020 and 2019. It should not be forgotten that the good half-year result was largely supported by the strong first quarter, in which around €2.1 billion was invested outside the A-cities.


Germany: Office Investment B and C Cities H1 2022

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Philipp Allroggen



Philipp graduated with a master's degree in economics in 2019. After gaining experiance in the consultancy sector (internships at PwC and HORBACH) and working as a graduate research assistant at the Chair of Quantitative Economic Policy and the ad personam Jean Monnet Chair of Macroeconomics at University of Duisburg-Essen, he joined Colliers International Germany in September 2019.

He is monitoring, analyzing and conducting research and analysis in real estate markets, macroeconomic environment, future trends and other real etstae related topics, as well as writing market reports and supporting local researchers and brokers.

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Michael R. Baumann

Head of Office Investment B & C Cities | Germany | Senior Director


Michael has been part of the investment team at Colliers since October 2005. Before that he was working for the international investment department at Colliers CSL in Zurich for 2 years.


After his education in structural engineering he worked in Graz, Austria, in the domain construction management/project management. Afterwards he studied Business Studies/Real Estate at the university of Biberach, Germany, and Real Estate Management at Nottingham Trent University, England.


Having stayed in several countries (e. g. studies in England, internship in Trinidad & Tobago, business events in Singapore etc.) he has gained a lot of experience and has a very good national and international network.

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