Property - Cologne, Donatusstr. 24

Cologne Macro Location – Economic Key Figures and Structure

With over 1.1 million inhabitants, Cologne is the most populous city in North Rhine-Westphalia and one of Germany's most important business locations. The city benefits from its central location in the Rhineland, an excellent infrastructure, and a diverse industry structure characterized by media, services, industry, and logistics.
Cologne is one of Germany's most important business locations with a strong service sector, a dynamic media landscape, and a central location in the Rhineland. The city is an important office location with high demand and stable rental development.

In 2024, the industry generated a turnover of 28.2 billion Euros, with an impressive turnover of 625,600 Euros per employee. The main construction industry is also a relevant economic factor, with an annual turnover of 1.25 billion Euros and incoming orders of 1.09 billion Euros.

Tourism also plays an important role: Over 4.15 million overnight guests were counted in 2024, of which 1.4 million were international visitors. Cologne/Bonn Airport recorded 10 million passengers and an air freight volume of 845,000 tons in the same year, underscoring the international importance of the location.

Purchasing power is unevenly distributed within the city. The average net income ranges between 22,000 and 25,000 Euros annually, depending on the district.

Cologne's Gross Domestic Product (GDP) is estimated at approximately 50 to 55 billion Euros. For 2025, a moderate economic growth of +0.5% is projected, which is considered stable given global uncertainties.

Cologne Office Real Estate Market (As of Q1/Q2 2025)

Turnover:
In the first half of 2025, around 107,500 m² of office space was turned over – an increase of 39% compared to the previous year 1. In the first quarter alone, the turnover was 68,200 m².

Rents:
The top rent remains stable at €35.00/m²/month2, while the median rent is €17.50/m²/month.

Vacancy:
The vacancy rate is 4.0–4.6%, which is considered low compared to the national average.

Conclusion
The Cologne real estate market is stable in 2025 with positive trends. While the housing market is characterized by rising rents and a slight price recovery, the commercial market offers opportunities through moderate rents and an improved negotiating position for users. The economic prospects indicate a further recovery from 2026.

The equipment of the office and commercial property corresponds to the required type of use.

The elevator, the burglar and fire alarm system, as well as the two bridge cranes with 15t each, are special installations to be mentioned.

There is currently no energy performance certificate available. The following data will be submitted later:
This is valid until xxx.
Final energy consumption is xxx kwh/(m²*a).
The main energy source for heating is district heating.
The year of construction of the property according to the energy certificate is 1974.
The energy efficiency class is xx.