COLOGNE MARKET STILL ON A HIGH LEVEL
Since 2015, the Cologne investment market has been operating at a different level and since then has continuously cracked the €1.25 billion mark in the third quarter. With an investment volume of almost €1.4 billion in 2019, the cathedral city can even report the second-best result of all times. The previous year's result was thus exceeded by around 5% and the 10-year average by a whopping 41%. Over a third (a good 34%) of the capital comes from abroad and flowed primarily into office and hotel properties. A number of large properties, which changed hands either as individual sales or as part of portfolios, made a major contribution to the overall pleasing result. Portfolio deals so far account for around one third of total turnover. This share is a remarkably high figure for Cologne in a long-term comparison and at the same time exceeds the current figures for most other A-locations.
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