At a Glance Q3 2020

Logistics market Cologne

Logistikmarkt Köln


The Cologne logistics market had a restrained start to the year and was unable to pick up momentum in the second quarter. The sharp rise in demand for warehouse space, particularly by retail companies and logistics firms, which was registered in many regions during the lockdown did not occur in the Cologne market area. All the more, rental activity was lively in the third quarter. Between the beginning of July and the end of September, 53,000 m² of space was taken up. This above-average quarterly result has pushed take-up to a current 102,000 m² (including owner-occupiers). This exceeded the previous year's result by 16 %. Nevertheless, the high take-up levels of the years 2016-2018 are still a long way off and the ten-year average is missed by almost 28 %.

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