MIXED START TO THE YEAR
The Cologne investment market continues to be dominated by the Corona pandemic in the first quarter of 2021, with the result that the start to the year was still somewhat subdued. With an investment volume of €248 million, the strong result from Q1 2020 was significantly missed by 47% and the long-term average by around 17%. At first glance, however, the losses appear much more serious than they actually are, as the strong results of the past three years in particular were always based on major transactions above the €100 million mark. However, these were completely missing in the year to date. Leaving the large deals out of the equation, it is obvious that the market continues to be dynamic and that the other size categories as a whole have even posted above-average results. At €28 million, the average transaction volume per deal also remains at a high level for Cologne in a long-term comparison.
Read the full report by downloading the PDF document.