IMPRESSIVE START TO THE YEAR
The investment market in Cologne has started very strongly into the year 2022. With an investment volume of €480 million, the second best result ever has been achieved, only outperformed by the 2017 results. Both single investments and, especially, the proportionally considered portfolio transactions are at a high and above-average level. Around 67% of the placed volume is due to single investments, which register a result above the long-term average (€279) with a total of €320 million. Portfolio deals also generated a top figure of €160 million, similar to the record result of 2013 (€161 million). A significant contribution to this excellent result was made by the properties in the Cologne market area that changed hands as part of Brookfield's acquisition of alstria. This includes office and mixed-use properties in both central and rather decentralized locations.