VERY GOOD HALF-YEAR RESULT
The Cologne market for storage and logistics space had a very good first half of 2021. With take-up (including owner-occupiers) of around 148,000 m², the result is 49.5 % above the ten-year average, and the previous year's result was almost tripled. After a brilliant start to the year with take-up of 119,000 m² in the first quarter, which was driven by two major contracts among other things, demand in summer 2021 was stable at a high level. However, the lack of available space once again prevented a higher take-up volume. For the second quarter, therefore, only a
moderate result of 29,000 m² can be reported. In contrast to the beginning of the year, there was a lack of deals in the segment above 20,000 m² in the spring months.
Read the full report by downloading the PDF document.