Allinimmo
Research & Insights
Home › Markets › Office Market Cologne

Office Market Cologne — Figures Compared by Source

What 9 research houses currently report on the office market in Cologne — rents, yields, vacancy and investment volume side by side, rather than scattered across separate reports. Where the figures disagree it is usually a matter of differing definitions, so they are shown per source and never averaged.

Rents — Office, Cologne

SourceTypeValuePeriodQuoted from report
Angermann PublikationenTop37.5 EUR/m²/monthFY 2025Höchstmiete 37,50
German Property PartnersTop37 EUR/m²/monthH1 2026Die Höchstmiete des vergangenen Jahres von circa 37,00 €/m2 wurde im ersten Halbjahr 2026 erneut erzielt
BNP Paribas RE MarktberichtePrime33.5 EUR/m²/monthH1 2026Köln (33,50 €/m²)
Grossmann & Berger MarktberichtePrime33 EUR/m²/monthQ4 2025Im Spitzensegment konnte die Miete mit rund 33,00 €/m²/Monat
German Property PartnersPrime33 EUR/m²/monthH1 2026Die Spitzenmiete stagnierte seit Jahresbeginn bei rund 33,00 €/m2
Colliers International DEPrime33 EUR/m²/monthH1 2026Prime Rent €33.00 /m²
C&W Office MarketBeat GermanyPrime33 EUR/m²/monthQ1 2026The prime rent remained stable in Q1 2026 and stood at €33.00/m²/month
C&W DE InsightsPrime33 EUR/m²/monthQ2 2026Prime office rent remained stable quarter-on-quarter at €33.00 per sq m per month
Angermann PublikationenPrime32.1 EUR/m²/monthH1 202632,10 €/m² Spitzenmiete
Grossmann & Berger MarktberichteAverage20.7 EUR/m²/monthQ4 2025die gewichtete Durchschnittsmiete auf 20,70 €/m²/Monat erneut erhöht
C&W Office MarketBeat GermanyAverage20.6 EUR/m²/monthQ1 2026The weighted average rent also remained unchanged at €20.60/m²/month
C&W DE InsightsAverage20.6 EUR/m²/monthQ2 2026Average rent also remained broadly unchanged, standing at €20.60 per sq m per month at the end of Q2 2026
German Property PartnersAverage20.5 EUR/m²/monthH1 2026Die flächengewichtete Durchschnittsmiete sank leicht auf circa 20,50 €/m2
Colliers International DEAverage20 EUR/m²/monthH1 2026Average Rent €20.00 /m²
Angermann PublikationenAverage17.8 EUR/m²/monthH1 202617,80 €/m² Durchschnittsmiete

Range across all sources: 17.8 to 37.5 EUR/m²/month. The gap is mostly a matter of differing definitions (Average, Prime, Top), so these values are not directly comparable.

Yields — Office, Cologne

SourceTypeValuePeriodQuoted from report
German Property PartnersNet initial4.2 %Q4 2025Die Nettospitzenrendite sank zum ersten Mal wieder seit 2022 auf 4,20 %.
German Property PartnersPrime4.2 %Q4 2025Köln (4,20 %)
Grossmann & Berger MarktberichteNet initial4.2 %Q4 2025Spitzenrendite Büro relativ stabil: Köln (4,20 %)
Angermann PublikationenGross4.6 %FY 20254,6 % Spitzenrendite
BNP Paribas RE MarktberichteNet initial4.6 %H1 2026Köln (4,60 %; +20bp)
CBRE DeutschlandNet initial4.7 %Q1 2026die Spitzenrendite bei Büroimmobilien wider, die nunmehr bei 4,70 % liegt
Colliers International DEPrime4.75 %Q1 2026€ 150 m 4.75 % Cologne
Colliers International DEGross4.85 %H1 2026Prime Yield (Gross) Office 4.85 %
C&W MarketBeat GermanyPrime5.1 %Q1 2026Office Prime Yield

Range across all sources: 4.2 to 5.1 %. The gap is mostly a matter of differing definitions (Gross, Net initial, Prime), so these values are not directly comparable.

Vacancy — Office, Cologne

SourceTypeValuePeriodQuoted from report
Angermann Publikationen—5.47 %H1 20265,47 % 5,6 % H1 2026
Colliers International DE—5.5 %H1 2026Vacancy Rate 5.5 %
C&W Office MarketBeat Germany—5.6 %Q1 2026The vacancy rate increased to 5.6% by the end of March 2026
C&W DE Insights—5.7 %Q2 2026By quarter-end, the vacancy rate stood at 5.7%
Grossmann & Berger Marktberichte—6 %Q4 2025Leerstandsraten deutlich gestiegen: Köln (6,0 %)
German Property Partners—6.1 %H1 2026Die Leerstandsquote von nun 6,1 % ist für den Markt noch unproblematisch
BNP Paribas RE Marktberichte—7 %H1 2026Köln (7,0 %)

Range across all sources: 5.47 to 7 %.

Investment Volume — Office, Cologne

SourceTypeValuePeriodQuoted from report
Grossmann & Berger Marktberichte—1.4 EUR bnFY 20252025 betrug das Transaktionsvolumen in Köln rund 1,4 Mrd. €
German Property Partners—1.4 EUR bnFY 2025Köln (1,4 Mrd. €)
Colliers International DE—0.86 EUR bnFY 2025office properties – with a share of 71 % of the transaction volume
BNP Paribas RE Marktberichte—0.73 EUR bnFY 2025Köln mit 730 Mio. €

Range across all sources: 0.73 to 1.4 EUR bn.

Transactions — Office, Cologne

SourceTypeValuePeriodQuoted from report
German Property Partners—70 EUR mnFY 2025n.n. (Innenstadt) Büro Privater Investor > 70

Underlying market reports

Every figure on this page comes from one of the published market reports below, and is shown with the sentence it was taken from.

Other markets

Retail Cologne Office Berlin Logistics Cologne Office Dusseldorf Office Frankfurt Office Germany Office Hamburg Office Munich Office Stuttgart Office Austria
AI-generated: figures extracted automatically from the source reports and not manually verified. Each value shows its original quote.