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Auditing Association rents 2,900 sqm in the new Cologne office hotspot!
Auditing Association rents 2,900 square meters of office space in Quincy, Cologne. Stable market development expected – insights into Cologne’s real estate market in 2025.
Auditing Association rents 2,900 sqm in the new Cologne office hotspot!
In an exciting development for the Cologne office market, the Auditing Association of German Banks recently announced that it is leasing around 2,900 square meters of office space in the mixed-use property Quincy. As the Real estate newspaper reported, the rental period is expected to begin in the third quarter of next year. Before the new offices can be moved into, the area will need to be extensively renovated.
Cologne is now proving to be a location that is ideally equipped for such large rentals. An analysis of Bürosuche.de highlights that demand for modern office space remains stable. In addition, an expansion of around 60,000 square meters in the office segment is expected in 2025, which could increase flexibility for companies.
Market developments and trends
The Cologne real estate market appears largely stable at the beginning of 2025, with a noticeable upward trend on the rental market from Certa report is documented. The recovery in the residential real estate market is particularly encouraging, with the first positive trends following a lengthy price correction. In the rental segment, prices for residential properties rose by 5.97% year-on-year, while the average price for commercial offices remained stable at around 16 euros per square meter.
In the hectic environment of the Cologne market, the importance of logistics properties has also increased. This segment is dynamic with prime rents expected in new development areas, making the environment extremely attractive for investors. However, given the economic uncertainty, some attention is also being paid to companies' investment behavior.
While demand in the premium segment could temporarily ease due to new buildings, Cologne remains highly popular as an attractive location for office and logistics space. The strong infrastructure and the diverse network options in the city ensure that companies always keep an eye on the Cologne market.
With a smart instinct for making the right decisions in real estate, this could be a golden opportunity not only for the coming years but also for the future. Who knows, perhaps the new office of the German Bank Auditing Association will be a real stroke of luck for the city and the region.