Key Takeaways
- • CBRE Investment Management, acting on behalf of a client, let an industrial and logistics property of approximately 13,000 square metres on Poll-Vingster-Straße in Cologne to an international express and logistics company specialising in e-commerce and last-mile delivery.
- • The lease commenced on 1 September 2026, with an initial five-year term and an option to extend for a further five years.
- • The space comprises around 11,000 square metres of warehouse space plus approximately 1,000 square metres each of mezzanine and office space.
- • Savills advised the tenant throughout the letting process and arranged the tenancy agreement.
- • CBRE IM's Annabelle Dierks, Head of Logistics Asset Management Germany, cited ongoing demand for well-connected logistics space in urban markets.
Summary
CBRE Investment Management (CBRE IM) has let an industrial and logistics property of approximately 13,000 square metres on Poll-Vingster-Straße in Cologne to an international express and logistics company focused on e-commerce and last-mile delivery. CBRE IM executed the letting on behalf of a client, according to the primary source.
The lease commenced on 1 September 2026 and runs for an initial term of five years, with an option to extend for a further five years. The leased area comprises around 11,000 square metres of warehouse space, together with approximately 1,000 square metres each of mezzanine and office space. Savills advised the tenant throughout the process and arranged the tenancy agreement.
Annabelle Dierks, Head of Logistics Asset Management Germany at CBRE Investment Management, said the transaction "confirms the ongoing demand for well-connected logistics space in urban markets." She added that locations from which large conurbations can be served quickly and efficiently are particularly sought after by e-commerce and last-mile operators, and that the property meets the new occupier's requirements.
The site has connections to regional and national transport networks via the nearby A4 and A559 motorways, with local public transport also easily accessible. The property features a photovoltaic system, charging facilities for electric vehicles and e-bikes, and a full-coverage sprinkler system. The primary source describes the building as due for completion in 2023.
The publisher's related coverage places the Cologne transaction within a broader CBRE IM logistics pipeline, including the acquisition of two logistics properties in Gladbeck and Cologne with a combined lettable area of around 13,000 square metres. Publisher context also notes that the Cologne investment market remained subdued in Q2 2026, with €185m of volume and a half-year total of €379m, a 12% decline.
The lease commenced on 1 September 2026 and runs for an initial term of five years, with an option to extend for a further five years. The leased area comprises around 11,000 square metres of warehouse space, together with approximately 1,000 square metres each of mezzanine and office space. Savills advised the tenant throughout the process and arranged the tenancy agreement.
Annabelle Dierks, Head of Logistics Asset Management Germany at CBRE Investment Management, said the transaction "confirms the ongoing demand for well-connected logistics space in urban markets." She added that locations from which large conurbations can be served quickly and efficiently are particularly sought after by e-commerce and last-mile operators, and that the property meets the new occupier's requirements.
The site has connections to regional and national transport networks via the nearby A4 and A559 motorways, with local public transport also easily accessible. The property features a photovoltaic system, charging facilities for electric vehicles and e-bikes, and a full-coverage sprinkler system. The primary source describes the building as due for completion in 2023.
The publisher's related coverage places the Cologne transaction within a broader CBRE IM logistics pipeline, including the acquisition of two logistics properties in Gladbeck and Cologne with a combined lettable area of around 13,000 square metres. Publisher context also notes that the Cologne investment market remained subdued in Q2 2026, with €185m of volume and a half-year total of €379m, a 12% decline.
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