Cushman & Wakefield: Cologne office take-up drops 35% in H1 2026

• Cushman & Wakefield flagged a sharp slowdown in Cologne office leasing in H1 2026, with take-up at 72,600 sq m, down 35% y/y.
• Q2 take-up fell to 28,300 sq m, down 36% y/y; no leases above 5,000 sq m were recorded during the quarter.
• Prime rent held at EUR 33 per sq m per month, down 2.9% y/y; average rent was EUR 20.6, up 1% y/y.
• Vacancy rose to 5.7% from the prior quarter; empty space totaled 489,850 sq m.
• Outlook points to continued caution in H2, with longer decision cycles; recovery hinges on larger occupier requirements converting into deals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cushman & Wakefield Ltd. published the original content used to generate this news brief on July 17, 2026, and is solely responsible for the information contained therein.