Bezirksrathaus Köln - Rotunde

PARIBUS BEZIRKSRATHAUS KÖLN

Total investment volume

EUR 58.850.000

Total lettable area

14.945 m²

Type of use

Office

FUND OVERVIEW

Paribus Bezirksrathaus Köln

  • Portfolio real estate in Cologne
  • City of Cologne as state tenant
  • Fully let

The fund object is a representative office and administration building in Cologne, administrative district Nippes. It was developed for and in consultation with the city of Cologne as a district town hall and built with special features and access for public town hall operations, a district library, offices for members of parliament and an adult education centre. The building is located approximately four kilometres north of Cologne city centre, directly on Neusser Straße and the Neusser Straße/Gürtel underground station, and thus in a central location in the administrative district of Cologne-Nippes.

In addition to the usual official tasks of a district town hall, the staff at the Nippes Customer Centre are available to citizens for passport, driving licence and registration matters. In addition, the Bürgeramt is home to the school and sports departments. The district foreigners’ office and the youth welfare office are also located here.

Furthermore, the Cologne-Nippes District Town Hall houses a district library on an area of 1.210 m². On the lower floors, there is an extensive range of courses offered by the Volkshochschule Köln (Cologne Adult Education Centre). The district town hall is thus far more than just an authority – it is a place of communication, encounter and education.

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Fund and Assetmanager Paribus Kapitalverwaltungsgesellschaft mbH
Commercial and technical Property Manager

Paribus Immobilien Assetmanagement GmbH

Investor Services Paribus Trust GmbH

REAL ESTATE DATA AS OF 26th of March 2021

Paribus Bezirksrathaus Köln

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Type of object

Office and administration building

Location

Neusser Strasse 450, 50733 Cologne (district Cologne-Nippes)

Year of construction

1999

Plot size

Building with around 14.495 m² lettable area:

  • around 14.280 m² above ground (7 storeys)
  • around 665 m² underground (1 storey)

156 parking spaces (underground car park)

Tenant

City of Cologne

Occupancy rate

100 %

Net rent

  • 2020 to 2024: around EUR 2.890.000 p.a.
  • 2025 to 2029: around EUR 3.480.000 p. a.

GALLERY

Bezirksrathaus Köln - entrance area
Bezirksrathaus Köln - Rotunda
Bezirksrathaus Köln - Rotunda
Bezirksrathaus Köln - exterior view
Bezirksrathaus Köln - exterior view
Bezirksrathaus Köln - wating area
Bezirksrathaus Köln - exterior view
Bezirksrathaus Köln - room of the Volkshochschule (Community College)
Bezirksrathaus Köln - corridor and waiting area
Bezirksrathaus Köln - district library
Bezirksrathaus Köln - exterior view

LOCATION

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CONTACT PERSON

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