In September 2025, Angermann NRW GmbH successfully brokered a mixed-use site of around 6,000 m² in Cologne's Weststadt district to a local company of the Baucon Group from Cologne. The seller was a company of the Lammerting real estate group. The site offers a wide range of development opportunities in one of the city's most dynamic submarkets.
The property at Eupener Strasse 163-165 / Widdersdorfer Strasse 369-373 comprises around 6,000 m² of space and is currently fully let. In addition to a three-storey office building with tenants from the start-up and founder environment, the site is also home to a car rental company with a service hall and generous parking spaces.
The buyer plans to reposition the site in the medium term and examine possible conversions. The surrounding area - the emerging Weststadt district of Cologne - is currently developing into an urban quarter comprising office, residential and commercial uses. Projects such as The Ship, OVUM and, in future, The Wid are already visibly shaping the transformation of the submarket.
"The sale clearly shows that the demand for mixed-use office properties in established B locations is still there despite the challenging market environment," explains Alexander Wunderle, Managing Director of Angermann NRW GmbH. "Locations such as Braunsfeld or Ehrenfeld in particular offer sustainable prospects for office space due to their variety of uses and urban embedding, which are now almost impossible to achieve in A-locations. The challenge was to find a buyer with the necessary deal security through a targeted, structured approach despite the reluctance of the banks."
"We see Weststadt as one of the most exciting development areas in Cologne," said a spokesperson for the buyer. "The area offers the opportunity to rethink urban working and living spaces - with a flexible mix of uses and sustainability as a guiding principle."
The transaction was completed in September 2025. Angermann NRW advised both parties on the sale. The parties have agreed not to disclose the purchase price.
Company information:
Angermann NRW GmbH is part of the Angermann Group, an independent consultancy with five offices across Germany. As a partner for institutional and private investors, Angermann NRW supports transactions and lettings throughout Germany.