Retail City Profile Cologne Full year 2017 Published in eptember 2017 Retail Market Cologne Prime multiplier currently at 24.3 High retail sales index of 130.0 Around 27% rise in the prime rent over the past ten years
Hohenstaufenring Overview of prime retail location(s) Bismarckstraße Kaiser-Wilhelm-Ring Christophstraße Gereonstraße Unter achsenhausen Tunisstraße Hauptpost Deutsche Bank ÅD Neustadt-Nord Zeughausstraße Burgmauer Komödienstraße Trankgasse Kölner Dom Magnusstraße DuMont-Carré Altstadt-Nord Limburger tr a ße Hohenzollernring Ehrenstraße KÖLN DuMont-Carré Breite traße W Karstadt Karstadt Woolworth W Opern Passagen Oper der tadt Köln Hohe traße Habsburgerring Mittelstraße Neumarkt Neumarkt Galerie childergasse Pilgrims traße Westgate Hahnenstraße Cäcilienstraße Nord-üd-Fahrt Galeria Kaufhof W Kaufhof Jacobi Altstadt-üd Pipinstraße DEG Neuköllner traße Mühlenbach 0 100 200 Neustadt-üd Blaubach Einzelhandel / Retail Einkaufzentren /hopping Centres W 1a-Lage / Highstreet Warenhaus / Department tore hopping Center / hopping Centre OpentreetMap & Contributors, JLL Research 2017 Retail City Profile Cologne eptember 2017 2
Demographic data and retail figures Demographic data Retail figures Ranking* Population as per January 01, 2016 1,060,582 4 Population trend 2012-2016 (in %) +3.9 Number of visitors 2016 (overnight reservations) 5,774,890 5 Number of employed persons as per June 30, 2016 536,811 5 Employment trend 2012-2016 (in %) +10.6 Unemployment rate 2016 (annual average in %) 8.7 Business tax per inhabitant 2015 (in Euro) 760 10 Ranking* Retail-relevant purchasing power index 2017 per inhabitant 104.4 10 Purchasing power index 2017 per inhabitant 108.1 11 Retail sales index 2017 per inhabitant 130.0 10 Centrality index 2017 124.5 9 Chain store penetration ratio 2016, total prime location (%) 71.5 trongest pedestrian traffic Ø per hour Place of counting: childergasse 41 aturday, May 06 2017 from 1.00 p.m. to 4.00 p.m. 13,505 4 Rent in prime location 100 sqm retail store 2017** (in Euro/sqm) 260 7 Rent in prime location 1,000 sqm retail store 2017*** (in Euro/sqm) 115 5 Employment structure by lines of industry 2016 Business sector structure 2016 in prime location Manufacturing 14.9% Trade/Transport 22.3% Business ervices 37.4% Public administration 25.4% Age structure (population) per 01.01.2016 Textiles 33.7% hoes/leather goods 10.7% Health/Beauty 11.3% Jewellers 8.3% Food/Restaurants, etc. 13.3% Telecommunications/ Home electronics 4.8% Furnishings/Décor 4.3% Books/tationery 1.0% ports/outdoor 1.8% Others 10.8% 0 up to 16 years 14.2% 16 up to 30 years 18.8% 30 up to 50 years 30.8% 50 up to 65 years 18.7% 65 up to 70 years 4.5% Older than70 years 13.0% * Ranking among 25 cities, of which JLL Retail City Profiles exist. ** Net rent for a virtual shop, 100 sqm sales space ground floor, without steps and columnfree frontage approximatly 6 m. In case of serveral price levels, the rental of the highest potential street is mentioned. *** Net rent for a virtual shop, 500 sqm of ground level space, ten metres front and 500 sqm in the first floor. Retail City Profile Cologne eptember 2017 3
Rental price development and value development Rental price development in prime location Value development in prime location Index value 2008=100 Index value 2008=100 Prime rent Cologne * Basis: 185 cities Development between H1 2007-H1 2017: 26.8 % Average prime rent* Development between H1 2007-H1 2017: 14.6 % Inflation Development between H1 2007-H1 2017: 14.0 % Peak value Cologne * Basis: 185 cities Development between H1 2007-H1 2017: 33.6 % Average peak value* Development between H1 2007-H1 2017: 15.2 % Inflation Development between H1 2007-H1 2017: 14.0 % High street prime rent in Cologne (in Euro/sqm/month) 2012245 2013250 2014250 2015255 2016255 H1 2017260 Multiplier in prime location Cologne 201221.70 201322.10 201422.10 201523.30 201624.30 H1 201724.30 Retail City Profile Cologne eptember 2017 4
Rhein hopping Centres / Retail Parks Dormagen Monheim A542 Langenfeld (Rhld.) Leichlingen (Rheinland) Burscheid Rommerskirchen Pulheim City-Center Chorweiler A57 Die Luminaden Rathaus-Galerie Leverkusen Leverkusen City-Center Leverkusen A1 Odenthal RheinBerg Galerie Kürten Rhein-Center Köln E31 KÖLN Köln Hauptbahnhof Colonaden Bergisch Gladbach F Rheinberg Passage Marktgalerie Neumarkt Galerie Köln Arcaden Overath A4 Frechen DuMont-Carré F Hürth Park Hürth Hürth A559 Rösrath A61 Kerpen Giesler-Galerie 0 2 4 Erftstadt ErftstadtCenters Liblar F Brühl A553 A555 Wesseling Niederkassel A59 Troisdorf A3 Lohmar iegburg Einkaufszentren / hopping Centres hopping Center / hopping Centre tadtgrenze / City Limits Hauptgeschäftszentrum / City Centre F Fachmarktzentrum / Retail Park In Planung, Bau / planned, under construction Dargestellt sind hopping Center und Fachmarktzentren >=10.000 m² (Vkf) Displayed are hopping Centres and Retail Parks >=10.000 m² Net Leasable Area (NLA) infas Geodaten, OpentreetMap and contributers, JLL Research 2017 Retail City Profile Cologne eptember 2017 5
List of references JLL Research: Business sector structure in prime locations, calculation of chainstore penetration and rental price of the listed streets, overview of prime retail locations, rental price development, value development, shopping centres Regional and Federal tatistics Offices: Population, visitor numbers, business tax, age structure, inflation rate Federal Employment Agency: Persons employed, employment structure, rate of unemployment IFH Retail Consultants: Retail purchasing power index, sales index, centrality index, pedestrian frequency GfK Geomarketing: Purchasing power index EHI-hopping-Center-Report/German Council of hopping Centers e.v.: Information about existing and planned shopping centres Consensus Economics: Prediction inflation rate Retail City Profile Cologne eptember 2017 6
Contacts Jörg Ritter Management Board Germany Retail Frankfurt tel +49 (0) 69 2003 2316 joerg.ritter@eu.jll.com Dirk Wichner Head of Retail Leasing Germany Berlin tel +49 (0) 30 203980 118 dirk.wichner@eu.jll.com andra Ludwig Head of Retail Investment Germany Hamburg tel +49 (0) 40 350011 207 sandra.ludwig@eu.jll.com Anke Kaukars Head of hopping Center ervices Germany Frankfurt tel +49 (0) 69 2003 1154 anke.kaukars@eu.jll.com Helge cheunemann Head of Research Germany Hamburg tel +49 (0) 40 350011 225 helge.scheunemann@eu.jll.com jll.de Information regarding JLL and our services jll.de/research All research reports on current market figures and special topics jll.de/research/einzelhandel Request further Retail City Profiles of other cities here jll.de/immo Commercial real estate properties for sale or to let throughout Germany Copyright Jones Lang Lasalle E, 2017. No part of this publication may be reproduced or transmitted in any form or by any means without prior written consent of Jones Lang Laalle. It is based on material that we believe to be reliable. Whilst every eff ort has been made to ensure its accuracy, we cannot off er any warranty that it contains no factual errors. We would like to be told of any such errors in order to correct them.