Work in the Park

MediaPark 6 in the heart of the Rhine metropolis Cologne. To both residents of Cologne and outsiders, the MediaPark is best known as an innovative and popular hotspot for working, living and leisure in the heart of the city centre.Nowhere else in the cathedral city outside the locations directly on the Rhine offers such a distinctive and attractive environment, such outstanding infrastructure or such good local public transport and private transport links.

Highlights

First-Class Location

The MediaPark - a perfect place for working and living in the heart of Cologne

Die gute Anbindung an den Öffentlichen Nahverkehr sowie die große Tiefgarage direkt unter dem Media Park bieten viele Optionen für die verschiedensten Anreisemöglichkeiten. Für die Mittagspause befinden sich in direkter Nachbarschaft zahlreiche Angebote und Einkaufsmöglichkeiten. Und wer nach der Arbeit noch gerne ins Kino, zum Sport oder in die Stadt möchte, kein Problem alles ist fußläufig erreichbar.

REPRESENTATIVE

The MP6 is a representative office building that is among the younger structures in the MediaPark, which has been developed as a media location since 1987. The MediaPark area now hosts a diverse mix of media companies, IT, culture, education, medicine, research, gastronomy, commerce, and business, thus successfully realizing the original idea of a district focused on media companies

FLEXIBILITY

MP6 offers you all the possibilities to shape your working environment according to your needs. Whether an open office floor in New Work style or closed structures for a traditional layout, the office spaces can be flexibly adapted to the individual requirements of the users.

Highlights

First-Class Location

The MediaPark - a perfect place for working and living in the heart of Cologne

Die gute Anbindung an den Öffentlichen Nahverkehr sowie die große Tiefgarage direkt unter dem Media Park bieten viele Optionen für die verschiedensten Anreisemöglichkeiten. Für die Mittagspause befinden sich in direkter Nachbarschaft zahlreiche Angebote und Einkaufsmöglichkeiten. Und wer nach der Arbeit noch gerne ins Kino, zum Sport oder in die Stadt möchte, kein Problem alles ist fußläufig erreichbar.

REPRESENTATIVE

The MP6 is a representative office building that is among the younger structures in the MediaPark, which has been developed as a media location since 1987. The MediaPark area now hosts a diverse mix of media companies, IT, culture, education, medicine, research, gastronomy, commerce, and business, thus successfully realizing the original idea of a district focused on media companies

FLEXIBILITY

MP6 offers you all the possibilities to shape your working environment according to your needs. Whether an open office floor in New Work style or closed structures for a traditional layout, the office spaces can be flexibly adapted to the individual requirements of the users.

Key Facts

Im Mediapark 6, 50670 Cologne
Office submarket Cologne City
Risk category Core+
Completed 1999
Use: Offices, residential
Letting structure: Multi-tenant
9/3 Upper/lower floors
6.583 sq m Site area
19.239 sq m Lettable area
304 Underground parking spaces

First-Class Location

Im Mediapark 13-15

Use: Residential

Im Mediapark 11 & 12

Use: Offices, residential

Im Mediapark 9 & 10

Use: Residential

Im Mediapark 8b

Completed 2000
Use: Hotel
Rental area: 11,700 sq m
Main tenants: NH Collection Hotel

Im Mediapark 8

Completed 2001
Use: Offices, catering, conference facilities, broadcasting station
Rental area: 36,500 sq m, of which 26,676 sq m offices
Main tenants: BCG, IQWiG, SwissLife, Mayer Brown, Regus, Cannamedical Pharma

Im Mediapark 8a

Completed 2000
Use: Offices
Main tenants: Fotoakademie Köln, Deepl, AXA Investment Managers, Crowdfox

Im Mediapark 7

Completed 1995
Use: Media, cultural and event space
Rental area: 16,764 sq m
Main tenants: Educational facilities, museums, libraries, archives, foundations

Im Mediapark 6

Completed 1995
Use: Offices
Main tenants: ACCSO, Network Movie

Im Mediapark 5

Completed 1994
Use: Offices, residential, retail, catering, educational facilities
Rental area: 28,300 sq m
Main tenants: Polish consulate, ISM, various consulting companies

Im Mediapark 4

Completed 2003
Use: Offices, residential, educational facilities
Rental area: 34,000 sq m
Main tenants: Hochschule Fresenius, JustFit, Forum Klinik

Im Mediapark 3

Completed 2001
Use: Hospital
Rental area: 7,487 sq m
Main tenants: Mediapark Klinik

Im Mediapark 2

Completed 2000
Use: Offices, medical practices
Rental area: 3,633 sq m
Main tenants: Edcom Software & Consulting GmbH, various medical practices, Rehasan Kliniken Holding GmbH

Im Mediapark 1

Completed 1991
Use: Cinema, catering
Rental area: 14,158 sq m
Main tenants: Cinedom

Im Mediapark 1

Completed 1991
Use: Cinema, catering
Rental area: 14,158 sq m
Main tenants: Cinedom

Im Mediapark 2

Completed 2000
Use: Offices, medical practices
Rental area: 3,633 sq m
Main tenants: Edcom Software & Consulting GmbH, various medical practices, Rehasan Kliniken Holding GmbH

Im Mediapark 3

Completed 2001
Use: Hospital
Rental area: 7,487 sq m
Main tenants: Mediapark Klinik

Im Mediapark 4

Completed 2003
Use: Offices, residential, educational facilities
Rental area: 34,000 sq m
Main tenants: Hochschule Fresenius, JustFit, Forum Klinik

Im Mediapark 5

Completed 1994
Use: Offices, residential, retail, catering, educational facilities
Rental area: 28,300 sq m
Main tenants: Polish consulate, ISM, various consulting companies

Im Mediapark 6

Completed 1995
Use: Offices
Main tenants: ACCSO, Network Movie

Im Mediapark 7

Completed 1995
Use: Media, cultural and event space
Rental area: 16,764 sq m
Main tenants: Educational facilities, museums, libraries, archives, foundations

Im Mediapark 8

Completed 2001
Use: Offices, catering, conference facilities, broadcasting station
Rental area: 36,500 sq m, of which 26,676 sq m offices
Main tenants: BCG, IQWiG, SwissLife, Mayer Brown, Regus, Cannamedical Pharma

Im Mediapark 8a

Completed 2000
Use: Offices
Rental area: 50,226 sq m
Main tenants: Fotoakademie Köln, Deepl, AXA Investment Managers, Crowdfox

Im Mediapark 8b

Completed 2000
Use: Hotel
Rental area: 11,700 sq m
Main tenants: NH Collection Hotel

Im Mediapark 9 & 10

Use: Residential

Im Mediapark 11 & 12

Use: Offices, residential

Im Mediapark 13-15

Use: Residential

Sustainable Cash Flow

RISK DIVERSIFICATION

TENANT OVERVIEW

The commercial tenants comprise around 28 occupiers from various sectors. These include companies from the fields of IT & communications, media, medicine and the service sector. Combined with the diversified lease terms, this crisis-proof sector mix also offers an investor optimal risk minimisation. In addition, there is the cash flow from the lettings of the 16 residential units on the two upper floors, which represents secure income in this location and, at 5% of total cash flow, is non-critical to any office investor.

Rental Growth Potential

RENTS AT SUBMARKET LEVEL

RENTAL GROWTH IN FIGURES

The Building

ACCESS

HISTORY AND FIT-OUT

The mp6 offered for sale was originally an owner-occupier development by Victoria-Versicherung in the summer of 1999, making it one of the newer buildings on the MediaPark in its vicinity. Back in 1987, an urban development ideas competition was held for the 200,000 sq m former Gereon rail freight depot, which was revitalised as today‘s MediaPark site ins Leben gerufen. Ziel war es, einen neuen Stadtteil fokussiert auf Medienunternehmen zu schaffen, um den Medienstandort Köln weiter voranzubringen. Diese Idee ist inzwischen längst erfolgreich umgesetzt und stetig weiterentwickelt worden. So gibt es heute neben zahlreichen Medienunternehmen einen attractive sector mix of IT, culture, education, medicine, research, restaurants, retail and business. In accordance with the implementation concept, the site was divided into 13 individual plots and sold separately. The first building, the “Cinedom” multiplex cinema was completed in 1991 and, in 2001, the “Kölnturm”, the Mediapark’s landmark tower, opened its doors. The most recent completion on the MediaPark was the “Forum” in 2003.

RENOVATION AND REFURBISHMENT WORKS
IN THE LAST 3 YEARS

Replacement of neon lighting in the stairwells
(in progress)
Sedo tenant fit-out on 4th-7th floors (in progress)
Accso Solutions tenant fit-out on 3rd floor
ADS tenant fit-out on the 1st and 5th floors
Direkt Gruppe tenant fit-out on the 6th floor
Look & Graffelder tenant fit-out on the 2nd floor
Separation of drinking water and extinguishing water pipe
Renovation of external façades on the red and yellow stairwell
Installation of cooling systems in ADS rental areas on the 2nd and 5th floors
Partial replacement of cooling systems in yellow core and red core

BUILDING FIT-OUT

CONSTRUCTION Reinforced concrete frame construction
STRUCTURE Two-hip building structure
FACADE Attractive architecture with numerous glass and metal elements and a natural stone façade
WINDOWS Windows with double glazing, aluminium frames and external, electrically operated solar shading
ROOF Insulated flat roof, gravelled
DIMENSIONS Building depth approx. 13.4 m; planning grid approx. 1.35 m & room depth approx. 5.5 m
CEILINGS Reinforced concrete with suspended plasterboard or Metal panels
WALLS Flexible installation options thanks to plasterboard walls
FLOORING Carpet and designer floor in the rental areas, natural stone covering in the foyer/entrance area
HEATING Gas central heating
VENTILATION/COOLING throughout the building, partial cooling in the server rooms and in individual rental areas; cooling equipment in place
IT Cat 5 cabling/floor box ducts
LIGHTING Optimised screen workstation lighting
LIFTS 7 passenger lifts from GF to 7th floor; Goods lift on GF
COMMERCIAL UNITS Flexible layout of commercial units (divisible from approx. 265 sq m)
RESIDENTIAL UNITS Highly sought-after apartment sizes (avg. apartment size approx. 78.5 sq m)