Donnerstag, 18. Dezember 2025
Urban Partners, in collaboration with evolutiq as the investment and development manager, is developing a sustainable multi-user logistics property with approximately 24,000 m² of gross floor area on a former industrial site in Cologne-Ossendorf. The brownfield project stands for modern space revitalization, flexible usage concepts, and a holistic ESG approach aiming for DGNB Gold. The financing is primarily through the NSF V fund from Urban Partners.
Urban Partners and evolutiq revitalize brownfield in Cologne-Ossendorf and develop future-oriented multi-user logistics property
Joint venture transforms former industrial area into sustainable logistics property (BGF approx. 24,000 m²), goal: DGNB Gold and flexible multi-tenant use
The majority of the project is financed from the NSF V Fund of Urban Partners
Cologne, December 18, 2025 – Urban Partners (formerly Nrep) has acquired a brownfield site in the Cologne district of Ossendorf through its Nordic Strategy Fund (NSF V) together with evolutiq GmbH as investment and development manager, to develop a modern, sustainable multi-user logistics property. This marks the fifth joint project of Urban Partners and evolutiq.
The development sends a clear signal for sustainable land revitalization and further strengthening of the economic location of Cologne. By repurposing an underutilized brownfield area, the project protects further green spaces from development, enables environmentally compliant remediation of a former industrial site, and creates modern, flexible logistics spaces that meet the changing needs of tenants. These new, modern spaces contribute to promoting local employment, attract commercial players, and strengthen the stability of the supply chain for the entire Cologne economy.
Wolfgang Ködel, Managing Director Urban Partners Germany, said: “This is an excellent example of how we develop vacant spaces into modern, sustainable logistics properties that are designed for future demands. Together with our long-term reliable partner, we bring together strategic capital and practical implementation expertise to create a resilient and future-proof infrastructure that supports Cologne's growing economy.”
The property is designed as a flexible multi-user concept and can be divided into up to four units. This makes it suitable for both larger single-tenant users and multi-tenant solutions, thus appealing to a wide range of logistics and commercial users.
Claudia Hickmann, Investment Manager at evolutiq, said: “With this development, we are creating a future-proof logistics infrastructure in one of the most important economic locations in North Rhine-Westphalia. As a company with roots in Cologne, it is particularly important for us to meaningfully revitalize former industrial areas and strengthen our hometown in the long term.”
The project underscores the joint commitment of the joint venture partners to build sustainable commercial properties that are specifically tailored to the needs of tenants and the community. The project aims for a DGNB Gold certification and pursues a comprehensive sustainability concept. Plans include the use of heat pumps, photovoltaic systems, and partially greened roofs that are intended to contribute to the ecological enhancement of the site as well as to the improvement of the microclimate.
Planned are among other things the use of heat pumps, photovoltaic systems, and partially greened roofs, which are intended to contribute to the ecological enhancement of the site as well as to the improvement of the microclimate. These measures aim to reduce operational emissions and strengthen the local environment while simultaneously increasing long-term energy efficiency.
Further details about the project will be announced in due course.
For more information, please contact:
Jannica Aalto, Corporate Affairs, Urban Partners:
Claudia Hickmann, Investment Manager, evolutiq GmbH
Claudia.hickmann@evolutiq.com
Urban Partners
Urban Partners is a leading European investment manager, owner, and operator of properties in urban areas with a 20-year track record of achieving strong, risk-adjusted returns across market cycles. We actively develop and manage high-quality real estate in prime locations in Northern Europe. Urban Partners was founded in 2005 as Nrep and manages assets of more than 23 billion euros through various strategies across the entire capital structure. We invest with great conviction in urban environments where we see a strong, resilient economy and above-average growth potential.
evolutiq
evolutiq is an investment and asset management company with project development activities for logistics and office properties throughout Germany, focusing on digital and sustainable projects. evolutiq reinvests in its future growth as well as in philanthropic activities and seeks to make a sustainable contribution to the economy and society.
