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Letting··2 min read

MOMENI Group announces new lease with EY at Börsenplatz 1 in Cologne

The MOMENI Group has successfully concluded a new lease agreement for 5,300 sqm with existing tenant EY in the BÖRSENPLATZ 1 property in Cologne.

AI-generatedMOMENI Group announces new lease with EY at Börsenplatz 1 in Cologne – AI-generated illustrative image
MOMENI Group announces new lease with EY at Börsenplatz 1 in Cologne. Illustrative image generated using artificial intelligence (AI). The image does not depict a real property, person or event and is not a documentary photograph. Labelled in accordance with Article 50(4) of the EU AI Act.

The MOMENI Group has finalised the contract extension with EY for 5,300 square metres of office space in the BÖRSENPLATZ 1 property in Cologne. With this agreement, EY continues its commitment to the existing location and reaffirms the property's significance for the future design of the company's work environment. JLL supported the letting process as tenant representation.

BÖRSENPLATZ 1 comprises a total area of approximately 18,000 square metres and is located in a central inner-city area of Cologne, within the banking district. The building, designed by architect Wilhelm Riphahn in 1952, is partially listed as a historical monument and shapes the cityscape with its vertical structure. The property has undergone extensive refurbishment in recent years.

Building Structure and Sustainability

The flexible building structure of the three-wing office complex, consisting of several sections and four separate entrances with a main entrance on Börsenplatz, allows for various usage concepts. The property is currently fully let and offers 323 parking spaces. Its central location ensures walking distance to the main railway station as well as other public transport connections and cultural institutions in the city centre.

In terms of sustainability, the property holds a BREEAM 'Very Good' certification. Operational optimisation is supported by the use of AI-driven systems, and the general electricity supply is 100 percent from renewable sources on a balance sheet basis. The newly concluded lease agreement with EY is structured as a Green Lease, thereby promoting the shared sustainability goals of both tenant and landlord.

Marcella Billand, Managing Director of MOMENI Investment Management GmbH, highlighted the quality of the property in this context, emphasising the sustained demand for high-quality, future-oriented spaces in suitable locations. Titus Zwirner, EY Partner and Head of Office in Cologne, spoke positively about the location conditions at BÖRSENPLATZ 1 and their suitability for a modern work environment. He mentioned the possibility of bringing teams together in Cologne and strengthening collaboration in a central location. Legal advice for the MOMENI Group was provided by FPS Rechtsanwaltsgesellschaft mbH & Co. KG, while EY was represented by Osborne Clarke GmbH & Co. KG.

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