
An intense business scene in Bonn has played a notable role in the city’s development. Bonn has changed and adapted to satisfy the needs of businesses, and one of the notable changes was the emergence of coworking in Bonn. The city is situated only a 20-minute drive from Cologne in the southernmost part of the Rhine-Ruhr region. This is the biggest metropolitan area in Germany, with 11 million residents. For the most part, the local economy is largely dependant on medium-sized and small businesses. Statistics show that more than 99% of businesses are SMEs. This factor does not only affect the labour market but has a notable effect on commercial real estate. Coworking in Bonn is a relatively new workspace in the local CRE market that is extremely popular among startups and SMEs. Still, in fact, it covers the needs of a significantly broader target audience. For instance, large companies often choose the coworking space in Bonn over the traditional one for its flexibility and affordability. Moreover, shared office spaces are perfect if you are looking for new employees for your business, as there are many freelancers and other specialists who rent workstations here. Alongside historical buildings, the city centre comprises a large number of freshly built business centres that boast top-notch coworking space solutions of Bonn. Despite high living costs in addition to expensive office rent, the vacancy rate of 2.4% is a typical rate for top German business locations. Bonn is an expensive yet coveted location. The local business market is now a dynamic one, which means that it attracts worldwide investors. The startup scene is a bit of a mixed bag, with almost 30% of startup staff not being German.