Specialty chemicals group LANXESS will transfer its corporate headquarters from Leverkusen, Germany, to the former Lufthansa headquarters on Deutzer Freiheit, Cologne, Germany, in the second half of 2013. The contracts with the owner, Kennedy-Ufer-Köln GmbH & Co. KG, and the project developer, HOCHTIEF Projektentwicklung GmbH, have already been signed.

More than 1,000 employees will move. The building, measuring around 100 meters in height, is currently being completely modernized to become one of the most energy-efficient buildings in Germany. The new company headquarters will bring almost all management functions under one roof.

Cologne not only has an infrastructure unique in North Rhine-Westphalia with excellent transport connections, it is also a renowned academic and research center and, as such, an enormous attraction for top talent.

• LANXESS AG, Leverkusen, Germany