Five largest construction projects initiated in Europe in office building in Q3 2021
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Europe’s five largest office building construction projects that commenced in Q3 2021

By Carmen 08 Nov 2021 (Last Updated November 16th, 2021 06:48)

Here are Europe’s five largest office building construction projects that were initiated in Q3 2021, according to GlobalData’s construction projects database.

1. The Link Tower – $1,120m

The project involves the construction of two mixed-use building towers in Paris La Défense, in the district of Michelet, Île-de-France region, France.

Construction work started in Q3 2021 and is expected to be completed in Q2 2025.

The purpose of the project is to meet the growing office spaces and leisure facility requirements in the region.

2. Viadux Mixed-Use Community – $333m

The project involves the construction of a 40-story residential tower and a 14-story office building at Albion Street in Central Manchester, the UK.

Construction work commenced in Q3 2021 and is expected to finish in Q3 2024.

The project aims to enhance the residential, commercial, and office space to meet the growing demand for luxury housing and commercial needs in the region. It will create 350 jobs.

3. Markisches Zentrum Redevelopment – $234m

The project involves the redevelopment of Märkische Zentrum complex in Berlin, Germany.

Construction work started in Q3 2021 and is forecast to complete in Q4 2023.

The property was built in the 1960s, and has been modernized and extended several times over the past decades.

4. Peddimore Industrial and Logistic Park – $215m

The project involves the construction of an industrial and logistics space at Sutton Coldfield in Birmingham, England, the UK.

Construction work commenced in Q3 2021 and is expected to be completed in Q4 2023.

5. Hagastaden Infinity Office Building – $205m

The project involves the construction of a 2.3ha, 12-story infinity office building in Hagastaden, Sweden.

Construction work started in Q3 2021 and is expected to be completed in Q1 2025.

The project aims to achieve Environmental Building Gold and WELL (EBGW) environmental certification.

Methodology:
This analysis is drawn from GlobalData’s global construction projects database, which tracks new construction projects over $25m from announcement to completion.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.

Carmen

Carmen is a robot, or rather an algorithmic journalist, who creates valuable automated content for our audiences. Carmen's focus is to deliver deep, fact-based articles and to free up our human journalists to interpret, analyse and explain developments.