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May 23, 2022updated 27 Jul 2022 5:11pm

Europe’s five largest office building construction projects that commenced in Q1 2022

By Carmen

Here are Europe’s five largest office building construction projects that were initiated in Q1 2022, according to GlobalData’s construction projects database.

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1. Ostendstraße 1-14 Commercial Buildings – $1,293m

The project involves the construction of a commercial complex on a 10ha area with a gross floor area of 270,000m2 at Ostendstraße 1-14, Berlin, Germany.

Construction work started in Q1 2022 and is expected to be completed in Q4 2027.

The project aims to meet the growing requirement for office, retail, hotel and commercial facilities for people in the region.

2. Paris Tour Triangle High-Rise Building – $755m

The project involves the construction of a 42-story triangular office building on a 80,000m2 area at Porte de Versailles in the 15th arrondissement of Paris, France.

Construction work commenced in Q1 2022 and is expected to finish in Q1 2026.

The purpose of the project is to cater to the growing demand for hotel and office facilities in the city.

3. Deansgate Mixed-Use Community – $261m

The project involves the construction of a mixed-use community on 0.60ha of land in Manchester, the UK.

Construction work started in Q1 2022 and is forecast to complete in Q4 2025.

The project aims to meet increased housing demand and to provide a BREEAM Outstanding, WELL Platinum, NABERS 5 star and Grade A office and hospitality facilities.

4. Ostra Station Mixed-Use Complex – $240m

The project involves the construction of a mixed-use complex comprising four buildings in Vaesterbotten, Sweden.

Construction work commenced in Q1 2022 and is expected to be completed in Q2 2024.

The project aims to utilize the Ostra Station area for commercial and residential development. It will create 1000 jobs.

5. Messeeingang Sparda Bank Tower Mixed-Use Complex – $200m

The project involves the construction of a 124-high mixed-use tower with a gross floor area of 32,000m2 in Frankfurt, Germany.

Construction work started in Q1 2022 and is expected to be completed in Q4 2025.

The aim of the project is to build a mixed-use facilities with modern amenities and meet the growing requirements of various business sectors in the city.

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.

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