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

Top five office building construction projects that commenced in Germany in Q1 2022

By Carmen

Here are the top five office building construction projects that commenced in Germany 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.

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. 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.

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

3. Elements Mixed-Use Development – $186m

The project involves the construction of the Elements mixed-use complex on a 7,141m2 area with a gross floor area of 20,000m2 in Berlin.

Construction work started in Q1 2022 and is forecast to complete in Q4 2023.

The project aims to meet the growing demand for office and residential facilities.

4. B-One Headquarters Buildings – $99m

The project involves the construction of the Berlin Hyp headquarters HQ (B-One) building on a 3,000m2 area, with a gross floor area of 15,000m2 in Berlin..

Construction work commenced in Q1 2022 and is expected to be completed in Q4 2023.

The project aims to create a modernized corporate culture with new technology and to build a green and democratic working environment.

5. Lokhoefe Mixed-Use Development – $85m

The project involves the construction of the Lokhoefe mixed-use quarter on a 10,821m2 area, with a gross floor area of 32,500m2 in Rosenheim, Bavaria.

Construction work started in Q1 2022 and is expected to be completed in Q4 2024.

The project aims to implement a very modern and exciting concept for a mixed-use ensemble with office, commercial, hotel, senior living and student apartments facilities and create an offer for the high demand for student accommodation in Rosenheim.

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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