Here are the top five office building construction projects that commenced in Germany in Q3 2021, according to GlobalData’s construction projects database.
1. Markisches Zentrum Redevelopment – $234m
The project involves the redevelopment of Märkische Zentrum complex in Berlin.
Construction work started in Q3 2021 and is expected to be completed in Q4 2023.
The property was built in the 1960s, and has been modernized and extended several times over the past decades.
2. Minden Headquarters Building – $177m
The project involves the construction of a headquarters building on a 16ha area in Wittelsbacherallee, Minden, North Rhine-Westphalia.
Construction work commenced in Q3 2021 and is expected to finish in Q4 2024.
The project aims to provide a headquarters building with modern amenities for the company.
3. Kolbenhoefe Mixed-Use Complex – $158m
The project involves the construction of the Kolbenhoefe mixed-use complex on a 3.61ha area with a total gross floor area of 60,700m2 in Hamburg.
Construction work started in Q3 2021 and is forecast to complete in Q4 2023.
The project aims to meet the growing requirements of residential, official, and commercial facilities in the region.
4. Mannesmann-Ufer Headquarters Building – $92m
The project involves the construction of a headquarters building on a 3,200m2 plot area at Mannesmann-Ufer in Dusseldorf, North Rhine-Westphalia.
Construction work commenced in Q3 2021 and is expected to be completed in Q4 2023.
The project aims to build a headquarters with modern amenities and enhance the office facilities for employees.
5. Am Hirschgarten Office Complex – $80m
The project involves the construction of an office complex with two buildings on a 3,761m2 area with total a gross floor area of 29,200m2 in Munich, Bavaria.
Construction work started in Q3 2021 and is expected to be completed in Q3 2023.
The aim of the project is to meet the growing demand for office facilities in Munich.
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.