With a project value of $277 million, the Prilly Mun/ Renens Mun/ SBB AG – Malley-Central Mixed-Use Development – Vaud project was the largest Office Buildings project in the Europe, on which construction started in Q4 2022. The Prilly Mun/ Renens Mun/ SBB AG – Malley-Central Mixed-Use Development – Vaud project is located in Switzerland and initially announced in Q1 2015 with an estimated completion in Q4 2024. The MG Fashion – Skopje Grand Mixed-Use Community – Karpos project was the second-largest project with a project value of $250 million, on which construction work started in Q4 2022. The MG Fashion – Skopje Grand Mixed-Use Community – Karpos project is located in Macedonia and initially announced in Q1 2020 with an estimated completion in Q2 2025.
The CCP/ VRE – East Side Cubes Office Building – Berlin project was the third-largest project, the Nokia – Linnanmaa Office Complex – Northern Ostrobothnia was the fourth-largest project, and the Northwood Investors – The Acre Office Building – Greater London was the fifth-largest project with a project value of $235 million, $202 million and $201 million respectively. The CCP/ VRE – East Side Cubes Office Building – Berlin project located in Germany was announced in Q4 2019 with an estimated completion in Q4 2023, the Nokia – Linnanmaa Office Complex – Northern Ostrobothnia project located in Finland was announced in Q1 2021 with an estimated completion in Q4 2025 and the Northwood Investors – The Acre Office Building – Greater London project located in United Kingdom was announced in Q4 2020 with an estimated completion in Q4 2023.
Among the five largest projects, the Nokia – Linnanmaa Office Complex – Northern Ostrobothnia project is the longest in terms of completion date, with construction expected to be completed in Q4 2025. On the other hand, the CCP/ VRE – East Side Cubes Office Building – Berlin project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.
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