With a project value of $1,831 million, the DW/PP – Krampnitz Housing Development – Potsdam project was the largest Low-Rise Apartment Blocks construction project in Germany on which construction started in Q1 2022. The DW/PP – Krampnitz Housing Development – Potsdam project is located in Germany and initially announced in Q1 2017 with an estimated completion in Q4 2038. The IB/HTP – Maxfrei-Quartier Mixed-Use Development – Duesseldorf project was the second-largest project with a project value of $250 million, on which construction work started in Q1 2022. The IB/HTP – Maxfrei-Quartier Mixed-Use Development – Duesseldorf project is located in Germany and initially announced in Q3 2018 with an estimated completion in Q3 2024.
The DP – Elements Mixed-Use Development – Berlin project was the third-largest project, the WBG – Nuremberg Branntwein Residential Development – Bavaria was the fourth-largest project, and the Terragon – Dortmund Kreuzviertel Senior Citizen Residential Complex – North Rhine-Westphalia was the fifth-largest project with a project value of $186 million, $150 million and $100 million respectively. The DP – Elements Mixed-Use Development – Berlin project located in Germany was announced in Q1 2018 with an estimated completion in Q4 2023, the WBG – Nuremberg Branntwein Residential Development – Bavaria project located in Germany was announced in Q1 2019 with an estimated completion in Q4 2025 and the Terragon – Dortmund Kreuzviertel Senior Citizen Residential Complex – North Rhine-Westphalia project located in Germany was announced in Q3 2020 with an estimated completion in Q3 2024.
Among the five largest projects, the DW/PP – Krampnitz Housing Development – Potsdam project is the longest in terms of completion date, with construction expected to be completed in Q4 2038. On the other hand, the DP – Elements Mixed-Use Development – Berlin project is the shortest in terms of completion date, with construction expected to be completed in Q4 2023.
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