With a project value of $235 million, the CCP/ VRE – East Side Cubes Office Building – Berlin project was the largest Office Buildings construction project in Germany on which construction started in Q4 2022. The CCP/ VRE – East Side Cubes Office Building – Berlin project is located in Germany and initially announced in Q4 2019 with an estimated completion in Q4 2023. The Bauwo Grundstucks/ Kanada Bau – Elsdorf Bauka Logistics Park Development – Lower Saxony project was the second-largest project with a project value of $130 million, on which construction work started in Q4 2022. The Bauwo Grundstucks/ Kanada Bau – Elsdorf Bauka Logistics Park Development – Lower Saxony project is located in Germany and initially announced in Q1 2022 with an estimated completion in Q1 2024.
The Quarterback Prop – Krystallpalast Mixed-Use Development – Saxony project was the third-largest project, the LEVG – Leipzig Messehalle 12 Office and Laboratory Complex – Saxony was the fourth-largest project, and the BOB – Hannover Fischerhof Office Complex Redevelopment – Lower Saxony was the fifth-largest project with a project value of $99 million, $90 million and $82 million respectively. The Quarterback Prop – Krystallpalast Mixed-Use Development – Saxony project located in Germany was announced in Q1 2015 with an estimated completion in Q4 2025, the LEVG – Leipzig Messehalle 12 Office and Laboratory Complex – Saxony project located in Germany was announced in Q1 2018 with an estimated completion in Q4 2024 and the BOB – Hannover Fischerhof Office Complex Redevelopment – Lower Saxony project located in Germany was announced in Q1 2020 with an estimated completion in Q2 2025.
Among the five largest projects, the Quarterback Prop – Krystallpalast Mixed-Use Development – Saxony 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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