The construction market in Europe is forecasted by GlobalData to decline by 2.8% in real terms in 2024, having grown by 1.1% in 2023. A key growth market will be the infrastructure market, with output rising by 0.9% in real terms. GlobalData tracks and profiles all major construction projects from announcement to completion. For further insight on this market, buy the latest profiles here.
Here are Europe’s five largest institutional building construction projects that were initiated in Q2 2024, according to GlobalData’s construction projects database.
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1. F-35 Complex: Kleine-Brogel
The project involves the construction of a new F-35 complex at Kleine-Brogel Air Base in Peer Municipality, Belgium.
Construction work started in Q2 2024 and is expected to be completed in Q4 2027.
2. F-35 complex: Florennes
The project involves the construction of a new F-35 complex on the airfield of Florennes in Wallonia, Belgium.
Construction work commenced in Q2 2024 and is expected to finish in Q4 2025.
3. RAF Molesworth European Infrastructure Consolidation Building
The project involves the construction of a 25,084m2 two-story building in Cambridgeshire, the UK.
Construction work started in Q2 2024 and is forecast to complete in Q3 2028.
4. Herne Main Fire and Rescue Station
The project involves the construction of a Main fire and rescue station on a 3.1ha of land at Florianweg 2 in Herne, North Rhine-Westphalia, Germany.
Construction work commenced in Q2 2024 and is expected to be completed in Q4 2026.
5. Vaxjo New Court Building
The project involves the construction of a 10,500m2 building across five stories in Backaslov, Vaxjo, Kronoberg, Sweden.
Construction work started in Q2 2024 and is expected to be completed in Q4 2026.
The project aims to offer state-of-the-art and safe premises that meet the highest requirements for sustainability and security, where the courts can conduct efficient operations for many years to come Buy the profile here.
For more details on the latest construction projects, buy the profiles here.
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GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
