According to GlobalData, the value of Germany construction market is forecast to decline by 3.5% in real terms in 2023, having decreased by 3.2% in 2022. A key growth market will be the infrastructure market, with output dropping by 2.3% 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 the top five office building construction projects that commenced in Germany in Q2 2023, according to GlobalData’s construction projects database.

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1. Markisches Zentrum Redevelopment

The project involves the redevelopment of Märkische Zentrum complex in Berlin.

Construction work started in Q2 2023 and is expected to be completed in Q4 2024.

The property was built in the 1960s, and was modernized and extended several times over the past decades. Buy the profile here.

2. Schöneberger Eck High-Rise Building Development

The project includes the construction of the Schöneberger Eck high-rise, mixed-use building complex on a 11,000m2 gross floor area in Berlin.

Construction work commenced in Q2 2023 and is expected to finish in Q1 2025.

The project aims to build a mix of living, office, and small-scale trade facilities with ideal starting conditions for sustainable and modern neighborhood development. Buy the profile here.

3. Augsburg Offices – The Lofts

The project involves the construction of a office complex on a 7,300m2 at Pilsener Straße & Bergiusstraße in Göggingen, Augsburg, Bavaria.

Construction work started in Q2 2023 and is forecast to complete in Q4 2024.

The project aims to build a office complex with latest standards in order to meet the growing demand. It intends to provide classic individual and team offices to open spaces and modern combination solutions. Buy the profile here.

4. Weiherhof Nord Mixed-Use Development

The project involves the construction of a mixed-use facilities in the Weiherhof Nord area at the Businesspark Konstanz site in Konstanz in Baden-Württemberg.

Construction work commenced in Q2 2023 and is expected to be completed in Q2 2025.

The purpose of the project is to develop a mixed-use facilities and to provide commercial and residential spaces to the city’s business and healthcare sectors respectively. Buy the profile here.

5. The One Office Building Development

The project involves the construction of the “The One office Building Complex” in Nuremberg, Bavaria.

Construction work started in Q2 2023 and is expected to be completed in Q2 2025.

The project aims to build a modern and future-proof office facilities in Nuremberg. 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.