The value of Germany construction market is forecasted by GlobalData to decline by 3.5% in real terms in 2024, having decreased by 3.2% in 2023. 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 five largest construction projects initiated in Germany during Q3 2024, according to GlobalData’s construction projects database.
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1. Stade LNG Import Terminal Development
The project involves the construction of a LNG terminal at the Stade Industrial Park situated on the banks of Elbe River, Lower Saxony.
Construction work started in Q3 2024 and is expected to be completed in Q4 2027.
2. Guben Battery-Grade Lithium Hydroxide Production Plant
The project involves the construction of a production facilities on a 12.5ha area in Guben, Brandenburg.
Construction work commenced in Q3 2024 and is expected to finish in Q1 2026.
The project aims to produce battery-grade lithium hydroxide, a key component of electric car batteries. Buy the profile here.
3. Staytion Residential Quarter
The project involves the construction of the Staytion Residential Quarter on the Pankow Forum site between Damerowstrasse 8, 11 and Hadlichstrasse 18, 19 near the Pankow-Heinersdorf S-Bahn station, Berlin- Pankow.
Construction work started in Q3 2024 and is forecast to complete in Q4 2030.
4. Refhyne II Renewable Hydrogen Electrolyser 100MW
The project involves the construction of an electrolyzer hydrogen production plant in Rheinland-Pfalz.
Construction work commenced in Q3 2024 and is expected to be completed in Q4 2027.
5. Konrad Wolf Strasse Housing Complex
The project involves the construction of a housing complex on a 2ha area on Konrad-Wolf-Straße in the Alt-Hohenschönhausen District, Berlin-Lichtenberg.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
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.
