According to GlobalData, the value of Germany construction market is forecast 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 top five commercial and leisure construction projects that commenced in Germany in Q3 2024, according to GlobalData’s construction projects database.
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1. Tholey Logistics Center
The project involves the construction of a spare parts logistics center in the Am Schaumberg industrial and commercial park in Theley, Saarland.
Construction work started in Q3 2024 and is expected to be completed in Q2 2027.
2. Panattoni Logistics Park Herleshausen
The project involves the construction of the Panattoni Logistics Park Park Herleshausen in Herleshausen, Hesse.
Construction work commenced in Q3 2024 and is expected to finish in Q3 2025.
The project aims to provide modern logistics facilities to the companies in e-commerce and food delivery.
3. Am Weissen Weg Central Warehouse Complex
The project involves the construction of a central warehouse in Alsfeld, Hesse.
Construction work started in Q3 2024 and is forecast to complete in Q3 2025.
The project aims to create an economically and logistically optimal central warehouse location, that will robust, flexible and modern for the future usages and will be further strengthened or expanded.
4. Levantehaus Conrad Hotel Renovation
The project involves the renovation of the hotel complex in the Levantehaus, Hamburg.
Construction work commenced in Q3 2024 and is expected to be completed in Q3 2025.
The project aims to meet the growing demand in the hotel and leisure facilities. Buy the profile here.
5. Schoenebeck Engineering and Offsite Manufacturing Facility
The project involves the construction of a new engineering and offsite manufacturing facilities in Schoenebeck, Saxony-Anhalt.
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.
