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 Q2 2024, according to GlobalData’s construction projects database.
1. Ingelheimer Aue FRA1 Data Center Complex
The project involves the construction of the FRA1 Data center Campus in Mainz, Rheinland-Pfalz.
Construction work started in Q2 2024 and is expected to be completed in Q4 2027.
The project will support the Tier III operation standards. Buy the profile here.
2. Dietzenbach Data Center Campus
The project involves the construction of a data center on a 3.6ha area in Dietzenbach, Hesse.
Construction work commenced in Q2 2024 and is expected to finish in Q4 2026.
The project aims to develop a modern, digital infrastructure, the interaction of the most modern data center infrastructure and the high standards of sustainability. Buy the profile here.
3. Lower Bavaria High-Voltage Battery Assembly Plant
The project involves the construction of an assembly plant of high-voltage batteries in Straßkirchen and Irlbach, Straubing-Bogen District, Lower Bavaria.
Construction work started in Q2 2024 and is forecast to complete in Q4 2026.
The project aims to strengthen the company’s electromobility expansion program and make it future-proof, achieve the goals of the Paris Climate Agreement and accelerating the conversion of the automotive industry to e-mobility, and offer wide-ranging prospects, particularly to young career starters.
4. Greenpark Residential Quarter
The project involves the construction of the Greenpark Residential Quarter on the former Blub water park site at Buschkrugallee 64, Berlin-Neukölln.
Construction work commenced in Q2 2024 and is expected to be completed in Q4 2026.
5. Life Science Advanced Research Center (LS ARC)
The project involves the construction of the Life Science Advanced Research Center (LS ARC) at the Merck’s global headquarters in Darmstadt, Hesse.
Construction work started in Q2 2024 and is expected to be completed in Q1 2027.
For more details on the latest construction projects, buy the profiles here.
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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.
GlobalData’s Construction Projects database tracks over 220,000 new construction projects valued at >$25m from announcement to completion across all countries and sectors.
