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 office building construction projects that were initiated in Q3 2024, according to GlobalData’s construction projects database.
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1. Schoenebeck Engineering and Offsite Manufacturing Facility
The project involves the construction of a new engineering and offsite manufacturing facilities in Schoenebeck, Saxony-Anhalt, Germany.
Construction work started in Q3 2024 and is expected to be completed in Q4 2026.
2. Frankfurt Am Main Rentenbank Office Building Expansion
The project involves the expansion of the Rentenbank office building with a total floor area of 14,500m2 on the Hochstrasse in Frankfurt Am Main, Hesse, Germany.
Construction work commenced in Q3 2024 and is expected to finish in Q4 2026.
The project aims to enhance the office facilities with modern amenities and increase the working space in order to meet the growing demands.
3. City Hall Passage Office Building Renovation
The project involves the renovation of a 10,000m2 office building on the City Hall Passage in central Oslo, Norway.
Construction work started in Q3 2024 and is forecast to complete in Q3 2026.
4. Annecy Headquarter Modernization
The project involves the modernization of its headquarter building on a 10,000m2 area in Annecy, Haute-Savoie Department, Auvergne-Rhône-Alpes Region, France.
Construction work commenced in Q3 2024 and is expected to be completed in Q1 2026.
5. Arctic Center of Energy Campus
The project involves the construction of 8,300m2 of a seven-story competence center in Skelleftea, Sweden.
Construction work started in Q3 2024 and is expected to be completed in Q2 2027.
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.
