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For the second time, we have analysed the renovation activities in the office segment in the German A-cities. The latest edition of the apoprojekt Inventory Compass shows that the importance of existing properties continues to increase – and with it the volume of renovations.
By 2027, 2.8 million m² of office space is to be refurbished – 300,000 m² more than in our last analysis. Half of the recorded renovation volume has already been implemented, while 1.4 million m² are still in the pipeline until 2027.
Around 30% of the projects are currently under construction, including major projects such as The Verse in Munich or the Deutsche Bundesbank headquarters in Frankfurt.
The trend is clear: with the growing focus on sustainability and the continuing stagnation of new construction activity, the renovation of existing buildings is becoming increasingly important.
The complete information and summaries as well as press releases can be found on the apoprojekt website.
If you missed the webinar, you can find the recording here .
