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Thu June 24 2021

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Hochtief to build €200m Berlin scheme

4 May 16 Hochtief has been appointed as general contractor for the construction of Mercedes Platz in Berlin, Germany.

The Anschutz Entertainment Group (AEG) is client for the Mercedes Platz development, which is in front of the Mercedes-Benz Arena. The aim is for it to become the heart of the growing urban quarter adjacent to the East Side Gallery.

Ground-breaking will take place in early June for the project, which involves a total investment of about €200m (£158m). Completion is due in autumn 2018.

AEG’s vice president real estate and development Michael Kötter said: “We are delighted that in Hochtief we have acquired a reliable partner with great experience of major projects for the construction of Mercedes Platz. Our agreement ensures that the project will be completed on time and within budget.”

Thilo Warlich, Branch Manager of Hochtief Building Berlin: “We are honored by the trust Anschutz has placed in us to build Mercedes Platz. We have already prepared thoroughly for the project in an effective pre-construction phase, and implemented technical optimisations. We look forward to this exciting construction challenge and an excellent working relationship with Anschutz.”

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