New Construction and Conversions

Completion of New Construction

Completion of New Construction

2024 by Country

Key Figures

Unit

2022

2023

2024

Germany

Austria

Sweden

General Project Data

Rented units

number

3,776

2,460

3,747

3,735

0

12

Rentable area

266,504

166,284

277,588

276,885

0

703

of which residential area

%

96.4

94.6

90.1

90.1

0.0

100.0

of which commercial area

%

2.8

3.4

9.9

9.9

0.0

0.0

of which social institutions 1)

%

0.9

1.9

0.0

0.0

0.0

0.0

Site area

166,379

117,812

252,359

252,359

0

0

of which green spaces

%

21.6

36.8

13.2

13.2

0.0

0.0

Expenses: new construction

in € million

607.1

291.2

224.5

208.0

16.3

0.3

Energy and Heat Supply

Rentable area not including vertical expansion

240,998

154,646

271,503

271,503

0

0

of which district heating 2)

%

59.6

71.5

91.4

91.4

0.0

0.0

of which renewable energy sources/‌hybrid systems 3)

%

14.6

21.1

8.6

8.6

0.0

0.0

of which fossil energy sources 4)

%

25.7

7.4

0.0

0.0

0.0

0.0

of which primary energy requirement of ≤30 kWh/m²a

%

41.8

61.4

93.9

93.9

0.0

0.0

of which primary energy requirement of >30 and ≤50 kWh/m²a

%

38.6

31.4

5.0

5.0

0.0

0.0

of which primary energy requirement of >50 and ≤75 kWh/m²a

%

12.2

5.8

0.0

0.0

0.0

0.0

of which primary energy requirement of >75 kWh/m²a 5)

%

7.4

1.4

1.2

1.2

0.0

0.0

Average primary energy requirement 6)

kWh/m²a

37.7

25.3

22.0

22.0

0.0

0.0

Share with building certification 7)

%

38.3

16.0

29.7

29.7

0.0

0.0

Installed output of photovoltaic systems

kWp

825

360.6

190

190

0

0

Mobility 8)

Proportion of projects featuring charging stations 9)

%

38.6

30.0

32.4

32.4

0.0

0.0

Proportion of projects featuring empty cable conduits for charging stations

%

63.6

28.3

41.2

41.2

0.0

0.0

Number of bicycle parking spaces per rented unit

Avg.

2.1

1.5

0.8

0.8

0.0

0.0

Number of vehicle parking spaces per rented unit

Avg.

0.8

0.7

0.7

0.7

0.0

0.0

Minutes to reach the nearest public transport connection on foot

Avg.

4.2

3.5

2.9

2.9

0.0

0.0

  1. 1)Category includes kindergartens, schools, homes and similar facilities.
  2. 2)Separate presentation, as both renewable and fossil energy sources can be used in district heating supply.
  3. 3)At least proportionate supply from renewable energy sources: biogas, biomass, wood pellets and heat pumps.
  4. 4)Fossil energy sources: natural gas.
  5. 5)New construction projects in Germany relate exclusively to commercial and social facilities.
  6. 6)Based on completed living space without extensions and without purely commercial buildings (analogous to Sustainability Performance Index).
  7. 7)DGNB Silver to Platinum for Germany, ÖGNI Bronze to Platinum or KlimaAktiv-Pakt Bronze to Gold in Austria.
  8. 8)Calculated exclusively on the basis of completed projects without taking into account vertical expansion.
  9. 9)Charging stations can be publicly accessible or assigned to a private parking space.

Refurbishment

2024 by Country

Key Figures

Unit

2022

2023

2024

Germany

Austria

Sweden

Refurbishment

Modernized buildings

number

818

818

672

643

24

5

2)

Modernized rented units

number

7,088

7,759

6,886

6,426

171

289

2)

avoided emissions due to modernization 1)

t CO₂e

6,868

4,586

5,545

5,399

105

41

2)

Modernized rentable area

million m²

0.43

0.48

0.42

0.38

0.01

0.02

2)

Rented units with upgraded heating systems

number

3,376

934

540

113

287

140

2)

avoided emissions due to upgraded heating systems 1)

t CO₂e

1,943

697

624

144

443

37

2)

Refurbishment rate

%

1.7

1.4

1.3

1.3

0.8

0.7

2)

Investment in the portfolio 2)

in € million

1,693.6

1,235.8

1,376.5

1,191.0

59.6

126.0

Investment intensity

€/m²/a

49.1

34.7

40.4

40.1

38.6

44.6

of which expenses for maintenance

in € million

856.2

722.5

764.8

635.5

54.9

74.4

Maintenance intensity

€/m²/a

24.8

21.0

22.5

21.4

35.6

26.3

of which expenses for modernization

in € million

837.4

513.3

611.8

555.5

4.7

51.6

Modernization intensity

€/m²/a

24.3

13.7

18.0

18.7

3.1

18.2

  1. 1)2022 excl. Austria and Sweden.
  2. 2)As in the previous years, refurbishments and modernizations with a total investment sum of more than € 500 per square meter of rental space per business unit were taken into account for the Sweden region.