New Construction and Conversions
Completion of New Buildings
Completion of New Buildings
2025 by Country | |||||||||||||||||
Key Figures | Unit | 2023 | 2024 | 2025 | Germany | Austria | Sweden | ||||||||||
General Project Data | |||||||||||||||||
Rented units | number | 2,460 | 3,747 | 2,090 | 2,067 | 0 | 23 | ||||||||||
Rentable area | m² | 166,284 | 277,588 | 157,239 | 155,883 | 0 | 1,356 | ||||||||||
of which residential area | % | 94.6 | 90.1 | 89.2 | 89.1 | 0.0 | 100.0 | ||||||||||
of which commercial area | % | 3.4 | 9.9 | 10.2 | 10.3 | 0.0 | 0.0 | ||||||||||
of which social institutions 1) | % | 1.9 | 0.0 | 0.6 | 0.7 | 0.0 | 0.0 | ||||||||||
Site area | m² | 117,812 | 252,359 | 96,165 | 96,165 | 0 | 0 | ||||||||||
of which green spaces | % | 36.8 | 13.2 | 42.8 | 42.8 | 0.0 | 0.0 | ||||||||||
Expenses: new construction | in € million | 291.2 | 224.5 | 354.0 | 192.3 | 161.3 | 0.4 | ||||||||||
Energy and Heat Supply | |||||||||||||||||
Rentable area not including vertical expansion | m² | 154,646 | 271,503 | 150,846 | 150,846 | 0 | 0 | ||||||||||
of which district heating 2) | % | 71.5 | 91.4 | 81.9 | 81.9 | 0.0 | 0.0 | ||||||||||
of which renewable energy | % | 21.1 | 8.6 | 18.1 | 18.1 | 0.0 | 0.0 | ||||||||||
of which fossil energy sources 4) | % | 7.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||||||
of which primary energy requirement of ≤30 kWh/m²a | % | 61.8 | 93.9 | 76.5 | 76.5 | 0.0 | 0.0 | ||||||||||
of which primary energy requirement of >30 and ≤50 kWh/m²a | % | 31.4 | 5.0 | 22.2 | 22.2 | 0.0 | 0.0 | ||||||||||
of which primary energy requirement of >50 and ≤75 kWh/m²a | % | 5.8 | 0.0 | 0.7 | 0.7 | 0.0 | 0.0 | ||||||||||
of which primary energy requirement of >75 kWh/m²a 5) | % | 1.4 | 1.2 | 0.5 | 0.5 | 0.0 | 0.0 | ||||||||||
Average primary energy requirement 6) | kWh/m²a | 25.3 | 22.0 | 21.9 | 21.9 | 0.0 | 0.0 | ||||||||||
Share with building certification 7) | % | 16.0 | 29.7 | 39.3 | 39.3 | 0.0 | 0.0 | ||||||||||
Installed output of photovoltaic systems | kWp | 360.6 | 190.1 | 271.8 | 271.8 | 0.0 | 0.0 | ||||||||||
Mobility 8) | |||||||||||||||||
Proportion of projects featuring charging stations 9) | % | 30.0 | 32.4 | 54.8 | 54.8 | 0.0 | 0.0 | ||||||||||
Proportion of projects featuring empty | % | 28.3 | 41.2 | 51.6 | 51.6 | 0.0 | 0.0 | ||||||||||
Number of bicycle parking spaces | Avg. | 1.5 | 0.8 | 2.0 | 2.0 | 0.0 | 0.0 | ||||||||||
Number of vehicle parking spaces | Avg. | 0.7 | 0.7 | 0.6 | 0.6 | 0.0 | 0.0 | ||||||||||
Minutes to reach the nearest | Avg. | 3.5 | 2.9 | 3.2 | 3.2 | 0.0 | 0.0 | ||||||||||
- 1)Category includes kindergartens, schools, homes and similar facilities.
- 2)Separate presentation, as both renewable and fossil energy sources can be used in district heating supply.
- 3)At least proportionate supply from renewable energy sources: biogas, biomass, wood pellets and heat pumps.
- 4)Fossil energy sources: natural gas.
- 5)New construction projects in Germany relate exclusively to commercial and social facilities.
- 6)Based on completed rental space without extensions and without purely commercial buildings (analogous to Sustainability Performance Index).
- 7)DGNB Silver to Platinum for Germany, ÖGNI Bronze to Platinum or KlimaAktiv-Pakt Bronze to Gold in Austria.
- 8)Calculated exclusively on the basis of completed projects without taking into account vertical expansion.
- 9)Charging stations can be publicly accessible or assigned to a private parking space.
Refurbishment
2025 by Country | ||||||||||||||||||
Key Figures | Unit | 2023 | 20241) | 2025 | Germany | Austria | Sweden | |||||||||||
Refurbishment | ||||||||||||||||||
Modernized buildings | number | 818 | 655 | 970 | 910 | 19 | 41 | 2) | ||||||||||
Modernized rented units | number | 7,759 | 6,800 | 8,121 | 7,138 | 189 | 794 | 2) | ||||||||||
avoided emissions due to modernization 3) | t CO2e | 4,586 | 5,332 | 6,425 | 6,284 | 99 | 42 | 2) | ||||||||||
Modernized rentable area | million m² | 0.48 | 0.41 | 0.52 | 0.45 | 0.01 | 0.06 | 2) | ||||||||||
Rented units with upgraded heating systems | number | 934 | 2,217 | 2,777 | 2,409 | 368 | 0 | 2) | ||||||||||
avoided emissions due to upgraded heating systems projects 3) | t CO2e | 697 | 2,154 | 2,074 | 1,608 | 466 | 0 | 2) | ||||||||||
Refurbishment rate | % | 1.4 | 1.2 | 1.5 | 1.5 | 0.9 | 1.9 | 2) | ||||||||||
Investment in the portfolio | in € million | 1,235.8 | 1,376.5 | 1,618.7 | 1,413.6 | 60.9 | 144.2 | |||||||||||
Investment intensity | €/m²/a | 36.0 | 40.4 | 48.3 | 48.5 | 40.8 | 51.0 | |||||||||||
of which expenses for maintenance | in € million | 722.5 | 764.8 | 811.2 | 674.8 | 57.1 | 79.3 | |||||||||||
Maintenance intensity | €/m²/a | 21.0 | 22.5 | 24.2 | 23.1 | 38.3 | 28.0 | |||||||||||
of which expenses for modernization | in € million | 513.3 | 611.8 | 807.5 | 738.8 | 3.8 | 64.9 | |||||||||||
Modernization intensity | €/m²/a | 14.9 | 18.0 | 24.1 | 25.3 | 2.5 | 23.0 | |||||||||||
- 1)Correction of data on modernization and heating system replacement projects for 2024, resulting in a minor adjustment to the renovation rate for 2024. Data on investment in existing buildings and the resulting intensities are not affected by the correction.
- 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.
- 3)Regardless of when during the year the measure is completed, the reported avoided emissions refer to a one-year period. Emissions resulting from the implementation of the measures are not taken into account.