Real Estate Development
PATRIZIA Real Estate Development (RED) has built a strong reputation for its unique local expertise and professionalism in executing complex real estate projects across Europe, delivering value for clients and supporting development in communities. The RED team at PATRIZIA has completed over 850,000 sqm of new and refurbished development projects to date. With €2 billion of completed developments and a further €2 billion of developments in preparation, our projects span the length and breadth of Europe. From refurbishments to new builds, the property developments we work on encompass a broad variety of building types and usages.
Current developments
Tagus
Trendy & hip: The place to be
Tagus
Lisbon, Portugal
Acquisition and pre-letting of an office-to-hotel conversion and refurbishment, in a fast-improving location
2023
6,000 sqm - Hotel
Sapphire
A rare opportunity: Two new downtown CBD high-rise towers
Sapphire
The Hague, Netherlands
Pre-development phase of a major new city centre residential and mixed-use high rise project
2024
73,000 sqm - Residential
MK7 Werksviertel
Urban regeneration at its best
MK7 Werksviertel
Munich, Germany
Acquisition of prime development site in highly competitive market, and preparation of Grade ‘A’ new office development
2023
15,000 sqm - Office space
Baakenhafen
Waterfront homes for the benefit of all
Baakenhafen
Hamburg, Germany
Acquisition of a prime development site in the Hafencity, and preparation of a new, high-quality residential waterfront development
2023
27,000 sqm - Residential
Edgbaston
Prime location overlooking the famous international cricket ground
Edgbaston
Birmingham, UK
Preparation of a major new residential development with 375 units – planning received
2023
21,000 sqm - Residential
Gateshead Quays
An iconic development on the River Tyne
Gateshead Quays
Newcastle, UK
Preparation of a major riverside ‘place-making’ development to include a new arena, conference centre, hotel and leisure facilities for the city
2023
80,000 sqm - Leisure
A selection of completed developments
Baumkirchen
High-quality urban living with green space at its heart
Baumkirchen
Munich, Germany
Joint venture development project of 525 rented and freehold apartments including a nature park, located on a former railway property
2019
37,000 sqm - Residential
First Street
A pivotal role in the creation of a new urban quarter
First Street
Manchester, UK
Site sold to GMPVF, who funded development. PATRIZIA acted as Development Manager. Building completed, now letting
2019
16,000 sqm - Office space
Airpark
Timing is everything: Logistics successfully delivered into booming Berlin
Airpark
Berlin, Germany
Phased development of a new logistics park with partner Verdion next to the new BER airport
2020
85,000 sqm - Logistics
Sono West
Grade ‘A’ offices for a Grade ‘A’ tenant
Sono West
Frankfurt, Germany
Office building developed in partnership with OFB and fully let to a leading real estate advisor as its Frankfurt headquarters
2019
8,000 sqm - Office space
Ostkreuz Center
Successfully refurbished, extended and repositioned while tenants continued to trade
Ostkreuz Center
Hamburg, Germany
Complete refurbishment, extension and rebranding of a dominant food-anchored retail park
2017
44,000 sqm - Retail
First Street
‘Place-making’ as part of an integrated mixed use development
First Street
Manchester, UK
Planning achieved for a 624 unit build-to-rent scheme: site sold to Downing
2019
60,000 sqm - Residential
Test Lane
Deep understanding of local market potential
Test Lane
Southampton, UK
Successful development of new logistics units with partner Peel in a strategic location
2018
21,000 sqm - Logistics
Warschauer Straße
New HQ building: Brick & Beam meets glass and steel
Warschauer Straße
Berlin, Germany
Loft property conversion and sympathetic new build fully let to a leading international corporation for its new German headquarters
2019
8,000 sqm - Office space
Johannes Haug
Head of Real Estate Development Europe | Permanent guest of the Executive Committee