German developers lead €700m colleges PPP

Strabag Real Estate and Otto Wulff Bauunternehmung have formed a joint venture to plan, construct, renovate and operate 15 vocational colleges in Hamburg. The project will run over a 30-year timeframe and includes a five-year construction and renovation phase.

The Free and Hanseatic City of Hamburg has commissioned HEOS Berufsschulen with the planning, construction, renovation and operation of 15 vocational colleges. HEOS Berufsschulen is a project company formed by Strabag Real Estate, a unit of European construction firm Strabag Group, and Otto Wulff Bauunternehmung, a Hamburg-based developer.

The €700 million project will be implemented as a public-private partnership (PPP) over a period of 30 years, including a five-year construction and renovation phase. The construction phase alone accounts for around 55 percent of the project’s volume.

A statement from Strabag said that FMHH Facility Manager Hamburg, a joint venture of Otto Wulff and the Schultz Group, will be responsible for infrastructure facility management, while Strabag Property and Facility Services will oversee technical building management and relocation management.

All construction services are the resposibility of a joint venture between Ed. Zueblin, the German building and engineering company, and Otto Wulff. Strabag describes the dimensions of the project as “enormous” with the 15 colleges in eight locations and the need for a mixture of demolition, new construction and modification. As well as the need to maintain the running of colleges during the construction phase, Strabag highlights the renovation of some listed buildings as a “special challenge”.

Renovation work is set to begin in November this year. After completion of all construction measures, the buildings will have 80,000 square metres of modernised and 90,000 square metres of newly constructed floor space between them.