Siemens plans €600m Berlin scheme

Siemens plans €600m Berlin scheme

Published at: 2018-11-02 10:09 | Author: CIJEurope.com
Siemens is planning to invest upwards of €600m in the Berlin neighborhood of Spandau in a project called Science Campus Siemensstadt. Located on 70 ha of land, the project is envisioned as a location that brings together science, research, universities and start-ups that will allow the company to be more competitive in coming up with new digital products in the coming era of Industry 4.0. The company is hoping to leverage the city's growing IT sector as well as the apparently sympathetic ear of mayor Michal Muller in planning and carrying out the scheme. Along with commercial space, an additional 200,000 sqm of new residential space is to be created, much of it to be offered at affordable rents. The company seems to have taken on board demonstrations by its own employees a year ago in this part of Berlin in which they demanded progress that didn't require job cuts.

Similar Stories:

Tirrena Scavi to build Timisoara ring road
Italian contractor Tirrena Scavi was tapped by Romania’s public road company CNAIR to de  »
Zetagradnja to deliver Central Point in Podgorica next year
Zetagradnja, one of the biggest construction companies in Montenegro, is scheduled to deli  »
C&W: Czechs dominated commercial RE investment in 2018
The volume of commercial real estate investment in the Czech Republic reached more than  »
Kapije Vracara project in Belgrade in final construction phase
AGNS Invest, part of the Aleksandar Group, is finalizing construction on Kapije Vracara, a  »
And it’s not just shift workers to man the machines and assembly lines and to stack good   »
Czech Republic  ♦  It‘s Prague 4 vs. The World
Prague 4 appears to have done away with formalities and diplomatic language and made it cl   »
This reflected economic and political reality, as the country is being pulled in differing   »
In Brno, Messe Düsseldorf, the German majority shareholder in Veletrhy Brno, has even hal   »