Financing case Brandenburg Parliament PPP: Historical façade with modern interior design
As part of a public-private partnership (PPP), KfW IPEX-Bank financed the construction of the state parliament building in Potsdam along with three other banks.
In January 2014, the Brandenburg Parliament moved into the new parliament building in the centre of Potsdam. The building previously housed the City Palace, which was severely damaged during World War II and demolished during the GDR period. Dresden-based architect Peter Kulka used the former City Palace as his inspiration when planning the parliament building, combining the historical façade with modern interior design. The building, which was completed within two years, boasts 15,000 square metres of floor space and can house 371 offices in addition to the plenary hall.
The project is a public-private partnership (PPP) with the Royal BAM Group. BAM PPP Landtag Potsdam Projektgesellschaft mbH, which was created for the purpose of planning, erecting and financing the building, is the central contractual partner of the State of Brandenburg. Subcontracts were signed among others with BAM Deutschland AG (construction) and Müller-Altvatter Gebäudemanagement GmbH (operation). The project company will lease the building to the Brandenburg Ministry of Finance for the next 30 years, after which it will be handed over to the State of Brandenburg.
Financing case Brandenburg Parliament at a glance:
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