HOCHTIEF lands $273m deal for MRI research centre in Kiel

Group 1 - HOCHTIEF has secured a €230m ($273m) contract from the Federal Agency for Real Estate (BImA) to construct the Max Rubner Institute (MRI) research centre in Kiel, Germany, with completion scheduled for autumn 2028 [1] - The MRI centre will provide approximately 6,250m² of usable floor space and will facilitate collaboration among scientists from various disciplines [2] - The building will adhere to strict safety protocols and will be equipped with a security system in line with Federal Criminal Police Office (BKA) guidelines [3] Group 2 - HOCHTIEF is involved in multiple research-related construction projects, including those at the University of California in Berkeley and University of Cleveland in Ohio, indicating a strong position in the healthcare/biopharma growth market [4] - The project will meet the federal BNB silver standard for sustainable construction and EGB 40 energy efficiency criteria, utilizing near-surface geothermal sources for heating [3][4] - HOCHTIEF's ability to integrate design, construction, and operation is expected to optimize the project's life cycle for the client's benefit [5]