German developer-investor ECE has announced plans to invest €115 mln to develop a new office complex for the Société Générale Group in the Hamburg district of Barmbek.
The up to six-storey building will provide a total of 25,000 m2 of space to accommodate 1,500 workplaces in total.
Construction is due to start in October 2019 with the property slated for completion in the first quarter of 2022.
The project will allow Société Générale to bring together three subsidiaries currently spread across the city as well as other central departments of Société Générale Germany.
Besides two major tenants, BDK and Hanseatic Bank, Société Générale Insurance, the central procurement department, and the audit department will also move into the building.
