PROBIS° 2.0

Germany and Austria

Hotel

Project

Hotels, apartments, and condos, all in a company-wide pipeline.

A cost structure accompanied every project from the initial cost estimate through contract award and change orders to cost control and reporting—to ensure an operational standard that was consistently calculated across many locations.

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Overview

Invoices

Exam

Approval

Costs

Report

Budget

€104.5M

Commissioned

€101.3M

Billed

€66.9M

Forecast Variance

+1.2%

Hotel, serviced apartment, and residential pipeline

Pipeline for Hotels, Serviced Apartments, and Residential Properties

Incoming Invoices

New

RE-2026-0418

Rohbau Nord GmbH · PDF

Contract

300.01 Structural Work

Gross Amount

184,200.00 €

Service Period

09/2026

✓ Data detected

→ Assigned to a contract

Cash Flow Statement

Plan · Actual · Outflow

M12

M18

M24

Costs

2 out of 4 within budget

PackageBudgetProgramStatus

Structural Work & Core€38.2M€38.0MWithin budget

Facade€14.6M€15.3MAudit

TGA€27.9M€28.4MAudit

Expansion€16.4M€16.4MWithin budget

Projected cost upon completion: €105.8 million. Illustrative screenshot with fictitious demo data.

Cost per square meter

€3,480

Benchmark

€3,410

Cost Items

312

Comparative Projects

Pipeline for Hotels, Serviced Apartments, and Residential Properties

Estimate vs. Median

Structural Work

Facade

TGA

Expansion

Estimate

Median

Cost per square meter vs. comparable projects

18 projects

Low

Median

High

Cost Groups

3 out of 4 within the framework

Cost GroupEstimateMedianStatus

Structural Work & Core€38.2M€37.6MAs part of

Facade€14.6M€13.4MAbove

TGA€27.9M€27.1MAs part of

Expansion€16.4M€16.9MAs part of

Estimated value: €104.5 million, benchmarked against 18 comparable projects. Illustrative screenshot with fictitious demo data.

Projects

Total Budget

€412M

Early Warnings

Funding Coverage

96%

Pipeline for Hotels, Serviced Apartments, and Residential Properties

Early Warning

New

EW-2026-007

Riverside Campus · TGA Package

Forecast Variance

+7.1%

Responsible

Project Management

Decision Due

November 2026

✓ Automatically selected

→ Assigned to the person in charge

Budget per Project

Budget · Forecast

Northwind

Harbor

Elm St

Riverside

Portfolio

2 Early Warnings

ProjectBudgetVarianceStatus

Northwind Yards€104.5M+1.2%Within budget

Harbor Point€138M+3.8%Audit

Elm Street Lofts€61M−0.4%Within Budget

Riverside Campus€108M+7.1%Early Warning

Two early warnings triggered, each with a designated person in charge and a decision deadline. Illustrative screenshot with fictitious demo data.

Bids Received

Budget line item

€14.6M

Lowest vs. Budget

−3.4%

Change Orders

Pipeline for Hotels, Serviced Apartments, and Residential Properties

Change Orders

2 new

CO-2026-016

Facade Package · Meridian Facades

Reason

Change to the Glazing Specifications

Amount

+124,000.00 €

Recorded so far

6 · 420,000 €

✓ Within the budget line item

→ Awaiting approval

Bids vs. Budget Line Item

€14.6M Budget

Commandment 1

Commandment 3

Commandment 5

Award of the Facade Contract Package

Awarded for €14.3M

BidderBidvs. BudgetStatus

Alder Facades€14.1M−3.4%Non-compliant

Meridian Facades€14.3M−2.1%Awarded

Kestrel Envelope€14.8M+1.4%Shortlist

Norland Glass€15.9M+8.9%Rejected

Contracts awarded for €14.3 million against a budget allocation of €14.6 million. Illustrative screenshot with fictitious sample data.

GBI (Livory)

For GBI AG (now Livory), a former project

Customer

Calculate

Contract

Control

Manage

The Project

The Project in Numbers.

A company-wide pipeline of hotels, serviced apartments, and residential projects in Germany and Austria, managed under a single cost structure.

Location

Germany and Austria

Time period

Asset Class

Hotel

Scope

A cost structure ranging from development cost estimates through contract award and change orders to cost control and reporting.

Customer

GBI (Livory)

2 countries: Germany and Austria

On the platform

The modules behind this project.

The PROBIS modules used in this project, displayed on illustrative screens with sample data.

Calculate

Cost calculation based on quantity surveying, starting from the earliest planning stage.

Contract

Contracts and commitments are tracked starting from the pre-construction phase, not from the first invoice.

Control

Forecast and actual figures are reconciled continuously, line item by line item.

Manage

Ongoing asset and facility management once the project is operational.

Rent & Sell

Leasing, sales, and disposals are tracked using the same cost structure.

app.prob.is/projects/

gbi-hotel-and-residential-pipeline

Overview

Invoices

Exam

Approval

Costs

Report

Budget

€104.5M

Commissioned

€101.3M

Billed

€66.9M

Forecast Variance

+1.2%

Pipeline for Hotels, Serviced Apartments, and Residential Properties

Incoming Invoices

New

RE-2026-0418

Rohbau Nord GmbH · PDF

Contract

300.01 Structural Work

Gross Amount

184,200.00 €

Service Period

09/2026

✓ Data detected

→ Assigned to a contract

Cash Flow Statement

Plan · Actual · Outflow

M12

M18

M24

Costs

2 out of 4 within budget

PackageBudgetProgramStatus

Structural Work & Core€38.2M€38.0MWithin budget

Facade€14.6M€15.3MAudit

TGA€27.9M€28.4MAudit

Expansion€16.4M€16.4MWithin budget

Projected cost upon completion: €105.8 million. Illustrative screenshot with fictitious demo data.

Cost per square meter

€3,480

Benchmark

€3,410

Cost Items

312

Comparative Projects

Pipeline for Hotels, Serviced Apartments, and Residential Properties

Estimate vs. Median

Structural Work

Facade

TGA

Expansion

Estimate

Median

Cost per square meter vs. comparable projects

18 projects

Low

Median

High

Cost Groups

3 out of 4 within the framework

Cost GroupEstimateMedianStatus

Structural Work & Core€38.2M€37.6MAs part of

Facade€14.6M€13.4MAbove

TGA€27.9M€27.1MAs part of

Expansion€16.4M€16.9MAs part of

Estimated value: €104.5 million, benchmarked against 18 comparable projects. Illustrative screenshot with fictitious demo data.

Bids Received

Budget line item

€14.6M

Lowest vs. Budget

−3.4%

Change Orders

Pipeline for Hotels, Serviced Apartments, and Residential Properties

Change Orders

2 new

CO-2026-016

Facade Package · Meridian Facades

Reason

Change to the Glazing Specifications

Amount

+124,000.00 €

Recorded so far

6 · 420,000 €

✓ Within the budget line item

→ Awaiting approval

Bids vs. Budget Line Item

€14.6M Budget

Commandment 1

Commandment 3

Commandment 5

Award of the Facade Contract Package

Awarded for €14.3M

BidderBidvs. BudgetStatus

Alder Facades€14.1M−3.4%Non-compliant

Meridian Facades€14.3M−2.1%Awarded

Kestrel Envelope€14.8M+1.4%Shortlist

Norland Glass€15.9M+8.9%Rejected

Contracts awarded for €14.3 million against a budget allocation of €14.6 million. Illustrative screenshot with fictitious sample data.

Projects

Total Budget

€412M

Early Warnings

Funding Coverage

96%

Pipeline for Hotels, Serviced Apartments, and Residential Properties

Early Warning

New

EW-2026-007

Riverside Campus · TGA Package

Forecast Variance

+7.1%

Responsible

Project Management

Decision Due

November 2026

✓ Automatically selected

→ Assigned to the person in charge

Budget per Project

Budget · Forecast

Northwind

Harbor

Elm St

Riverside

Portfolio

2 Early Warnings

ProjectBudgetVarianceStatus

Northwind Yards€104.5M+1.2%Within budget

Harbor Point€138M+3.8%Audit

Elm Street Lofts€61M−0.4%Within Budget

Riverside Campus€108M+7.1%Early Warning

Two early warnings triggered, each with a designated person in charge and a decision deadline. Illustrative screenshot with fictitious demo data.

Calculate

Contract

Control

The Customer

GBI (Livory)

GBI was founded in 2001 and developed hotel, apartment, and residential projects. Today, the company operates as Livory, focusing on residential properties and serviced apartments throughout Germany.

View Customer