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Development and Revitalization Pipeline, Germany
Germany
·
Mix
Project

Renovation and new construction— a pipeline.

Sonar Real Estate's Germany-wide development and revitalization pipeline, comprising 27 revitalization and new-construction projects since 2011.

Book a demoTalk to an expert
app.prob.is/projects/sonar-development-pipeline-germany
Overview
Invoices
Exam
Approval
Costs
Report
Budget
€104.5M
Commissioned
€101.3M
Billed
€66.9M
Forecast Variance
+1.2%
Development and Revitalization Pipeline, Germany
Development and Revitalization Pipeline, Germany
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
M1
M6
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
18
Development and Revitalization Pipeline, Germany
Development and Revitalization Pipeline, Germany
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
4
Total Budget
€412M
Early Warnings
2
Funding Coverage
96%
Development and Revitalization Pipeline, Germany
Development and Revitalization Pipeline, Germany
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
5
Budget line item
€14.6M
Lowest vs. Budget
−3.4%
Change Orders
6
Development and Revitalization Pipeline, Germany
Development and Revitalization Pipeline, Germany
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.
Sonar Real Estate
Customer
Manage
Calculate
Contract
Control
The Project

The Project in Numbers.

Sonar Real Estate's Germany-wide development and revitalization pipeline, comprising 27 revitalization and new-construction projects since 2011.

Sonar Real Estate's Germany-wide development and revitalization pipeline, comprising 27 revitalization and new-construction projects since 2011.

Location
Germany
Time period
Asset Class
Mix
Scope
Development and revitalization pipeline, managed using PROBIS Manage, Calculate, Contract, and Control.
Customer
Sonar Real Estate
  • 27 revitalization and new construction projects since 2011
On the platform

The modules behind this project.

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

Manage
Ongoing asset and facility management once the project is operational.
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.
app.prob.is/projects/
sonar-development-pipeline-germany
Overview
Invoices
Exam
Approval
Costs
Report
Budget
€104.5M
Commissioned
€101.3M
Billed
€66.9M
Forecast Variance
+1.2%
Development and Revitalization Pipeline, Germany
Development and Revitalization Pipeline, Germany
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
M1
M6
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
18
Development and Revitalization Pipeline, Germany
Development and Revitalization Pipeline, Germany
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
5
Budget line item
€14.6M
Lowest vs. Budget
−3.4%
Change Orders
6
Development and Revitalization Pipeline, Germany
Development and Revitalization Pipeline, Germany
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
4
Total Budget
€412M
Early Warnings
2
Funding Coverage
96%
Development and Revitalization Pipeline, Germany
Development and Revitalization Pipeline, Germany
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.
Manage
Calculate
Contract
The Customer
Sonar Real Estate

An owner-managed German investment and asset manager specializing in commercial real estate; project development is handled by its subsidiary, Sonar Development.

View Customer
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