Fürst Wrede Military Base City Munich Country Germany Client Federal Ministry of Defense Contract type PPP Contract Planning, financing, refurbishment, construction and operation of Fürst Wrede Barracks in Munich, Germany Capital expenditure EUR 56.7 million Contract period 20 years (2008-2028) Shareholders HOCHTIEF PPP Solutions (50 %), BBGI SICAV S.A. (50%) As a PPP project, the Furst Wrede Military Base in Munich was a premiere in two senses: It was the Federal Republic’s first public building PPP project, and the first PPP defense project in Germany. A modern facility—with long-term prospects—as created for up to 1,600 people. HOCHTIEF PPP Solutions refurbished and partly built the barracks and is operating it for 20 years. A modern facility was returned to the Federal Ministry after t

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