State-of-the art office building emerging in HafenCity

VTG relocating headquarters to Elbbrücken district - plans to use recycled materials and photovoltaics
13 July 2022
Image of VTG's new headquarters

The Hamburg-based DC Developments is constructing a bold, state-of-the art, 16-storey sustainable office block in the Elbbrücken district at a cost of EUR 180 million. VTG, the leading lessor of rail freight cars, will become the anchor tenant and can then avail of 18,000 square metres of floor space. Construction is set to begin in early 2023 and will last through 2026. Then the company is expected to move its 600 employees from St. Georg to HafenCity. 

Multifaceted demands on office building 

The new building will become a centre of work, relaxation and meetings with recreational areas on the green roof terrace and a 400-square metre green oasis in the inner courtyard. "Working environments are changing fundamentally," said Johann Spengler, Managing Partner of Steidle Architekten. "The office block of the future must offer meeting places, create open spaces for spontaneous exchange and foster creative centres for developing new ideas." It picks up on demands for new work structures subsumed under the term "New Work" and that include work-life blending, collaboration and remote work.

VTG employees involved in planning 

A VTG team helped develop the plans from the outset to successfully adapt to new standards, said Spengler. "We at VTH take ecological, economic and social responsibility and want to be climate-neutral by 2040. When choosing our new office space, it was important to us to set an example in terms of sustainability and functionality," said Oksana Janssen, Chief Operating Officer Eurasia & Far East of VTG AG. The project was backed by the Hamburg Invest economic development agency.

Sustainability and functionality

The development and construction processes are based on the HafenCity Ecolabel, the highest sustainability award for suburb there. Apart from reduced operational energy requirements, it includes recycled or reusable building materials produced with particularly low CO2 emissions. The façade, for instance, will be made of used or reused bricks. Photovoltaic systems will supply green electricity. A deconstruction concept documents the circularity of the building.

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VTG AG

VTG AG, headquartered in Hamburg, is a globally active asset and logistics company focusing on rail. It hires out rail freight cars and tank containers and offers both multimodal logistics services and integrated digital solutions. Its fleet consists of 88,500 rail freight cars including tank cars, intermodal wagons, standard freight cars and sliding wall wagons as well as some 5,000 tank containers. VTG employs around 2,150 people worldwide. The company generated revenue of around EUR 1.2 billion (EUR 1,221 million) in the fiscal year 2021 and achieved an operating result (EBITDA) of EUR 472 million. The company has branches in Europe, North America and Eurasia and through associated companies.