Hochtief AG provides construction services. The company offers a portfolio encompassing development, building and construction related services to concessions and operating services. The company plans and develops projects ranging from office blocks and shopping malls to sports arenas, airports, and corporate locations. The Company designs, finances, builds, and operates complex projects. The Company provides a package of services covering the entire construction-planning phase ranging from obtaining planning permission and building permits to drawing up detailed construction site logistical plans. It also develops, implements, and markets realty and infrastructure projects in Germany and all over the world. The Company offers its clients a wealth of preconstruction services, including complete construction planning, which encompasses everything from obtaining permits to working out a detailed strategy for construction site logistics. The Company is working constantly on identifying and picking up international trends at an early stage. The Company provides a central budget for Research and Development Projects (R&D Projects) of cross-divisional significance. These innovation projects are planned and carried out by a HOCHTIEF corporate unit. Corporate Center Corporate Development in the HOCHTIEF Holding coordinates and controls these activities and ensures the know-how transfer throughout the Group. It is also responsible for the central R&D budget. Development The company develops top-notch commercial properties in Germany and a number of other countries. In all of these instances, the project's foundation is laid long before construction begins; it starts with an idea. The company’s Projektentwicklung, develops custom properties for anchor tenants and then places them with end investors. Office and hotel properties in and near downtown areas are the focus. Financing The company develops and optimizes finance packages that are coordinated with investors and partners in banking from around the globe. Its financial service teams also advise and assist subsidiaries and associated companies as they conduct negotiations throughout the world, offering support that extends from the initial planning stages all the way to contract signing. Construction The sustainable construction segment encompasses the design, building and operation of environmentally sound and energy saving structures. With Medcube, the company Construction has developed a holistic concept in medical care. Medcube offers physicians from a variety of disciplines of offices in the immediate vicinity of municipal hospitals. The close cooperation of physicians coupled with the proximity of Medcube buildings to hospitals would make it possible to coordinate diagnostic and therapeutic strategies and implement them as part of an integrated healthcare concept. Services Preconstruction services The company offers its clients a wealth of preconstruction services, including complete construction planning, which encompasses everything from obtaining permits to working out a detailed strategy for construction site logistics. Concessions and operation The company’s concessions and operation offering grew out of the core construction business and includes concessions and holdings, the public-private partnership (PPP) model with a focus on operator-run properties. The key market segments are public buildings/social infrastructure, toll roads/transportation, including bridges and tunnels, as well as airport holdings and operation-focused contract mining. It conducts business in this market through a host of companies, including HOCHTIEF PPP Solutions and Aecon (Europe and America), Leighton and Concor (Australia, Asia-Pacific, southern Africa) and HOCHTIEF AirPort (airport holdings). Mining operation by HOCHTIEF: The company's subsidiary Leighton is a contractor for numerous mines in Australia and Asia. Contract mining is the logical, technological consequence of decades of experience doing major excavations for traditional civil engineering projects. Its operation includes services before, during and after the excavation of raw materials like coal, iron ore, gold, nickel and zinc. Leighton also offers extraction preparations. Significant Events Qatari Diar Real Estate Investment Co. has signed an agreement with Hochtief AG to establish a service joint venture. The joint venture would establish a close partnership in service delivery to include construction. The official signing took place in Doha on Sunday with Qatari Diar's CEO Ghanim Bin Saad Al-Saad and Hochtief's representatives Henner Mahlstedt, Eimert Los and Wilhelm Bruns. The immediate focus would be to create a construction joint venture between Qatari Diar and Hochtief focusing on related construction services including knowledge exchange, project management and best practice.
hochtief ag (HOCFF:Grey Market)
Phone: 49 201 824 0
Fax: 49 201 824 2777www.hochtief.com
The information and data displayed in this profile are created and managed by Capital IQ, a Standard & Poor's company. Bloomberg.com does not create or control the content.
|No competitor information is available for HOCFF.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact HOCHTIEF AG, please visit www.hochtief.com. Company data is provided by Capital IQ. Please use this form to report any data issues.