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PPP and Infrastructure

In: Understanding German Real Estate Markets

Author

Listed:
  • Hans Wilhelm Alfen

    (Bauhaus-Universität Weimar)

  • Sven Barckhahn

    (Bauhaus-Universität Weimar)

Abstract

This chapter examines the role of public private partnerships in the public procurement of public real estate and transportation infrastructure in Germany. Introductory, the general structure and characteristics of PPPs are explicated along with special remarks about specific features of the German PPP approach. This includes the specific role of the financing models applied, especially the role of non-recourse forfeiting of installments in municipal projects. Further reference is made to the highly divided and complex approach of federal and federal states’ authorities to PPPs. Any federal state set up its very own taskforce that issues guidelines and provides support to municipalities in heterogeneous ways. Nevertheless, on project level, a certain degree of standardization led to different types of contract models in the public real estate sector that are applied consistently throughout Germany on any governmental level. Although, even standardized, models in the road infrastructure sector are applied only on federal level, whereas single projects on municipal level can still be considered ‘pilot projects’. Finally, the flow of deals in the public real estate and the road infrastructure sectors are summed up in tables that also feature updated figures for projects in tendering and under preparation.

Suggested Citation

  • Hans Wilhelm Alfen & Sven Barckhahn, 2012. "PPP and Infrastructure," Management for Professionals, in: Tobias Just & Wolfgang Maennig (ed.), Understanding German Real Estate Markets, edition 127, pages 387-403, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-642-23611-2_26
    DOI: 10.1007/978-3-642-23611-2_26
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