Operating company BAM again successful in German PPP market

Bunnik, Netherlands, 10 October 2005 – Müller-Altvatter (a German operating company of Royal BAM Group and specialised in building projects) has been awarded a PPP contract for the realisation of a new laboratory building for the university hospital of Essen. The investment sum amounts to approximately € 26 million.

The consortium is led by Müller-Altvatter, established in Stuttgart, and Südleasing at Mannheim. The contract includes design, financing and construction of a seven-storey high laboratory (8,000 sq m). The laboratory is named Robert-Koch-Haus III and will be used by the institutions for virology, immunology and microbiology. The operational period is 15 years (with an option for a five-year extension).

After completion of the building in the autumn of 2007, the current Robert-Koch-Haus will be demolished to make room for a new, enlarged parking on the hospital grounds.

Realising Robert-Koch-Haus III is Müller-Altvatter’s third PPP of this kind. The company is also involved in construction and long-term maintenance of a school for the mentally handicapped in Frechen, as well as in building, maintenance and operation of the school complex Ostend in Frankfurt am Main. For PPP projects Müller-Altvatter works in close co-operation with BAM PPP Deutschland GmbH, based in Frankfurt.

Further information: A.C. Pronk, + 31 (30) 659 86 21.