Public Private Partnerships (PPP) in the German Public Real Estate Sector

This paper gives an overview of the development of the Public PrivatePartnership-(PPP)-market in Germany during the last fi ve years. The PPP-marketin Germany is still quite young. Nevertheless, the standardization processhas already been started, especially in the public real estate sector. In the year2003 the fi rst PPP-projects were awarded, and since then about 25 real estatePPP-projects with an estimated value of about €551 million have been signed.Currently, a lot more projects are under preparation.