Projects

Police Headquarters South-East Hesse (PPSOH)

Other

PPSOH Offenbach consists of the design, construction, financing, operation and maintenance of the new police centre building for South-East Hesse in the City of Offenbach, Germany.

Sector

Other

Location

Offenbach, Germany

Status

Operational

Equity ownership

45%

financial close

December 2017

July 2018

term length

30 years

About

The police centre building is located in the German mid-size city Offenbach, about 10 km from Frankfurt am Main, and is responsible for the approximately 1,000,000 inhabitants across an area of 1,800 km² in south-east Hesse (Main-Kinzig district, Offenbach district).

total gross floor area

0,000 sq m

It has a total gross floor area of approximately 76,000m² including offices for 900 workstations, meeting areas, cafeteria, police station, cells, multipurpose hall, parking deck with 750 places and outside facilities on approximately 37,000m²piece of land owned by the project company together with the building.

The building sets sustainability standards and, among other things, has a rooftop solar system with an output of 302 kWp and, due to the energy efficiency approach, requires approximately 50% less primary energy than a comparable new building.

The project allows for a merger of organisational units that had previously been spread over various properties across south-east Hesse and hence the concentration of central organizational units at one site creating a high level of efficiency and synergies. Following an EU-wide tender, the project was awarded in 2017 to a consortium of Amber, INPP and Goldbeck, and construction was completed by the subcontracted project partner Goldbeck in June 2021. Since then, Goldbeck has also been the responsible subcontractor for the facility management and maintenance services. The project revenues are availability-based under a concession agreement running until June 2051 and the public sector client is the German Federal State of Hesse.

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Key impacts and benefits

Project capital cost

c.€ 0 m

Total population covered

c. 0 m

Number of employees accommodated

Why we invest in PPPs

PPPs provide much needed critical infrastructure often replacing older public sector properties with new state of the art facilities operated by experienced facilities management contractors. The investments provide stable long-term, index-linked cash flows backed by high quality public sector counterparties.

Stable income from high quality counterparties: The investment companies receive availability-based revenues from public sector counterparties
International delivery model: INPP has invested in PPP assets in Australia, Canada, New Zealand, Europe and the UK
Long-term, predictable cash flows: PPP concessions will typically last for between 25 and 35 years
Risk transfer: Construction and operational risks are transferred to investment company’s supply chain partners
Inflation-protected revenues: Revenues are generally inflation-linked and indexed to local inflation measures, such as the UK’s Retail Price Index (‘RPI’)
Critical infrastructure: INPP’s PPP investments deliver much needed critical infrastructure to the public sector, supporting local societies and communities across our key geographies

Sustainable Development Goals (SDGs)

2030 Agenda for Sustainable Development adopted by UN Member States in 2015

SDGs supported:

SDG contribution

Outcomes

International presence: INPP has judicial sector investments in Canada, New Zealand, Europe and the UK
Access to justice: INPP’s judicial assets help promote peaceful and inclusive societies for sustainable development by supporting the build of accountable institutions that provide access to justice for all (SDG 16)

Police Headquarters South-East Hesse (PPSOH)

About

Why we invest in PPPs

Sustainable Development Goals (SDGs)

Outcomes

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