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REAL ASSET Insight takes a two-week summer break

The Real Asset Insight, Real Asset Impact and Real FDI news team will now be taking a two-week summer break from Monday August 18th to Friday August 29th. The newsletter and daily news briefings on the website will also pause.
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ALEX Kaunas Innovation Park: a new home for high-tech investment

EV slowdown prompts industrial market reset as developers look beyond automotive boom

Indian companies pursue more strategic overseas expansion despite dip in outbound investment
Play

North-East Romania sees growth opportunities as Eastern hub for Moldova and Ukraine

Sebastian Hrib, FDI coordinator, North-East Regional Development Agency, Romania

Foreign investment comes into focus for Tuscany’s superyacht cluster

Courtney Fingar

Draft London Plan sets out blueprint for growth, creating fresh opportunities for investors

Latin America must convert investor interest into long-term projects, says Vistra

Newcastle and Gateshead hold steady on inward investment despite tougher market

Seychelles to convene investors and policymakers as it sharpens diversification agenda

Viewpoint: UK regions are overlooking Latin American investors and missing out on a major source of ready capital

Courtney Fingar

IDA Ireland secures 190 investments in strong start to 2026 despite intensifying global competition

Freeport East accelerates growth with manufacturing, innovation and investor support push

How Seychelles is building a modern international financial centre

Courtney Fingar

Europe regains momentum as strategic investment reshapes FDI landscape

IFC invests $80m in Porto Montenegro expansion, in a boost to the country’s tourism development plans

Global FDI rebounds, but developing economies risk being left behind as investment becomes more selective

UNCTAD warns geopolitical shocks threaten investment and infrastructure outlook

Flight to quality drives office fit-out costs higher across African markets

Wealthy Americans increasingly seek second citizenship as global uncertainty reshapes mobility strategies

Camden Film Quarter secures planning approval, advancing one of the UK’s most investable projects

East Midlands advances investment pipeline with major regeneration projects

Liverpool City Region unveils investment strategy and advances first projects under £2bn fund

Brighton leads ranking of UK cities attracting next-generation businesses
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Defence spending to fuel Romanian real estate

Voichita Lefter, Secretary General of the Association of Real Estate Investors in Romania (AREI)

West Midlands unveils £20bn investment pipeline backed by new regional funding platform

Infrastructure-led development drives new investment in Greater Essex real estate and logistics sectors

Tourism resilience creates opportunities for hospitality investors despite geopolitical headwinds

Broad US tariff plans could reshape global investment flows, warns deVere CEO

UK Innovation Corridor is a ‘coalition of the willing’

Courtney Fingar

JLL: Europe’s life sciences lab oversupply fears are overblown

The science of merging talent and capital

Courtney Fingar

Seychelles aligns digital growth with sustainable investment goals

Courtney Fingar

Only the right mix of ingredients will lead to effective innovation hubs

Courtney Fingar

Real FDI May/June 2026

Lucien Howlett

Report: Caribbean needs new broadband investment models as connectivity demands grow

Where are the top investable innovation zones?

Courtney Fingar

Top investable innovation zones: UK Innovation Corridor, London-Cambridge

Courtney Fingar

Top investable innovation zones: DFactory Barcelona, Spain

Courtney Fingar

Top investable innovation zones: K64 – Iceland’s Airport Region, Keflavík

Courtney Fingar

Top investable innovation zones: Innovation Place, Birmingham, UK

Courtney Fingar

Top investable innovation zones: AMIDS, Glasgow City Region, Scotland

Courtney Fingar

Top investable innovation zones: Rheinisches Revier, Germany

Courtney Fingar

Top investable innovation zones: Nāst Innovation Destination Torslanda, Gothenburg, Sweden

Courtney Fingar

Top investable innovation zones: North East Investment Zone, UK

Courtney Fingar

Top investable innovation zones: Health Innovation Liverpool, UK

Courtney Fingar

Top investable innovation zones: Iceland Eco-Business Park, Helguvík, Iceland

Courtney Fingar

Kearney: Investors recalibrate as geopolitics and industrial policy reshape global FDI landscape

Where are the top CEE investable projects in 2026?

Courtney Fingar

Top CEE investable projects 2026: Japanese Garden of Imagination, Poznań, Poland

Courtney Fingar

Top CEE investable projects 2026: BIO CITY, Vilnius, Lithuania

Courtney Fingar

Top CEE investable projects 2026: VCIIP, Vilnius, Lithuania

Courtney Fingar

Top CEE investable projects 2026: TechNis Innovation District, Niš, Serbia

Courtney Fingar

Top CEE investable projects 2026: Industra Park Iași, Lețcani, Romania

Courtney Fingar

Top CEE investable projects 2026: Komunalna Economic Activity Zone, Tarnów, Poland

Courtney Fingar

Top CEE investable projects 2026: Gdańsk New South TOD Corridor

Courtney Fingar

Top CEE investable projects 2026: Riga RoPax Terminal, Riga, Latvia

Courtney Fingar

Top CEE investable projects 2026: RIX Airport City, Riga, Latvia

Courtney Fingar

Top CEE investable projects 2026: Zunda Towers, Riga, Latvia

Courtney Fingar

Knight Frank: Cambridge science leasing hits record as UK innovation hubs grow

Texas leads as new index maps US states’ competitiveness for AI investment

OECD: Global FDI rebounds in 2025 but underlying growth remains uneven

US industrial sector stabilises amid automation-driven demand and infrastructure constraints

McKinsey: FDI flows are “a window to what’s coming next” for the global economy

Global trade reaches $35trn but rising fragility weighs on developing economies

Hungary election signals policy shift and potential reset for investors

‘We are only just seeing the start of data centre growth in Africa’: Knight Frank’s Oscar Matthews

Jason Mitchell

MSCI: Data centres outperformed all asset types but future remains uncertain

Interpipe expands into EU with Romanian acquisition as nearshoring momentum builds
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Reykjavik’s residential project Keldur offers significant opportunities for international investors

Thorsteinn R Hermannsson, Director of Development at Transport for the Capital Area, Iceland & Joanna Attvall, Architect and Partner at FOJAB, Sweden
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Ambassadori Island Batumi sets out Black Sea smart city vision with $1bn backing

Gocha Kamkia, CEO, Ambassadori Island Batumi

Talent strategies are becoming central to investment and place development

Saudi Arabia sees surge in foreign investment as inflows jump in late 2025

Global trade shifts under geopolitical pressure as growth continues: McKinsey report

Infrastructure investment vital to Africa’s economic growth but financing gaps remain
Play

Iceland’s K64 airport masterplan targets data centre growth

Pálmi Randversson, Managing Director of KADECO

Dates and location for WAIPA’s 30th World Investment Conference announced at Mipim 2026

FDI in the US shrinks in the fourth quarter but holds steady for the full-year total in 2025

The new focus for FDI in 2026 is on value over volume

Courtney Fingar

Trade rule reform key to unlocking FDI and real asset investment
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Romanian government working with regions to create investment opportunities for global capital

Orsolya Mária Kövér, Secretary of State, Ministry of Development, Public Works and Administration, Romanian Government

Where are the best opportunities in life sciences?

Courtney Fingar

Top 10 life sciences projects: Euston Over-Site Development – London, UK

Courtney Fingar

Top 10 life sciences projects: Upper Brook Street, Manchester, UK

Courtney Fingar

Top 10 life sciences projects: Sister, Manchester, UK

Courtney Fingar

Top 10 life sciences projects: Paddington South, Liverpool, UK

Courtney Fingar

Top 10 life sciences projects: Nexus234 Innovation District, Virginia, US

Courtney Fingar

Top 10 life sciences projects: Life Science Campus Mainz, Germany

Courtney Fingar

Top 10 life sciences projects: Birmingham BioCity, UK

Courtney Fingar

Top 10 life sciences projects: Quadratum Potsdam, Germany

Courtney Fingar

Top 10 life sciences projects: Uppsala Business Park, Uppsala, Sweden

Courtney Fingar

Top 10 life sciences projects: Hub RTP, North Carolina, USA

Courtney Fingar

Growth will continuously fuel the drive to invest

Guest View

Gothenburg has to focus on what we control

Guest View

Strategic realignment and selectivity will shape 2026

Guest View

We are seeing a decisive shift to innovation-led FDI

Guest View

Long‑term projects are finally getting the green light

Guest View

Resilience and strong innovation will attract FDI

Guest View

There is a global shift from volume to value

Guest View

Digitalisation is still the backbone of FDI strategy

Guest View

Seychelles looks to ramp up solar power to meet energy targets

Guest View

Ambassadori Island Batumi brings Black Sea smart city vision to MIPIM

Real FDI – March/April 2026

Lucien Howlett

Target Turku, the Nordic growth engine

Courtney Fingar

Reykjavík’s next chapter: density, design and a transit-led future

Courtney Fingar

North-East Romania positions itself for nearshoring demand

Guest View

Iași showcases investment potential at MIPIM

US foreign investment rebounds in third quarter as equity flows surge

Family offices double down on direct real estate investments: Kingstone Real Estate report

Knight Frank: UK life sciences firms jump 22% as lab property market enters new cycle

Sovereign investors start 2026 with strategic restructurings despite slower deal activity

Briefing: AI is redefining Europe’s data centre investment case and risk calculations

UNCTAD: Land markets split as data centres hit $270bn and industrial investment weakens
Play

People and capital are key to city investment

Annelou de Groot, CEO, Cushman & Wakefield, Netherlands
Play

New city centre drives quality of life and investment

Maciej Fijałkowski, Secretary of the City of Warsaw, Poland

Call for Entries: Top Investable Life Sciences Projects 2026
Play

Romania’s North-East promotes strategic location and €1.75bn EU investment package

Sebastian Hrib, Head of Brussels Office & FDI Coordinator, ADR Nord-Est. Romania

Leaders at London Gatwick Economic Summit call for collaboration to unlock regional prosperity

Moldova’s tech leap: How a small country is opening big opportunities for EU companies
Play

Life sciences and innovation drive economic growth in Turku, Finland

Vesa Palander, Director of Business & Economic Development, City of Turku
Moldova’s new state aid scheme is making the country a competitive destination for industrial investment.

Moldova’s state aid scheme signals a more compelling proposition for strategic capital

Moldova’s tech leap: How a small country is opening big opportunities for EU companies

Reforms and resources put the Democratic Republic of Congo on investors’ radar
The World Investment Conference underscored the growing expectation that investment must balance competitiveness with social and environmental impact.

Global investors call for smarter, sustainable growth at World Investment Conference in Sharjah

Where are the best opportunities in industrial and logistics?

Top 10 investable I&L projects: Industra Park Iași, Lețcani, Romania

Courtney Fingar

Top 10 investable I&L projects: K64, Suðurnes Region, Iceland

Courtney Fingar

Top 10 investable I&L projects: Spilve Industrial Park, Riga, Latvia

Courtney Fingar

Top 10 investable I&L projects: Ashton Moss Innovation Park Manchester, UK

Courtney Fingar

Top 10 investable I&L projects: Mix Manchester, Manchester, UK

Courtney Fingar

Top 10 investable I&L projects: Komunalna, Tarnów, Poland

Courtney Fingar

Top 10 investable I&L projects: Bow Goods Yard, London, UK

Courtney Fingar

Top 10 investable I&L projects: Clyde Gateway Innovation, Glasgow, Scotland

Courtney Fingar

Top 10 investable I&L projects: Chocianowice, Łódź, Poland

Courtney Fingar

Top 10 investable I&L projects: Forth Yards, Newcastle, UK

Courtney Fingar

How London Gatwick is planning to stimulate region’s growth

Courtney Fingar

Seychelles moves to become a destination to bank on

Courtney Fingar

Multipolarity is now the defining characteristic of global commerce

Courtney Fingar

Transforming the heart of a European capital

Courtney Fingar

Seychelles looks to balance openness with responsibility

Courtney Fingar

Keldur: Reykjavík’s next great urban quarter moves forward

Courtney Fingar

Real FDI – October/November 2025

Lucien Howlett

Real Asset Media partners with Africa Sustainable Investment Summit
International tourism demonstrated strong resilience in the first half of 2025, according to the latest UN Tourism Barometer.

Global tourism surges in H1 2025, bringing new opportunities for FDI in travel and hospitality

Seychelles sharpens its investment focus

Anne Rosette, CEO of the Seychelles Investment Board (SIB).

LAMDA signs €450m land deal to launch global innovation campus in Athens

We’re back – and the autumn calendar is packed

Ethiopian Airlines clinches $10bn financing for Addis Ababa hub airport

Call for entries: Top Industrial & Logistics Projects

New US tariffs redraw global trade landscape and rattle industrial real estate market

Hydrogen push accelerates with £200m Thames Freeport investment

WAIPA launches ‘Decade of Investment for Good’, looks ahead to next World Investment Conference

Central and Eastern Europe shows resilience amid global FDI challenges

South London’s Croydon to unveil £30m regeneration plan

New trade corridors to reshape Eastern Europe’s logistics landscape

Where are the UK’s top investment opportunities?

Courtney Fingar

Top UK investable projects: Paradise Birmingham, West Midlands

Courtney Fingar

Top UK investable projects: Paddington South, Liverpool

Courtney Fingar

Top UK investable projects: Atlantic Wharf, Cardiff Bay

Courtney Fingar

Top UK investable projects: Camden Film Quarter, London

Courtney Fingar

Top UK investable projects: Baltic Quarter, NewcastleGateshead

Courtney Fingar

Supply chain transformation drives logistics boom in Central and Eastern Europe

Geopolitics and capital constraints weigh on Central and Eastern Europe’s real estate outlook

Seychelles’ multi-pronged bid to attract investors

Courtney Fingar

Sarcc establishes ‘significant’ residential opportunity across Saudi Arabia

Courtney Fingar

FDI, not tariffs, are the key to US bringing manufacturing back

Guest View

Why Trump’s trade agenda threatens real assets and global growth

Courtney Fingar

Where are the CEE’s top investment opportunities?

Courtney Fingar

Top 10 CEE investable projects: Teatr Muzyczny – Poznań, Poland

Courtney Fingar
SkyLight Residence Bucharest

Top 10 CEE investable projects: SkyLight Residence – Bucharest, Romania

Courtney Fingar

Top 10 CEE investable projects: RIX Airport City – Riga, Latvia

Courtney Fingar

Top 10 CEE investable projects: RIVUS – Cluj-Napoca, Romania

Courtney Fingar

Top 10 CEE investable projects: Nusco City – Bucharest, Romania

Courtney Fingar

Top 10 CEE investable projects: Nowy Wełnowiec – Katowice, Poland

Courtney Fingar

Top 10 CEE investable projects: Imperial Shipyard – Gdańsk, Poland

Courtney Fingar

Top 10 CEE investable projects: Hub 55 – Suceava, Romania

Courtney Fingar

Top 10 CEE investable projects: Braiconf Plaza – Braila, Romania

Courtney Fingar

Top 10 CEE investable projects: Amylon – Sibiu, Romania

Courtney Fingar

Real FDI June 2025 – CEE Special

Lucien Howlett

Dutch real estate market adjusts to structural shifts as Eindhoven sees tech growth momentum
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Iceland’s K64 Circular Industries aims to redefine sustainable industrial development

Elin Guðnadóttir, Programme Director, KADECO.
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Porto mayor tackles the talent paradox

Rui Moreira, Mayor of Porto
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FDI expert calls for a focus on opportunities amid uncertainty

Dr. James Zhan, Senior Advisor to WAIPA and Chairman of the Executive Board of WAIPA’s World Investment Conference.
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Oman Vision 2040 is opening a new era for investors

Dr. Khalfan Said al Shu'aili, Oman’s Minister of Housing and Urban Planning.
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Real estate is an untapped opportunity for investment promotion agencies

Ismail Ersahin, CEO and executive director of the World Association of Investment Promotion Agencies (WAIPA).

RAK Properties aligns real estate development with the emirate’s evolving needs

UK’s West Midlands unveils £19bn digital platform to lure real estate investors

Real FDI June 2025 – UKREiiF Special

Lucien Howlett

The Great North: UK mayors back £118bn growth vision

Egypt’s new capital advances as investment interest grows

Saudi Arabia’s Vision 2030 surpasses key milestones
Saudi Arabia’s ambitious New Murabba project in Riyadh is making significant strides, with excavation and groundwork nearing completion and construction set to begin in the summer. Michael Dyke, CEO of the New Murraba Developmemt Company, shared insights with Real FDI editor Courtney Fingar at MIPIM.

Saudi Arabia’s New Murabba project moves forward with groundwork and investor interest

Riga’s housing shortage creates opportunities for investors and developers

MIPIM: Media savvy cities increasingly turn to TikTok

Eindhoven to buy Brainport campus as ASML expands

Real FDI March/April 2025

Lucien Howlett

Where are the world’s top investment opportunities?

Investment-ready opportunities are essential to attracting private capital

Courtney Fingar

Top 10 investable projects: Neapolis Smart EcoCity, Paphos

Courtney Fingar

Top 10 investable projects: Central Station Gateway, Liverpool

Courtney Fingar

Report highlights FDI’s impact on US jobs

Top 10 investable projects: Diriyah, Saudi Arabia

Courtney Fingar

Top 10 investable projects: Porto Vivo, Italy

Courtney Fingar

Top 10 investable projects: Kireka Slum Rejuvenation Project, Uganda

Courtney Fingar

Top 10 investable projects: Health Innovation Neighbourhood, Newcastle

Courtney Fingar

Top 10 investable projects: K64 Circular Industries, Iceland

Courtney Fingar

Top 10 investable projects: University of Latvia Academic Centre

Courtney Fingar

Top 10 investable projects: Myler Mountain Resort, Armenia

Courtney Fingar

Top 10 investable projects: Clyde Gateway, Glasgow

Courtney Fingar

Private finance needed to mitigate health impacts of climate change

Guest View

Canada braces for repercussions as tariffs threaten key industries

FDI CEO Outlook 2025: Doug Bruhnke, Global Chamber

Guest View

FDI CEO Outlook 2025: Gareth Hagan, OCO Global

Guest View

FDI CEO Outlook 2025: Ismail Ersahin, WAIPA

Guest View

FDI CEO Outlook 2025: Anne Rosette, Seychelles Investment Board

Guest View

Eindhoven moves to acquire Brainport campus amid ASML expansion plans

Courtney Fingar

Global political and economic shifts demand strategic FDI responses

Guest View
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Riga eyes public-private partnerships to unlock development potential

Fredis Bikovs, Director, Riga Investment and Tourism Agency.

Investors shift focus as Europe’s markets evolve amid uncertainty, say experts

Investment needed to support continued growth of Uzbekistan’s high-flying tourism industry

Project finance plummets in 2024, greenfield FDI remains weak and M&A is stable: UNCTAD report
Play

Saudi Arabia: partnerships help make progress to Vision 2030

Fahad Al-Hashem, Ministry of Investment,  Kingdom of Saudi Arabia.
Play

New technology to the fore as ROSHN focuses on Saudi vision

Waleed Bawaked, Senior Director, Strategy & Planning, ROSHN
Play

Manchester: High quality real estate critical to FDI success

Joe Manning, Managing Director, MIDAS.
Play

New Murabba is establishing a new ‘downtown’ for Riyadh

Carl Schibrowski, Chief Development Officer, New Murabba Development Company

Trump 2.0 set to bring tougher times for global investment

Courtney Fingar

Backdrop to WAIPA World Investment Conference is possible FDI recovery

ROSHN Group – On a mission to reshape urban spaces

Courtney Fingar

Open for business: modern cities with a strong nod to heritage

Courtney Fingar

Cultural, green, flexible spaces: quality of life is essential for FDI

Courtney Fingar

US Treasury moves to regulate outbound investments

US markets struggle to meet surging energy demand for data centres

Guest View

€120bn of UK projects showcased at EXPO Real
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Shared objectives on show as Saudi prepares for 28th WIC

Fahad Al-Hashem, Ministry of Investment, Saudi Arabia.
Play

Data privacy and AI approach make Switzerland R&D magnet

Patrik Wermelinger, Chief Investment Promotion Officer, Switzerland Global Enterprise.

Krakow’s Wesoła set to be hub for creativity and innovation

Panattoni and GFH to invest $500m in I&L projects in Saudi

Empowering investment promotion agencies: a critical step for global FDI recovery

Subdued FDI is another sign of ‘slowbalisation’: Research

EXPO Real: ‘United front’ by UK cities as sentiment improves

Iceland to build resilience with largescale projects

Courtney Fingar

Real estate cannot ignore companies’ increasing focus on sustainability

Courtney Fingar

Sustainability comes to the fore in site selection

Courtney Fingar

Eindhoven takes on challenges amid fast growth

Courtney Fingar

Val d’Europe adds solar energy to sustainability mix

Courtney Fingar

Saudi Arabia to host World Investment Conference 2024

$41.5bn raised globally for logistics investments in H1

Diversification is a key priority as economic models change

Developing countries move to entice more investment inflows

Newcastle bridges history and progress

Guest View

RealFDI October 2024

Lucien Howlett

Katowice’s game-changing regeneration plans

Courtney Fingar

FDI fortunes mixed among regions and type, shows report

Egypt: Help sought for new administrative capital phase 2

UN trade body hints at better 2024 for FDI

Sovereign investors up their game in terms of best practice
Photo by Ahmet Tonel on Unsplash

Tourism’s post-pandemic recovery nearly complete

Accession to the EU was a turning point in CEE’s investment fortunes

Courtney Fingar

20 years on: what EU accession has done for us

Courtney Fingar

Netherlands defies downturn

Paul Strohm

EY report: European FDI recovery stalls

How Eindhoven is embracing collaboration to aid growth

Guest View

FDI can play a key role in solving UK’s housing crisis

Courtney Fingar

Iceland’s airport developments are ready for take-off

Courtney Fingar

Innovation key to Newcastle’s FDI appeal

Guest View

2024’s hottest CRE sectors

Courtney Fingar
Play

Urbanisation still drives CEE but geopolitics can frustrate

Marcus Cieleback, Chief Urban Economist, Patrizia,

CEE Summit: optimism on the rise as foreign investors return

Property leaders line up for Iberian property summit
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Green guidelines embedded in plans for Egypt’s new capital

Mohamed Al Desouky Energy Director, ACUD Administrative Capital for Urban Development.
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New project generates tenant interest at Val d’Europe

Boris Solbach, Senior Vice-President Business Strategy and Finance and Chief Financial Officer, Disneyland Paris .

Property and hotel potential with Iceland airport growth

Pace of investment picks up in Riga as Baltics prep for future
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Mercedes’ business case for Polish FDI project explained

Dr Ewa Łabno-Falecka, Mercedes-Benz Manufacturing Poland

Belfast adds EU proximity to its list of investment attractions
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Investors and consultants are needed for Egypt’s new capital

Khaled Abbas, Chairman and CEO, Administrative Capital for Urban Development - ACUD
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Iceland’s airport growth creates RE and hotel FDI possibilities

Brynjar Vatnsdal, Development Manager, Keflavik Airport
Play

Greece’s new economic and political stability shows in FDI

Marinos Giannopoulos, CEO, Enterprise Greece
Play

KADECO looks to leverage Iceland airport expansion

Pálmi Randversson, Managing Director, Keflavik Airport Development Company, (KADECO).
Play

Belfast adds EU proximity to its list of investment attractions

Damien Martin, Strategic Director of Place and Economy, Belfast City Council.
Play

Pace of investment picks up in Riga as Baltics prep for future

Fredis Bikovs, Director, Riga Investment and Tourist Agency.
Play

Belfast port is now major force in Northern Ireland’s FDI drive

Joe O’Neill, CEO, Belfast Harbour.
Play

Iceland exploits leadership on sustainability and diversity

Eliza Reid, First Lady, Iceland
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MIPIM 2024: ‘Cautious optimism’ the key phrase as markets foresee the upturn

Courtney Fingar and Richard Betts.

Ismail Ersahin, CEO and executive director, World Association of Investment Promotion Agencies (WAIPA)

Guest View

Proposals revealed for $1.3 bn revitalisation of Omani capital

Iceland: a land of opportunity for investors

Courtney Fingar

Iceland aiming to land airport investment

Courtney Fingar

Real asset investors could unlock opportunities in these uncertain times

Courtney Fingar

Paris Region goes for FDI gold

Courtney Fingar

Newcastle sets its sights on social impact

Courtney Fingar

Eindhoven looks to innovate in solving housing puzzle

Courtney Fingar

European logistics real estate markets set to stabilise this year

‘It’s a pivotal moment shaping the future of global investment’

Courtney Fingar

Cambodia tops watchlist of standout FDI locations

‘Conduit’ countries mask steep decline in FDI inflows for 2023, reveals report

Interview: ‘Baku’s hosting of COP29 is an honour, but it’s also a call to action’

Guest View
Play

Vehicle maker’s business case for Polish FDI project explained

Dr Ewa Tabno-Falecka, Mercedes-Benz Manufacturing Poland

Panattoni starts £900m rework of former Honda UK car plant

Panattoni planning €100m project close to Cologne