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Erlangen City Council gives green light to Siemens Campus

State of Bavaria and city of Erlangen endorse new Siemens Campus

By 2030, Siemens plans to build a modern, sustainably designed Siemens Campus on the existing Siemens site on the south side of Erlangen that will have an enduring impact on the cityscape for decades to come. Over 320,000 square meters of new office space, at least 100,000 square meters of new residential space, a hotel with business center and serviced apartments, as well as leisure, sports, restaurant and shopping facilities are to be developed on the Campus site over the next few years.
In an initial selection procedure, Siemens, together with the City of Erlangen, has preselected twelve German firms of architects to take part in the architectural design competition which is now being launched. In early 2015, a panel of judges will reach a verdict on the designs. Following the subsequent development planning process, construction is scheduled to begin at the end of 2016.

This press release, together with other information on this topic, can be found at www.siemens.com/presse/siemens-campus.
As a leading corporate real estate company, Siemens Real Estate is responsible for all of Siemens' real estate activities. This includes the management of its property portfolio, the optimization of space, the control of real estate operations, including all real-estate-related services, leasing and selling, and the planning and implementation of all Siemens construction projects. In the fiscal year 2013, Siemens Real Estate, which has approximately 1,500 employees in real-estate-specific functions, generated a turnover of around EUR 2.5 billion. Operating profits stood at EUR 171 million. Further information is available on the internet at: www.siemens.com/sre

Siemens AG (Berlin and Munich) is a global powerhouse in electronics and electrical engineering, operating in the fields of industry, energy and healthcare as well as providing infrastructure solutions, primarily for cities and metropolitan areas. For over 165 years, Siemens has stood for technological excellence, innovation, quality, reliability and internationality. The company is one of the world's largest providers of environmental technologies. Around 43 percent of its total revenue stems from green products and solutions. In fiscal 2013, which ended on September 30, 2013, revenue from continuing operations totaled €75.9 billion and income from continuing operations €4.2 billion. At the end of September 2013, Siemens had around 362,000 employees worldwide on the basis of continuing operations. Further information is available on the Internet at: http://www.siemens.com.
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Contact

Guido Jagusch

Siemens AG

Wittelsbacherplatz 2
80333 Munich
Germany

+49 (89) 722-750091