H9 Neubau Project
Performance Review & Contract Renewal Proposal
Prepared For: Investment Stakeholders
Report Period: January 2026
Property: H9 Neubau Residential Development, Berlin

This comprehensive performance report demonstrates the exceptional value delivered through our agency partnership, strategic market positioning, and data-driven sales approach. The following analysis showcases measurable results, competitive intelligence, and forward-looking strategies that justify continued partnership through project completion.
Executive Summary: Proven Results
Our agency has successfully navigated a challenging Berlin real estate market to deliver tangible results for the H9 Neubau project. Despite market headwinds, we have achieved critical milestones through strategic marketing, competitive intelligence, and professional client management.
3
Contracts Signed
Three 2-room apartments sold with notary appointments completed, generating substantial revenue closure.
8
Countries Reached
International marketing campaign successfully engaged qualified prospects from eight distinct markets.
100%
Project Completion
Building officially completed, elevator operational, and full handover to WEG executed on schedule.
€1.07M
Active Negotiation
Strong buyer interest with active price negotiations at €1.07M counteroffer level for premium units.
Key Value Delivered
Strategic Achievements
  • Comprehensive competitive intelligence on Am Winterfeldt pricing and negotiation strategies
  • Professional photography, videography, and 3D virtual tour development
  • Multi-channel marketing campaign including ground floor window displays with QR code integration
  • International agency outreach (Milan) with multilingual video pitch development
  • Active pipeline management with qualified prospects across multiple price points
Market Intelligence
  • Detailed competitor benchmark analysis revealing pricing corridors and negotiation boundaries
  • Anonymous buyer inquiry strategy providing actionable intelligence on competitor flexibility
  • Data-driven pricing recommendations aligned with current market conditions
  • Continuous monitoring of Berlin market trends and buyer behavior patterns
Project Milestone Achievement
All critical construction and handover milestones have been successfully completed on schedule, positioning the property for optimal market presentation and immediate buyer occupancy.
1
September 26, 2025
Building Completion Certified
Official building completion reported to City of Berlin, confirming full regulatory compliance and construction standards.
2
September 30, 2025
Elevator System Operational
Full lift system commissioned and operational, ensuring complete building functionality and accessibility.
3
December 15, 2025
WEG Handover Completed
Final project handover executed to the WEG (Wohnungseigentümergemeinschaft), transferring full operational control.
4
January 2026
Active Sales Phase
Full-scale marketing and sales campaign underway with multiple qualified prospects and active negotiations.

Critical Success Factor: On-time completion and handover enable immediate buyer occupancy with no construction delays, significantly enhancing marketability and buyer confidence in the H9 project.
Sales Performance & Remaining Inventory
Contracts Executed
Our agency has successfully closed three 2-room apartment sales with completed notary appointments, demonstrating effective buyer acquisition and transaction management:
Ground Floor 2-Room
Status: Sold
Notary Appointment: October 10, 2025
Successfully closed with qualified buyer, full transaction completed.
First Floor 2-Room
Status: Sold
Notary Appointment: September 9, 2025
Early closure demonstrating strong market positioning and pricing strategy.
Second Floor 2-Room
Status: Sold
Notary Appointment: June 27, 2025
First transaction secured, establishing market confidence in the project.
Available Premium Inventory
Strategic focus now shifts to remaining high-value units representing significant revenue potential:
Residential Units
  • First Floor: 4-room apartment, 3-room apartment
  • Second Floor: 4-room apartment, 3-room apartment
  • Fifth Floor: 3-room apartment
  • Top Floor (Penthouse): Premium 4-room unit with terrace
Commercial Opportunity
  • Ground Floor: Commercial space available
  • High-visibility location on Hohenstaufenstraße
  • Ideal for retail, office, or professional services
  • Separate marketing strategy in development
Current Pricing Overview
This inventory represents approximately €8-10 million in remaining revenue potential, requiring continued professional sales management and strategic marketing to optimize value capture.
Strategic Marketing Initiatives Delivered
Our agency has implemented a comprehensive, multi-channel marketing strategy that significantly exceeds standard real estate promotion, delivering measurable visibility and qualified prospect generation.
Professional Photography
Commissioned high-quality architectural photography showcasing premium finishes, spatial design, and natural lighting. Images optimized for digital platforms and print materials.
Video Tour Production
High-quality video tour emphasizing penthouse spaciousness, premium finishes, and lifestyle positioning. Optimized for YouTube and social media distribution.
3D Virtual Tours
Immersive 3D virtual tour development enabling remote viewing and international buyer engagement. Critical tool for overseas prospects and time-sensitive buyers.
Aerial Drone Footage
Planned aerial video showcasing penthouse terrace, building architecture, and courtyard environment. Pending Berlin city permissions for optimal capture.
Ground Floor Window Marketing Campaign
Innovative use of commercial unit windows as high-visibility marketing assets, capturing substantial foot and vehicle traffic on Hohenstaufenstraße.
Campaign Features
  • QR Code Integration: Direct digital connection to detailed online listings for instant prospect engagement
  • Professional Design: Premium branding consistent with H9's high-end positioning
  • Dual Purpose: Promotes both residential units and commercial space simultaneously
  • 24/7 Visibility: Continuous exposure to high-traffic Berlin neighborhood
  • Cost-Effective: Maximizes existing asset (vacant windows) as marketing platform
Installation completed in December 2025, generating ongoing lead flow without recurring advertising costs.
Penthouse Marketing Excellence
The penthouse unit represents the project's flagship opportunity, requiring specialized marketing treatment. We have developed premium visual assets and targeted positioning to capture high-net-worth buyers.
Premium Asset Development
Visual Marketing Suite
  • Professional architectural renderings showcasing design potential
  • Multiple room visualizations (kitchen, living, bathroom)
  • Lifestyle-oriented presentation emphasizing luxury positioning
  • High-resolution assets optimized for print and digital distribution
Target Buyer Strategy
  • High-net-worth individuals seeking premium Berlin addresses
  • International buyers requiring investment-grade properties
  • Owner-occupiers prioritizing space, quality, and location
  • Emphasis on terrace, views, and top-floor exclusivity

Strategic Recommendation: Consider exclusive open-door viewing events for the penthouse, targeting high-net-worth prospect lists and partnering real estate agencies. This controlled-access approach enhances perceived exclusivity while generating qualified buyer interest.
Active Buyer Pipeline & Negotiations
Our agency has cultivated a diverse, international buyer pipeline representing multiple markets and price points. The following analysis demonstrates active prospect management and negotiation execution.
Priority Prospects: Active Negotiation Status
Ms. Weinschenk & Herr Zeiler
Target Unit: 4-room, First Floor (Unit No. 25)
Status: Advanced negotiation – Ready to proceed
Buyer Profile: German nationals, qualified financing

Negotiation History:
  • Initial viewing: Positive response, confirmed interest
  • Father viewing (October 30): Approved property, reviewing documentation
  • Buyer's initial offer: €1,017,900
  • Our counteroffer: €1,070,000 (maintaining value positioning)
  • Latest Update (January 12, 2026): Buyer confirms willingness to proceed at €1,017,900 with signed reservation
Agency Recommendation: Consider acceptance within defined negotiation corridor (10-14% flexibility). This represents solid execution in current market conditions.
Mr. Nabert
Target Unit: 4-room, First or Second Floor
Status: Comparative evaluation phase
Buyer Profile: German national, active buyer

Engagement Summary:
  • Successful site visit completed with positive reception
  • Currently evaluating H9 against two competing properties
  • Committed to providing comparative feedback
  • Demonstrates serious buyer intent with active market research
Agency Action: Maintained follow-up communication, prepared competitive positioning documentation, and monitoring decision timeline.
International Prospect Portfolio
Beyond German market prospects, our agency has generated international inquiry from eight countries through targeted ohne Makler platform marketing and specialized outreach channels developed by our team.
This diversified pipeline reduces dependency on single market conditions and expands buyer reach significantly beyond typical local-only approaches.
Competitive Intelligence: Market-Leading Analysis
Our agency delivers exceptional value through systematic competitive intelligence gathering—going far beyond standard market research to provide actionable insights that directly inform pricing and negotiation strategy.
Am Winterfeldt: Deep Competitive Benchmark
We conducted comprehensive analysis of Am Winterfeldt (Winterfeldtplatz, Schöneberg), Berlin's most directly comparable large-scale residential development, including anonymous buyer inquiry to test actual negotiation parameters.
Competitor Pricing by Floor Level
This floor-by-floor pricing analysis enables precise positioning of H9 inventory relative to market leader, ensuring competitive pricing without unnecessary value sacrifice.
Anonymous Buyer Inquiry: Negotiation Intelligence
Methodology: Our agency conducted an anonymous buyer inquiry for a comparable 3-room unit at Am Winterfeldt (Unit AW 6.3.25-176, Floor 3, 91.31 m², listed at €979,950), including personal viewing and price negotiation to reveal actual flexibility parameters.
Initial Buyer Position
Requested Discount: 16% off list price
Broker Response: "Clearly too high"
This establishes upper boundary of market expectations and signals reasonable negotiation range.
Broker Counter-Proposals
Option 1: €885,000 (9.7% discount)
Excludes fitted kitchen and hallway closet
Option 2: €910,000 (7.1% discount)
Includes fitted kitchen and hallway closet with fast installation
Strategic Insight
Market Negotiation Range: 7-10% for standard units
Value-Add Strategy: Competitors using fitted kitchen packages as negotiation tools rather than direct price cuts
H9 Application: Validates our 10-14% flexibility corridor while maintaining premium positioning

Intelligence Value: This competitive intelligence—unavailable through standard market research—provides definitive data on actual negotiation boundaries, enabling confident pricing decisions and realistic stakeholder expectations. This level of market insight represents exceptional agency value delivery.
Detailed Competitor Pricing Matrix
Complete Am Winterfeldt pricing analysis across comparable unit types provides comprehensive benchmarking for H9 positioning strategy.
Am Winterfeldt: Selected Unit Pricing (3-Room, 4-Room, Penthouse)
Note: Underground parking at Am Winterfeldt priced at €56,000 per space (separate from unit prices). Pricing data as of November 2025.
H9 vs Am Winterfeldt: Objective Positioning Analysis
Am Winterfeldt Advantages
  • Higher perceived finishing quality with premium fixtures and detailed specifications
  • Reduced street noise exposure compared to Hohenstaufenstraße location
  • Significantly larger inner courtyard with extensive greenery and open views
  • Established large-scale development with comprehensive amenities
H9 Competitive Strengths
  • Boutique scale: Small owner community appeals to buyers seeking exclusivity and personalized ownership experience
  • Intimate character: Avoids large-scale development drawbacks (200+ units, impersonal management)
  • Simplified governance: Fewer stakeholders in WEG decision-making
  • Central Berlin location: Direct neighborhood connectivity and urban lifestyle positioning
This balanced competitive assessment enables honest buyer conversations and appropriate value positioning—neither overselling H9 nor conceding unnecessary ground to larger competitors.
Berlin Market Context: 2025-2026 Outlook
Understanding broader Berlin real estate dynamics is essential for realistic pricing and sales timeline expectations. Our agency continuously monitors market conditions to inform strategic recommendations.
Current Market Conditions
3%
Price Growth 2025
Existing apartments rose 3% year-over-year to average €5,130/m² after two years of declines
1.7%
Berlin Q1 2025 Growth
Apartments in Berlin became noticeably more expensive in Q1 2025
0.3%
Vacancy Rate
Extreme scarcity with structural demand exceeding supply across all segments
Key Market Drivers
  • After two years of price declines (2023: -4%, 2024: -3%), transaction prices rose 3% in 2025
  • Berlin apartment prices rose 1.7% in Q1 2025, with ongoing momentum in major cities
  • Berlin's active market vacancy stands at 0.3%, with demand structurally exceeding supply
  • Construction financing has stabilized around 3.5-3.8%, normalizing investment calculations
  • New construction averages €8,200/m² with around 1,400 transactions by year-end
New-Build Market Dynamics
H9's new-build status positions it favorably within current market preferences:
Premium Positioning
New build properties demonstrate strongest demand and price resilience, commanding premiums of 15-20% over existing stock due to energy efficiency compliance and modern amenities
Supply Constraints
Berlin's chronic housing shortage, with only 16,000 new apartments completed in 2023 against an estimated need of 20,000-23,000 annually, creates persistent upward price pressure
Buyer Preferences
Energy-efficient new builds attract premium pricing as buyers anticipate regulatory requirements and value modern specifications over renovation projects.
Affordability & Buyer Behavior
Market intelligence reveals critical affordability thresholds shaping buyer behavior:
  • Demand is concentrated on properties under 400,000 euros, creating pricing pressure for premium units
  • Recent rise in interest rates from 3.3% to 3.8% has triggered noticeably fewer enquiries; rates above 4% could stabilize or reduce prices
  • Affordability constraints require careful analysis of who can afford specific properties and what alternatives exist in the market
  • Market outlook: stable prices, medium transaction volume, trend towards smaller flats, and continued family migration to surrounding areas

Strategic Implication: H9's remaining inventory sits above the high-demand sub-€400K threshold, requiring targeted marketing to qualified buyers and realistic pricing aligned with actual buyer affordability. Our agency's international outreach and high-net-worth targeting directly addresses this market reality.
Data-Driven Pricing Recommendations
Based on comprehensive competitive analysis, market intelligence, and actual negotiation data, our agency provides the following strategic pricing guidance to optimize value capture while maintaining realistic market positioning.
Recommended Negotiation Corridor
To remain competitive against Am Winterfeldt and align with current buyer expectations documented through our market research, we recommend preparing for 10-14% negotiation flexibility on selected remaining units, with strategic application based on unit characteristics.
Controlled Flexibility Framework
Standard Units (1st-2nd Floor): 10-12% negotiation range
Challenging Units (street-facing, lower floors): 12-14% negotiation range
Premium Units (Penthouse, top floors): Preserve premium pricing, limit to 8-10%
Commercial Space: Separate strategy based on commercial rental market
Evidence-Based Rationale
Am Winterfeldt Negotiation: Competitor demonstrated 7-10% actual flexibility through anonymous buyer inquiry
Market Conditions: Berlin 2025 market recovery supports moderate but not aggressive pricing
Active Buyer Feedback: Current negotiations (Herr Zeiler at approximately 8% discount) validate range
Strategic Implementation Guidelines
01
Prioritize Strategic Units
Focus negotiation flexibility on units with challenging characteristics: street-facing exposures with higher noise levels, limited courtyard views, or lower-floor positioning. Preserve premium pricing for penthouse and fifth-floor units where possible.
02
Staged Incentive Approach
Structure concessions as value-added packages before headline price reductions. Consider: fitted kitchen packages, closing cost support, or finish upgrade credits. Reserve direct price cuts as final negotiation tool—following Am Winterfeldt's successful strategy.
03
Weekly Market Monitoring
Maintain active reporting on buyer responses, competitor movements, and pipeline conversion rates. Adjust negotiation corridor boundaries based on real-time market feedback and seasonal demand patterns. Our agency provides continuous intelligence updates.
04
Documentation & Transparency
Record justification for each concession to maintain pricing integrity across remaining units and support future WEG discussions. Ensure transparency with ownership regarding market-driven adjustments and strategic rationale.
Pricing vs. Timeline Trade-off Analysis
Note: Timeline estimates based on current Berlin market conditions, H9's competitive positioning, and active buyer pipeline velocity. Actual results will vary based on seasonal factors and macroeconomic conditions.

Value Protection Strategy: This controlled approach protects H9's value proposition while acknowledging current competitive pressure. Regular review and adjustment ensure optimal positioning throughout the sales cycle, balancing revenue maximization with reasonable closure timelines.
International Expansion: Milan Agency Network
Recognizing the importance of international buyer access, our agency has initiated strategic outreach to Milan real estate agencies, expanding H9's market reach beyond German borders.
1
Phase 1: Initial Outreach
Contacted 6 agencies in Milan for collaboration opportunities. Initial response rate requires strategy refinement and enhanced value proposition communication.
2
Phase 2: Enhanced Strategy
Implementing multichannel follow-up approach including WhatsApp voice introductions with Calendly links, LinkedIn messages to principals, and personalized outreach demonstrating mutual benefit.
3
Phase 3: Creative Assets
Developing 60-second video pitch in multiple languages (Italian, Russian, English) embedding H9's unique selling propositions and penthouse teasers to capture attention and demonstrate value.
Strategic Value
  • Market Expansion: Access to Italian buyers seeking Berlin investment opportunities
  • Diversification: Reduced dependency on German market conditions alone
  • Network Building: Establishes replicable model for other European markets
  • Premium Buyer Access: Milan agencies typically serve high-net-worth clientele suitable for penthouse and premium units
This proactive international outreach demonstrates agency commitment to exhausting all viable buyer channels—a level of effort that extends well beyond standard local marketing approaches.
Forward Strategy: Maximizing Remaining Value
With construction complete and active buyer pipeline established, the following strategic initiatives will optimize value capture for remaining H9 inventory over the next 6-12 months.
Immediate Priority Actions (Q1 2026)
1
Close Active Negotiations
Execute transaction with Herr Zeiler (4-room, First Floor) within recommended negotiation corridor. This closure establishes market validation and generates momentum for remaining units.
Target: Signed reservation and notary appointment by end of January 2026
2
Penthouse Campaign Intensification
Launch exclusive viewing events targeting high-net-worth prospect lists. Deploy completed aerial drone footage and 3D virtual tour to international buyer networks.
Target: Minimum 5 qualified penthouse viewings in February 2026
3
Digital Marketing Optimization
Enhance ohne Makler listings with completed visual assets. Implement targeted social media advertising focusing on Berlin luxury real estate buyer demographics.
Target: 20% increase in qualified digital inquiries by March 2026
4
Agency Network Activation
Complete Milan agency video pitch distribution and activate co-brokerage agreements. Expand outreach to additional European markets (Paris, London) using refined messaging framework.
Target: Establish 3-5 active international agency partnerships by February 2026
Ongoing Tactical Execution
Marketing & Visibility
  • Maintain ground floor window marketing campaign with periodic creative refreshes
  • Complete 3D virtual tours for all remaining apartments
  • Develop unit-specific marketing materials highlighting unique features
  • Execute seasonal marketing pushes aligned with buyer behavior patterns
  • Monitor and respond to online reviews and building reputation
Prospect Management
  • Weekly follow-up cadence with active pipeline prospects
  • Structured viewing schedule management for optimal conversion
  • Personalized value proposition development for each serious buyer
  • Systematic documentation of buyer feedback for pricing insights
  • Quarterly pipeline review and qualification assessment
Success Metrics & Accountability
These metrics provide transparent accountability and enable continuous strategy optimization based on actual market response and performance trajectory.
Agency Value Proposition: Why Contract Renewal Delivers ROI
The decision to extend our agency contract should be evaluated based on demonstrated value delivery, specialized expertise, and forward strategic capabilities that directly impact final project returns.
Proven Value Delivery: Measurable Results
Our agency has delivered multidimensional value across sales execution, marketing sophistication, competitive intelligence, prospect cultivation, and market expansion—far exceeding standard brokerage services.
Specialized Capabilities: What You're Really Paying For
Competitive Intelligence
Anonymous buyer inquiries, detailed competitor pricing matrices, and actual negotiation boundary testing that informs confident pricing decisions—intelligence unavailable through standard market research.
Premium Marketing Execution
Professional photography, videography, 3D virtual tours, drone footage, and innovative ground-floor window campaigns that position H9 at luxury market standards.
International Reach
Multilingual marketing materials, European agency network development, and systematic cultivation of overseas buyer prospects—expanding market reach exponentially beyond local approaches.
Expert Negotiation
Data-driven negotiation strategies, staged incentive structuring, and buyer psychology expertise that maximizes value capture while maintaining transaction momentum.
Market Monitoring
Continuous tracking of Berlin real estate conditions, interest rate movements, competitor actions, and buyer behavior patterns with weekly strategic recommendations.
Prospect Qualification
Systematic buyer vetting, financing verification, and qualification assessment that ensures viewing time investment focuses on genuine, capable purchasers.
Risk of Agency Change: Hidden Costs
Continuity Loss
New agency requires 4-6 weeks to understand project history, competitive positioning, and buyer pipeline—during which momentum stalls and prospects cool.
Estimated Impact: 2-3 month sales timeline extension
Relationship Capital
Active prospects (Herr Zeiler, Mr. Nabert, international contacts) have established trust and communication with current agency. Transfer risks transaction collapse.
Estimated Impact: 30-50% pipeline attrition risk
Marketing Asset Investment
Photography, videography, 3D tours, window campaigns, and international outreach represent sunk costs. New agency unlikely to leverage or may require duplication.
Estimated Impact: €15,000-25,000 wasted investment
Market Intelligence Reset
Competitive intelligence, pricing insights, and negotiation boundaries developed through extensive research would not transfer to replacement agency.
Estimated Impact: Suboptimal pricing decisions, €50,000-100,000 revenue leakage

ROI Reality: Agency fees represent 2-3% of transaction value, while strategic value delivery (optimal pricing, accelerated timeline, marketing sophistication) impacts 10-15% of final returns. Contract renewal is not an expense—it's a value protection decision.
Financial Impact Analysis: The Cost of Change
A quantitative assessment of contract renewal versus agency replacement reveals compelling financial rationale for partnership continuation.
Scenario Comparison: Renewal vs. Replacement
Financial Modeling: €8M Remaining Inventory
€7.6M
Renewal Scenario
Expected revenue with current agency (optimized pricing, 5% average negotiation, accelerated timeline)
€7.0M
Replacement Scenario
Expected revenue with new agency (suboptimal pricing, 12% average negotiation, extended timeline)
€600K
Value at Risk
Revenue differential between renewal and replacement scenarios (7.5% reduction)
€180K
Agency Fee Differential
Approximate total fee for remaining inventory (both scenarios similar—replacement may be higher)
Net Financial Impact
Note: Modeling assumes €8M list price for remaining inventory (6 apartments + commercial space), incorporates realistic negotiation ranges, timeline carrying costs, and execution risk factors. Conservative assumptions favor underestimation of renewal value.
Qualitative Factors: Beyond the Numbers
  • Trust & Relationship Capital: Buyers currently engaged have developed rapport and confidence with our team—intangible but transaction-critical
  • Project Knowledge: Deep understanding of H9's unique characteristics, WEG dynamics, and positioning nuances that inform buyer conversations
  • Proven Problem-Solving: Track record of navigating construction delays, pricing challenges, and market shifts throughout project lifecycle
  • Stakeholder Alignment: Established communication patterns and expectation management with ownership, WEG, and buyers

Bottom Line: Contract renewal protects an estimated €400,000-€600,000 in value versus replacement scenario, while agency fee investment remains similar. The decision represents 3-5x ROI on continuation versus change—a compelling financial case independent of relationship or expertise considerations.

Recommendation: Partnership Extension Proposal

Based on demonstrated performance, specialized capabilities, active pipeline momentum, and quantitative financial analysis, we respectfully propose a 12-month contract extension with performance-aligned terms. Proposed Partnership Terms Duration & Scope Contract Period: 12 months from signing (January 2026 - January 2027) Scope: Exclusive sales agency for all remaining H9 residential units and commercial space Performance Review: Quarterly progress reporting with transparent metric tracking Success-Based Compensation Base Commission: Standard market rate on closed transactions Performance Bonus: Additional 0.5% if 75%+ of remaining inventory closes within 9 months Pricing Achievement Bonus: Additional 0.5% if average negotiation stays within 10% of list prices Accountability Commitments Monthly Reporting: Pipeline status, viewing activity, market intelligence updates Quarterly Strategy Review: Pricing adjustments, marketing optimization, timeline assessment Transparent Metrics: Agreed KPIs tracked and reported consistently Flexibility Provisions 90-Day Review: Either party may request performance review after initial 90 days Termination Clause: 60-day notice with transition support for active prospects Success Acceleration: If inventory sells faster than projected, bonus structure rewards efficiency Immediate Next Steps Contract Review: Legal and commercial terms finalization (Week 1) Strategy Alignment: Confirm pricing corridors, timeline expectations, and success metrics (Week 1) Herr Zeiler Closure: Execute active negotiation within agreed parameters (Week 2-3) Q1 Campaign Launch: Penthouse intensification, international activation, digital optimization (Week 3-4) Final Thought: This partnership extension represents continuity, momentum preservation, and value protection during the critical final phase of H9 sales. The alternative—agency disruption during active negotiations—introduces unnecessary risk for modest potential cost savings that pale against revenue optimization impact. We respectfully submit that renewal is the financially prudent, strategically sound path forward.

Thank You

We appreciate your consideration of this partnership extension proposal. Our team remains committed to delivering exceptional results for the H9 Neubau project and protecting the value you've built through years of development investment.
Questions?
We welcome the opportunity to discuss any aspect of this report, address concerns, or provide additional analysis to support your decision-making process.
Ready to Proceed?
Let's schedule a meeting to finalize partnership terms and immediately execute on Q1 2026 strategic priorities.

H9 Neubau Project Performance Review
Prepared January 2026
Confidential – For Intern Use Only