Atvexa has signed contracts for the development of three new preschools in Germany with a total capacity of 200 preschool pupils. The projects are managed in close partnership with real estate developers, city councils and regional governments in Hamburg and Bavaria and are planned to be completed by 2023-24. Germany needs half a million new preschool places by 2030 to meet the current demand.

The places are needed across the country and the Scandinavian model, with focus on pedagogy and learning for smaller children has generated great interest among decision-makers in cities and regions. Atvexa has decided to focus on three regions - Hamburg, Bayern and Baden Württemberg - where the conditions to become successful are favorable.