🚀CTP will start the new year with a bold new #brownfield project: a 700 million EUR investment in 830,000 sqm industrial site in Düsseldorf purchased from Vallourec. This is the largest single-plot acquisition CTP has made in its history. Our team will revitalise the inner-city site's potential to host new facilities to support a wide range of industries, including manufacturing, R&D, and logistics, in addition to on-site clean energy production. 📈 This site is an answer to the high demand the German market is experiencing for high-quality, sustainable and amenity-rich industrial and logistics parks amid growth in new sectors, such as semi-conductor and clean-tech, and rising demand from occupiers for more sustainable buildings to meet their own ESG targets. Since we entered the German market in 2022, we have been strengthening our abilities with brownfield developments and hiring experienced local talent, as it is central to our strategy in the German market🏆 This is CTP's second acquisition from Vallourec: in December 2023 CTP purchased a 335,000 sqm site in Mülheim an der Ruhr from the pipe manufacturer which we have actively been revitalising the last year into a variety of units, ranging from 2,000 sqm to 20,00 sqm. You may see this project's progress here: https://lnkd.in/eArrBx9Y Timo Hielscher, Managing Director M&A comments: 💬 “We would like to thank the City of Düsseldorf for the trusting collaboration and are already looking forward to advancing the development of CTPark Düsseldorf in the coming year. This is in addition to numerous other projects in our well-filled pipeline.” We're thrilled to breathe new life into the site and help boost the region's economy. Two recent deals we recently announced in Germany include one with vombaur GmbH & Co KG, a local family-owned high-tech textile business, and Quanta Computer Inc. 廣達電腦, a Taiwan-based semiconductor producer. We look forward to helping more businesses, both local and international for a more resilient future. 🙌 --- 🟧 Read the press release: 🔗 https://lnkd.in/eWWRWhNJ #HelloFuture #RegionalDevelopment #Parkmakers
N in n uni
Impressive Deal, Congratulation to all Involved
Impressive deal!
Fantastische update, gefeliciteerd Remon en Ronald D.
We optimised city logistics
13hVan harte gefeliciteerd met deze deal Remon! More to come...