CTP, Europe’s largest publicly listed owner, developer and manager of logistics and industrial properties, is developing a tailor-made build-to-suit logistics property for Westenergie AG, the largest subsidiary of E.ON SE. The property is at CTPark Mülheim in North Rhine-Westphalia, on the border with Duisburg and Essen.
The project highlights CTPark Mülheim’s transformation into a major high-tech business park that is already attracting leading companies before completion. CTP acquired the 335,000 m² site from French multinational manufacturer Vallourec at the end of 2023. The developer is turning the former industrial rolling mill into an innovative, modern business park. It will provide more than 160,000 m² for research and development, laboratories, co-working, and industrial and logistics space for companies in fast-growing, technology-focused sectors such as life sciences and IT manufacturing.
Westenergie AG’s new property will comprise around 12,000 m² of lettable space, which the company has leased long term. Two metering business units will move into the new building from Essen-Kettwig and Mülheim. The site will also include modern workplaces, a logistics centre for metering technology and a state-approved testing facility for meters.
CTPark Mülheim is at the heart of the Rhine-Ruhr metropolitan region, one of Europe’s largest conurbations. It has excellent access to the A2, A3, A42, A52 and A59 motorways, providing quick connections to Düsseldorf, Duisburg, Dortmund and Essen. The park is also close to Belgium and the Netherlands, with the major ports of Amsterdam, Antwerp and Rotterdam within easy reach. Bernd Böddeling, Senior Vice President Energy Networks Germany at E.ON and Chairman of Westenergie AG, says: “The new building in Mülheim creates the conditions for further growth in a dynamic region whose outstanding location and transport links speak for themselves.”
Marc Buchholz, Mayor of Mülheim an der Ruhr, comments: “E.ON’s arrival at the new industrial and business park is a strong first signal for the location and highlights the region’s appeal to fast-growing companies. We are delighted to welcome an international player such as E.ON to Mülheim.”
Timo Hielscher, Managing Director M&A at CTP Germany, says: “The planned new location for E.ON subsidiary Westenergie in Mülheim an der Ruhr is a success for the region and CTP, and shows we have a good instinct for identifying outstanding locations. The Rhine-Ruhr region has great appeal and considerable potential, which we aim to unlock with the new business park. Another benefit for the municipality is that we do not need to build on greenfield land: we can reuse and refurbish existing sites. We thank E.ON and the city for their support and look forward to continuing our cooperation.”
CTP is aiming for DGNB Gold certification for CTPark Mülheim, using sustainable construction methods that conserve resources. A photovoltaic system is also planned to ensure fossil-free energy supply. Completion is scheduled for the 3rd quarter of 2027.
Brockhoff and the City of Mülheim an der Ruhr are among those involved in developing the project.
Image credit: Helena Grebe, City of Mülheim an der Ruhr
Picture (from left to right)
Back:
Tobias Altenbeck (Managing Director, Brockhoff GmbH)
Lars Satthoff (Regional Construction Director, CTP Invest Germany GmbH)
Dr Marc Stienemann (E.ON Corporate Real Estate Management)
Marc Buchholz (Mayor, City of Mülheim an der Ruhr)
Felix Blasch (Head of Environment, Climate, Construction, Urban Planning and Economic Development, City of Mülheim an der Ruhr)
Front:
Bernd Böddeling (E.ON / Westenergie AG)
Timo Hielscher (Managing Director M&A, CTP Invest Germany GmbH)
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Brockhoff GmbH is one of Germany’s leading commercial real estate brokers and the market leader in the Ruhr region. The owner-managed company, based in Essen, was founded by Eckhard Brockhoff in 1987 and has extensive expertise in marketing properties across the OFFICE, INVEST, RETAIL and LOGISTICS sectors, backed by 35+ years of real estate experience. Its portfolio includes the nationwide sale of office and investment properties, office leasing focused on the Ruhr region, brokerage of retail properties in prime 1A locations in German cities of all sizes, and the leasing and sale of logistics properties. In 2021, ADOMO acquired a 41% stake in Brockhoff. The remaining 59% is still held by the founder and Managing Partner Eckhard Brockhoff.