Germany CTP secures major brownfield site
Land acquisitionsschedule 17 December 2024
Initial enabling work is set to begin on-site in 2025
1 / 1
CTP has agreed to a EUR 155 mln deal to acquire an industrial site spanning over 830,000 sqm in Düsseldorf, North Rhine-Westphalia. The seller is Vallourec, a manufacturer of pipe systems.
The acquisition is the largest single land plot CTP has ever acquired and will see CTP invest over €700 million to transform the inner-city site into a multi-user business park catering to a wide range of industries, including manufacturing, research and development, and logistics. The project aligns with CTP’s strategy to develop as sustainably and resource-efficiently as possible by prioritizing brownfield areas for redevelopment. CTPark Düsseldorf will be developed to attract
Already have an account? Log in
72% of content remaining
Unlock full access to the article
PLN
EUR
Lifetime access to current material
One-time payment, lifetime access.
Choose
Access includes
- Lifetime access to current material
Most popular
EurobuildCEE magazine & online subscription
Access to all EurobuildCEE materials
Monthly
Annually
You save 17% when paying annually
Monthly on one device. Annual payment
Monthly on one device. Monthly payment
Choose
Access includes
- Access to EurobuildCEE magazine edition online & flipbook version
- Exclusive news, comments, articles and interviews with the most important market representatives and experts
- Archive containing data and information from the commercial real estate and construction market in Poland and the CEE region, collected over 27 years;
- Eurojobs
- Eurobuild FM
Strong warehouse sector whilst capital cautious and offices yet to rebound
Strong warehouse sector whilst capital cautious and offices yet to rebound
Newmark Polska
Poland’s commercial real estate market enters 2026 in good health and with solid growth potential. Warehouses remain one of the strongest sectors in Europe, while constrained ...
The end of greenwashing as flex grows in strength
The end of greenwashing as flex grows in strength
Walter Herz
The office sector is entering a period of deeper qualitative and financial scrutiny. Decisions regarding new projects, refurbishments, or leasing are now supported by more thorough ...
The quiet revolution in Małopolska
The quiet revolution in Małopolska
Axi Immo
Developers across the region are increasingly favouring heat pumps and photovoltaic systems over traditional gas boilers in warehouse construction. This shift marks a growing commi ...