Saturday, 16 August 2025
CTP, a listed European developer and operator of industrial and logistics real estate, has announced plans to construct a build-to-suit logistics facility for Westenergie AG, a subsidiary of E.ON SE, at CTPark Mülheim in North Rhine-Westphalia, Germany.
The new facility will cover approximately 12,000 square meters of rental space. Westenergie AG will consolidate two metering business units from Essen-Kettwig and Mülheim into the building, which will include office areas, a logistics center for metering device technology, and a state-approved test center for metering devices. The company has signed a long-term lease for the premises.
CTPark Mülheim occupies a brownfield site previously used as an industrial rolling mill, acquired by CTP from Vallourec in 2023. The developer is transforming the 335,000 square meter site into a business park intended to offer over 160,000 square meters of space for research and development, laboratories, co-working, industrial, and logistics facilities. Target industries include life sciences and IT manufacturing.
The location of CTPark Mülheim in the Rhine-Ruhr metropolitan region provides direct access to several major highways and is in proximity to cities such as Düsseldorf, Duisburg, Dortmund, and Essen. The site is also connected to logistics networks serving Belgium and the Netherlands, including major ports like Amsterdam, Antwerp, and Rotterdam.
Bernd Böddeling, Senior Vice President Energy Networks Germany at E.ON and CEO of Westenergie AG, noted that the new building will support future growth in the region. Marc Buchholz, Mayor of Mülheim an der Ruhr, said that E.ON’s presence signals the area’s attractiveness for high-growth businesses.
Timo Hielscher, Managing Director M&A at CTP Deutschland, stated that the development reflects CTP’s focus on repurposing brownfield sites and leveraging the potential of the Rhine-Ruhr region.
CTP aims to achieve DGNB Gold certification for sustainable construction at the site, including the installation of a photovoltaic system to support a fossil-free energy supply. Completion of the project is expected in the third quarter of 2027. Brockhoff & Partner and the city of Mülheim an der Ruhr are also involved in the project.
