MLP Group launches new business park in Castrop-Rauxel

MLP Group is set to strengthen its foothold in the strategic German market with the launch of its third business park in the Ruhr Area. Located in Castrop-Rauxel, the new development will transform a 14.6-hectare post-industrial site into a cutting-edge business center offering 57,000 square meters of sustainable, flexible space.

The project marks MLP Group’s sixth investment in Germany and builds on its success in the Ruhr Area, where it operates parks in Unna and Gelsenkirchen. The new Castrop-Rauxel facility is modeled after the innovative MLP Business Park Schalke concept in Gelsenkirchen.

“Germany is our strategic direction for expansion. It’s the largest market in Europe with immense growth potential. Recently, we successfully launched our first green bond offering, raising €300 million, a significant portion of which will support further development in this country,” said Radosław T. Krochta, CEO of MLP Group S.A.

The Castrop-Rauxel business park will include 55,000 square meters of warehouse space and 2,000 square meters of office space. The development is designed to meet the highest environmental standards, aiming for at least DGNB Gold certification. Sustainable features include photovoltaic systems, green roof elements, heat pumps for heating, and advanced water and energy management systems.

“This project perfectly aligns with our strategy for the German market. Located in the heart of the Ruhr Area, it offers excellent logistics infrastructure and proximity to key transport routes. The park is designed to accommodate a variety of business activities, including data centers,” explained Martin Birkert, Chief Country Officer Germany at MLP Group.

The business park will offer modular units ranging from 1,000 to 10,000 square meters, catering to light industry, warehousing, logistics, and other business needs. The flexibility of the design ensures adaptability for tenants, including those requiring specialized spaces such as data centers.

The project has garnered strong support from local authorities. Jens Langensiepen, Managing Director at Wirtschaft & Marketing Castrop-Rauxel GmbH, praised the revitalization of the brownfield site, noting its importance for commercial development in the area.

“Like many Ruhr Area cities, Castrop-Rauxel was once shaped by the coal and steel industries. Today, free commercial space is scarce, and this project unlocks much-needed potential for new business settlements. We look forward to collaborating with MLP Group to bring this site to fruition,” Langensiepen stated.

Strategically located on Wartburgstraße 81, the site offers tenants unparalleled connectivity. It is within 3 km of major highways (A2, A42, A43, and A45) and just 800 meters from a four-lane federal road providing direct access to the city center. Nearby logistics hubs, including facilities operated by Dachser, UPS, and IKEA, further enhance its appeal. Dortmund Airport is just 34 km away, offering convenient access for domestic and international logistics.

The transaction was arranged by NAI Apollo, with legal support from Goodwin Law and tax consulting from Berkers & Cie. MLP Group will retain and manage the completed business park as part of its build-and-hold strategy, ensuring long-term value and tenant support.

This latest investment underscores MLP Group’s commitment to delivering high-quality, sustainable logistics and industrial real estate solutions in prime European locations. With the Castrop-Rauxel project, MLP Group continues to drive innovation and growth in Germany’s dynamic Ruhr Area.