Starting signal for 64 million euro project: CTP develops second business park in the Dresden region

Caption: With the CTPark Dresden West, CTP is revitalizing an approx. 96,000 m² brownfield site for the growing semiconductor industry in Saxony. Copyright: CTP Germany.

CTP, Europe's largest listed owner, developer and portfolio holder of logistics and industrial properties, has acquired a plot of land in Dresden's Cossebaude district to begin the development of a modern business park there. CTPark Dresden West is being built as a brownfield project on a plot of around 96,000 m² and comprises approx. 40,000 m² of commercial space and around 10,000 m² of office space, and the realisation of additional commercial-related residential space is currently being examined. The space is designed to meet the needs of companies in the light industrial, technology-oriented manufacturing, pre-production and traditional subcontracting sectors. The offer is aimed in particular at the fast-growing semiconductor industry in Dresden.

The CTPark Dresden West site is located in the northwestern district of the Saxon capital and borders directly on the B6 federal road, and a junction with the A4 motorway can also be reached in just a few minutes. In addition, there is a bus station and the Cossebaude train station in the immediate vicinity.

CTP is realizing the business park on the site of the former VEB Betonleichtbaukombinat Dresden, which was shut down and demolished after the fall of the Berlin Wall. There is also a historic former power station on the property, which is a listed building. This will be renovated as part of the reactivation of the property and developed into a social centre of the commercial district.

"With CTPark Dresden West, CTP closes an urban gap and breathes new life into a historic area. With ideal conditions for promising industries such as the semiconductor industry, the development brings high-quality and sustainable jobs to an up-and-coming district of Dresden. We are looking forward to making the project a success together with all local partners," says Mario Göldenitz, Senior Developer and responsible project manager at CTP Germany.

To ensure sustainable operation, CTP is equipping the park with a photovoltaic system for fossil-free energy generation and rainwater collection systems. With wellbeing areas on the premises as well as efficient use of daylight in the halls for natural lighting, CTP takes social sustainability into account. In the outdoor area, wildflower meadows and extensive green spaces are being created. As for all its new construction projects, the project developer is aiming for DGNB Gold certification for the park.

"Saxony is a growing hotspot for the semiconductor industry – with CTPark Dresden West, we are building the urgently needed modern space for this. As a brownfield developer, we're excited to bring an industrial site steeped in history back to life. Our sincere thanks go to the planning office and the economic development department of the city of Dresden as well as the Cossebaude local council for the cooperative partnership," says Timo Hielscher, Managing Director M&A at CTP Germany.

The next step in the project is the development plan procedure, on the basis of which the commercial areas will then be approved. Construction is scheduled to start in 2027.

The property was brokered by Porzig Immobilien GmbH.

About CTP

CTP is Europe's largest listed owner, developer and manager of logistics and industrial real estate in terms of gross leasable floor area, with 13.4 million square metres of GLA in 10 countries as of 31 March 2025. CTP certifies all new buildings to BREEAM Very good or better and received a "Low-Risk" ESG rating from Sustainalytics, underlining its commitment to sustainability.

For more information, please visit CTP's corporate website: www.ctp.eu

Contact:

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Puyan Ataherian +49 (0)171 6414694 | puyan.ataherian@ctp.eu

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