CTP extends rental agreement with service company for offshore wind turbines in Emden

• Long-term lease agreement with Wind Multiplikator extended
• Service hub for offshore wind farms in Emden offers more than 25,000 square metres of hall space and 28,000 square metres of storage space

Caption: CTP extends rental agreement with Wind Multiplikator in Emden. Copyright: CTP Deutschland.
 
As of 1 January 2024, CTP Deutschland, a portfolio holder, project developer and manager of logistics, commercial and industrial properties, is extending its lease agreement with Wind Multiplikator powered by Semco Maritime for the space in Emden. Wind Multiplikator is a full-service provider specialising in the management of offshore wind farms and projects as well as the provision of engineering and consultancy services. The company employs a total of 290 people at its Emden operations centre and its Bremen site. With the long-term extension of the contract, Wind Multiplikator is securing its location in Lower Saxony for the future.

CTP Deutschland is providing the company with more than 25,000 square metres of hall space and 28,000 square metres of storage space for its operations centre in Emden, which has an operating area of 167,000 square metres. This is where the repair and storage of large components and material management take place. The site also has a 450-tonne gantry crane and direct access to the North Sea.

"In view of our continued positive development, extending the lease agreement with CTP Germany in Emden was only a logical step for us," comments Michael Munder-Oschimek, CEO and founder of Wind Multiplikator. "With its own quay facilities, the heavy-duty gantry crane and the direct connection to the North Sea, the location offers a unique infrastructure that we want to secure for the future."

"As a portfolio holder, we acquire and lease properties in attractive business locations such as Emden. The location is particularly suitable for innovations, as business, science and politics succeed in keeping knowledge and new technologies in the region through close co-operation. The market for renewable energies is one of Emden's three most important economic sectors," says Timo Hielscher, Managing Director of the West and East Germany regions. "We are therefore delighted to provide Wind Multiplikator, a service company for offshore wind turbines, with modern space at this special location in the long term."

About CTP Germany

CTP is Europe's largest listed owner, developer and manager of logistics and industrial real estate in terms of gross leasable area, with over 11.2 million square metres of GLA in 10 countries as of 30 September 2023. CTP certifies all new buildings to BREEAM Very good or better and has been awarded a "Low-Risk" ESG rating by Sustainalytics, underlining its commitment to sustainability.

Further information can be found on CTP's corporate website: www.ctp.eu

Contact:
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Alexander Hund | +49(0)160 8192724 | alex.hund@ctp.eu
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