Real estate
8. November 2024

CTP and Quanta Computer Celebrate the Start of Construction

 

CTP, Europe’s largest listed owner, developer, and manager of logistics and industrial real estate by gross lettable area (GLA), celebrated the start of construction of a built-to-suit production facility for Quanta Computer, a leading Taiwanese manufacturer of computers and electronic hardware on 30 October 2024. The ceremonial groundbreaking took place at CTP’s Jülich site, part of the Brainergy Park Jülich in North Rhine-Westphalia in Germany. In addition to project managers from Quanta and CTP, representatives from Brainergy Park Jülich, the City of Jülich, economic development agencies, and regional political leaders were in attendance. More than 50 guests took part in the event.

CTP is developing an innovative property for Quanta, with a total usable area of 22,500 sqm. CTP is implementing specifications tailored specifically to Quanta’s needs, including a product testing laboratory and customised airlock rooms. With this new location, Quanta is further expanding its global presence to serve customers across Europe. The company, part of the Fortune Global 500, achieved a revenue of around 35 billion USD in fiscal year 2023. Quanta has leased the new facility in Jülich from CTP for a term of 15 years, with CTP investing a total of 45 million euros in the project’s development.

“With the start of construction, we have taken an important step toward realising this project. We would like to highlight the consistently reliable and solution-oriented collaboration among the authorities, policymakers, Quanta Computer, and CTP, which ensured construction could proceed on time and as planned,” said Timo Hielscher, Managing Director M&A at CTP Germany. “Thanks to our presence in Asia and our long-standing relationships with Asian businesses, we have an in-depth understanding of what businesses like Quanta need from their industrial and logistics space. Our expertise coupled with our land bank across Europe enable us to swiftly deliver projects Asian clients’ need in Europe to grow their businesses. This includes facilities with complex spatial concepts for high-tech companies, where we draw on our unique experience to build them seamlessly.”

The CTP site in Jülich is close to the German borders with Belgium and the Netherlands, and is easily accessible from highways connected to major European cities such as Frankfurt, Brussels, and Amsterdam. CTP is aiming to achieve DGNB Gold certification at the project and is equipping the building’s roof with an array of photovoltaic systems (PV).

Frank Drewes, Managing Director of Brainergy Park Jülich GmbH, commented: “The decision by Quanta Computer to establish up to 500 jobs in Jülich in the first phase highlights the attractiveness and potential of Brainergy Park Jülich for international high-tech companies. We are proud to work with CTP to create a forward-looking environment for growth and innovation.”

Construction is expected to be completed in the second half of 2025.


Original article
Image source: ctp.eu