Contipark invests in joint venture with McParking

 

Germany's leading car park operator expands portfolio to include off-airport parking at BER - 3,000 parking spaces fully let

"Off-airport" parking is the name of the service offered by McParking, Contipark's new subsidiary. The special feature is the shuttle service - in addition to a secure and clean multi-storey car park near the terminal at Berlin's BER airport. Passengers who have parked their car here for the duration of their journey are shuttled to the airport free of charge. And, of course, customers are also taken back to their parked vehicle at the end of their journey. "This is a special kind of 'car park operation' that differs from our previous regular business. With our new partner, we see good opportunities to develop successfully in this market as well," says Contipark Managing Director Michael Kesseler.

Contipark has now purchased 50 per cent of the shares in McParking. The other 50 per cent is held by Rixrath Holding GmbH, which also retains ownership of the car park at BER. The current location at Berlin's BER airport has over 3,000 fully let parking spaces. The car park is located in the immediate vicinity of the capital's airport terminal. McParking has been operating successfully on the market for almost 20 years. "McParking occupies a leading position in this segment. They have been successful for a long time and have developed special expertise in this type of car park operation. This makes them the ideal co-operation partner for Contipark. They are an excellent fit for our future-oriented growth strategy," says Andreas Knops, member of the Contipark management and Head of Real Estate.

McParking was founded in 2004 and initially provided parking facilities at the former Berlin-Tegel Airport (TXL). The multi-storey car park at BER was completed in 2021. "We are delighted that we are now bringing Contipark's know-how and our special expertise in 'airport parking' into a strong joint venture. This opens up new perspectives for the coming years," says Dr Till Bunse, Managing Director of McParking. Kai Rixrath, owner of Rixrath Holding GmbH, adds: "With Contipark at our side, we will grow even faster with McParking. In particular, Contipark's experience in national and international car park operations will enable us to further expand our leading position as an off-airport provider."

About CONTIPARK:

The Contipark group of companies has been planning, developing and operating public car park facilities at all relevant location categories since it was founded in 1967. These include shopping centres, railway stations, city or pedestrian zones, cultural and leisure facilities as well as clinics and health centres. Contipark actively pursues the acquisition of suitable properties in Germany and Austria. As part of the Interparking Group, one of the largest car park operators in Europe, Contipark operates more than 570 parking facilities in over 200 cities in Germany and Austria, making it the market leader in Germany.

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