VGP

Happy to announce the start of construction on our second building at VGP Park Arad, Romania. The first building of the park being completely leased out, this second development testifies our commitment to providing top-notch industrial and logistics spaces in the region. State-of-the-art facilities are being designed to meet the highest quality standards and eco-efficient practices. VGP Park Arad provides a top location at the intersection of several important European roads, and is offering flexible spaces tailored to the needs of our clients. Discover more about VGP Park Arad here: https://lnkd.in/eSbqgxeZ #VGP #RealEstate #Construction

Our Hungarian VGP team has officially handed over the premises at VGP Park Kecskemét to LINDE WIEMANN Group. The German automotive structural parts manufacturer leases 16,000 m2 for its production and storage activities. Specific technical solutions, high-quality sustainable features, and special design options have been provided to fit the needs of the tenant. VGP Park Kecskemét has a strategic location in the southern industrial area of Kecskemét, near the Mercedes factory, and also nearby other automotive suppliers. Read the press release here: https://lnkd.in/e-RTv7tR #VGP #RealEstate #Hungary

Are you visiting Farete Bologna? Our Italian team is happy to meet you at their stand on the 4th and the 5th of September. Farete, taking place in the Bologna Fiere Halls, is organized by Confindustria Emilia Area Centro, and offers great meeting opportunities for companies from all different sectors of the production system of Emilia and beyond. Come and visit the enthusiastic Italian VGP team at stand O108 to discover more about our Italian VGP Parks and our most recent developments. You can also find out more about our sustainability efforts or our in-house technical expertise. Read more about Farete here: https://lnkd.in/e9NYXCCF #VGP #Farete #Italy

Say hi to Miele Tehnica Romania at VGP Park Brașov. The tenant, a subsidiary of the German Miele Group, is expanding its production area by renting a 2,000 m2 facility in our park. The facility is going to be used to assemble motors and pumps for Miele appliances, including hoods and vacuum cleaners. VGP Park Brașov offers a very strategic location and state-of-the-art sustainable facilities, making it an ideal hub for logistics, production, and distribution. Having a total potential of 180,000 m2 of leasable space, our VGP Park can support the increasing demand for modern logistics spaces in the region. Read more here: https://lnkd.in/e2H6WV53 #VGP #Industrial #RealEstate

Today VGP’s H1 results have been published: very pleased to report a record of € 28.8 million of new lease agreements contracted, 47% versus H1 ’23 resulting in a pre-tax profit of € 154.6 million ( 218% YoY). VGP has signed and renewed in total € 45.6 million of lease agreements, bringing the total committed annualised rental income to € 384.7 million. Our total landbank today stands at 8.5 million m2, providing great development opportunities at prime locations spread over Europe, and an impressive total of 835,000 m2 is currently under construction through 34 projects. On top of this, VGP can report net cash proceeds of € 662.1 million as a result of closings with the Deka Immobilien and Areim Joint Ventures and the disposal of LPM. Thanks to our dedicated VGP Team across Europe for making this happen! Read the press release here: https://lnkd.in/ezG34MVX #VGP  #RealEstate  #Results

Looking for a strategic place to further develop your business activities in Romania? VGP can offer you the perfect solution at VGP Park Sibiu. Next to our first building, being completely leased out, the construction permit for the second building has been obtained. This second project is going to have a total lettable area of approximately 11,717 m2, designed to meet the needs of dynamic businesses. The area being considered as one of the most important transportation and economic hubs in Romania, and situated across the street from retail and commercial premises, VGP Park Sibiu offers a great location. State-of-the-art facilities and innovative features are being provided, paying attention to sustainability in all its facets. Interested? Contact us today! Click here for more information and contact details: https://lnkd.in/erzV4-YZ #VGP #RealEstate #Romania

VGP Serbia has a great update to share: Delhaize Serbia has opened its distribution centre in VGP Park Belgrade. The large retail company leases 42,000 m2 for its modern logistics centre to even better supply their supermarkets in the country. Innovative infrastructure and technical solutions, enabled by VGP’s in-house technical expertise, have been provided to support the tenant’s growth and modernisation. The building processes and distributes more than 2,600 different products, for which a shelf capacity of over 35,000 pallet spaces is provided. An integral part of the new distribution centre, 5,000 m2, is the most modern plant for ripening bananas. High-quality sustainable features are foreseen, with solar systems, chargers for electric cars, a state-of-the-art battery charging station and a water efficient automated truck wash amongst others, resulting in the BREEAM Excellent certification. VGP Park Belgrade has a very strategic location near the Serbian capital and only 4 km from the international airport. The park will have a total area of existing and planned buildings exceeding 450,000 m2, on an impressive land plot of 1,140,000 m2, making it the largest business park in Serbia. Read more here: https://lnkd.in/eH7z6dEr #VGP #RealEstate #Serbia

It is a pleasure to announce the signing of the third and final closing for our 50:50 RED Joint Venture with Deka Immobilien, one of the largest real estate investment companies in Europe. The transaction includes a logistics building in VGP Park Magdeburg and consists of 103.5 million euros of gross asset value, resulting in 68 million euros of net cash proceeds for VGP. The building is completely leased out to Rhenus, the internationally active logistics company. This closing marks the completion of a pre-agreed series of three transactions, totaling 20 completed buildings and a total lettable area of 859,000 m2, consisting of a gross asset value of 1.1 billion euros. Thanks to all parties involved and to DEKA Immobilien particularly for the realisation of this significant project, looking forward to our continued collaboration. Read more here: https://lnkd.in/e28dBAXi #VGP #RealEstate #DekaImmobilien #JointVenture

Are you looking for available space to expand your business in one of the most dynamic areas of Slovakia? VGP Park Malacky can offer you the perfect solution. The premises are also suitable for smaller businesses, presenting minimum lease units of 2,000 m2. Malacky has the status of being a commercial crossroads, not far from the important cities and international airports of Bratislava, Vienna and Györ. Next to a prime location, the park has many eco-efficient elements and high-quality technical features to let your business thrive. Read more about the park or directly contact the Slovakian team here: https://lnkd.in/ecH_3Guv #VGP #RealEstate #Slovakia

Our Danish VGP team is excited to announce the first tenant for VGP Park Vejle. JEVI A/S, a leading supplier of electrical heating solutions, leases 10,000 m2 for their production facilities in our first park in Denmark. State-of-the-art infrastructure and customised solutions, enabled by our in-house technical expertise, are being planned to meet JEVI’s production requirements. VGP Park Vejle, strategically located near the E45 at Vejle S, is set to become a thriving hub for innovation, offering over 80,000 m2 of lettable space for light industrial and logistics activities. Among others, eco-efficient features, solar systems, smart metering, and electric vehicle chargers are foreseen, aiming for the DGNB Gold certification or equivalent. Read more here: https://lnkd.in/eP8uhm7Y #VGP #Industrial #RealEstate