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Regulated – Privileged
January 30, 2024, 7:00 a. m. CET, Antwerp, Belgium: VGP NV (“VGP” or “the Group”) announces the acquisition of 21 hectares, recently used as a parking lot, located on a portion of the Stellantis site in Mulhouse, France. . Two years after its arrival on the French market, VGP now has a secure land portfolio of 73 hectares to expand nearly 350,000 m² of industrial, logistics and commercial premises. By the end of 2024, VGP will make the first delivery of 40,000 m² at the Petit-Couronne site in Rouen.
In a dynamic region that is experiencing a shortage of retail and logistics space lately, this new park will meet the developing desires of companies.
Located in the town of Sausheim, near Mulhouse, the site benefits from an exceptional location and facility, at the junction of the A36 and A35 motorways, with direct access to the long-distance park. The long-term VGP park is located on a cross-border domain very close to the borders with Germany (50 km from Freiburg) and Switzerland (15 minutes from Basel).
With a plot of 21 hectares, the Group plans to expand a modern business park of around 100,000 m² for commercial and logistics companies. Construction is expected to begin in the first quarter of 2025, with the first buildings expected to be delivered through the end. of 2025.
Like all of the Group’s projects, this programme will be the subject of an ambitious environmental policy. All long-term buildings will aim for at least BREEAM Excellent certification.
Aurélien Coudert, Country Director of VGP France:
“With this new strategic acquisition, VGP confirms its strong ambitions in the French market. Thanks to our hybrid style of developer, investor and manager, we position ourselves as a long-term partner in this region, with a presence from the design phase. to the functioning of buildings. We would like to thank Mulhouse Alsace Agglomeration (m2A) and Stellantis for their acceptance and role in carrying out this order and look forward to building this new online business park. with the wants and needs of our long-term consumers and local authorities. “
With this acquisition, VGP reaffirms the Group’s commitment to meet the wishes of companies and contribute to the sustainable expansion of the territories in which it operates.
CONTACT DETAILS VGP
Investor Relations
Tel: 32 (0)3 289 1433investor. relations@vgpparks. eu
Karen HuybrechtsHead of Marketing
Telephone: +32 (0)3 289 1432
ABOUT US
VGP is a pan-European owner, manager and developer of high-quality logistics and semi-industrial housing, as well as a renewable energy solutions provider. VGP has a fully integrated business style with extensive experience and many years of experience across the entire price chain. VGP was founded in 1998 as a family-owned Belgian property developer in the Czech Republic and today operates with approximately 371 full-time workers. in 17 European countries, directly and through several 50/50 joint ventures. As of June 2023, VGP’s gross net asset value, adding 100% of the joint ventures, is €6. 76 billion and the company had a net asset value (EPRA NTA) of 2,200 million euros. VGP is indexed on Euronext Brussels (ISIN: BE0003878957).
For information, please visit: http://www. vgpparks. eu/en