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VGP expands its portfolio with another location in Ústí nad Labem: new park will focus on last-mile logistics

VGP, the developer and owner of semi-industrial and logistics real estate, is expanding its portfolio with another location in Ústí nad Labem, where it plans to build a new technology park named “VGP Park Ústí nad Labem City”. As the name suggests, the project is strategically located close to the city centre. Nevertheless, it is only 2 km from the D8 motorway connecting Prague and Dresden.

VGP launches construction of a new warehouse in VGP Park Olomouc. First tenant will be Ardon Safety

VGP, the developer and owner of semi-industrial and logistics real estate, has obtained a building permit for the construction of a new warehouse “F” in the technology park VGP Park Olomouc and started work at the site. The first confirmed tenant of the premises under construction is Ardon Safety, one of the leading suppliers of protective equipment and workwear, not only in the Czech Republic but also throughout Central Europe.

Dachser will rent premises in the new VGP park in České Budějovice

The logistics provider Dachser Czech Republic has signed a contract with the development company VGP for tailor-made construction in České Budějovice. New logistics and office space with a total area of almost 7,000 square meters will be built in a newly emerging industrial park in the Světlík commercial zone on the outskirts of the city. Commissioning of the premises is scheduled for next spring.

VGP is looking forward to EXPO REAL 2021 in Munich

VGP NV (‘VGP’ or ‘the Group’), a pan-European provider of high-quality logistics and semi-industrial real estate, will again be present at the upcoming EXPO REAL in Munich, Germany. The three-day International Trade Fair for Property and Investment will take place from October 11–13, 2021, hosting the entire property and investment industry from all over the world.

AIA and GLP Form Strategic Investment Partnership

AIA Group Limited (“AIA”; or the “Company”; stock code: 1299) today announces that it has formed a strategic partnership with GLP to invest in the global logistics real estate industry and related opportunities. The positive long-term trends that are driving the growth of the global logistics real estate sector provide AIA with immense opportunities to diversify its investment portfolio and enhance returns for its customers and shareholders. The partnership will enable AIA to leverage GLP’s investment experience and expertise in this area.

VGP has entered into two lease agreements with OKAY in VGP Parks Vyškov and Prostějov

Developer and owner of semi-industrial and logistics real estate VGP has signed two leases with OKAY. Together, it leased more than 50,000 m2 of warehouse space in VGP Park Vyškov and VGP Park Prostějov. The new hall in Vyškov is already under construction and will be handed over in September this year, bringing the park to 100% occupancy. The building in Prostějov will be ready for use from January 2022. Both projects are implemented in the green BREEAM Very Good certification level.

GLP announces leases with Ecologistics and Berlin Brands Group

Czech and Slovak GLP parks are 100% leased. Thanks to the high demand for the premises, new GLP logistics parks will also be built in Ostrava and Brno. GLP has successfully leased 20,000 m2 of logistics space in two parks in the Czech Republic and Slovakia.

VGP Park Plzeň is expanding with a hall for DHL Express and Verhoek Europe

Developer and owner of semi-industrial and logistics properties VGP has started construction of the fifth hall in its logistics park VGP Park Plzeň, which is located in the industrial part of the city of Pilsen - Bručná close to the E49 road and connected to the D5 motorway. On a plot of approximately 10 hectares, it offers almost 50,000 square meters of leasable space suitable for light production, logistics and accompanying commercial activities.
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