Press Information

14. 07. 2016

  • First tenant found for VGP Park Ginsheim-Gustavsburg
  • Rieck logistics group will move into modern storehouse in VGP Park Hamburg
  • VGP Park Soltau: Construction works for Audi logistics centre make good progress

Düsseldorf, 14 July 2016 – The European project developer VGP has its excavators digging again. Two new VGP industrial parks emerge until 2017, one in Ginsheim-Gustavsburg near Mainz and one in Soltau in the state Niedersachsen. In addition, VGP builds a new hall in the existing VGP Park Hamburg. All the parks are situated in great locations. Important trading centres like the Hamburg harbour can be easily reached via the direct access to the highway. VGP develops the VGP Park Soltau by order of Audi; the park is located between Hamburg and Hanover with direct access to the highway A7. The industrial park Ginsheim-Gustavsburg serves as ideal industry location in 20 km distance from Frankfurt airport and offering access to the highways 60 and 671. VGP develops and manages 12 parks in total in Germany.

First tenant in Ginsheim-Gustavsburg

VGP signed the first rental contract for the site in Ginsheim-Gustavsburg with a total space of approximately 65,000 m². iNDAT, a producer of customized robotic systems and robotic cells, is renting 4,800 m² industrial space and 1,200 m² office space. Most likely, they will be able to move in by April 2017. iNDAT currently employs more than 100 employees and has locations in Ginsheim-Gustavsburg and Wolfsburg. High demand also exists for the other spaces of the future VGP Park. The earth works will start in August. The VGP Park, which the project developer had only bought in early 2016 thanks to the arrangement by immolox, will offer 32,000 m² rental spaces in total for semi-industrial production, logistics and trade.

More than 23,000 m² new building for the Rieck logistics group in the VGP Park Hamburg

The Rieck logistics group moves with their business unit contract logistics (Rieck Projekt Kontrakt Logistik /RPKL) from Hamburg-Billbrook into the VGP Park Hamburg in Rade, 20 km south of the harbour.

The construction works have already started for the hall- and office complex with a total space of 23,700 m². The relocation of the logistics company will take place in several steps between February and May 2017. Key factor for the relocation in the VGP Park Hamburg was the convenient access to harbour and outback, the growth of the current storage (approx. 6,000 m²) at the former location and the modern equipment of the hall, e.g. access to the wireless network in the entire hall. The new logistics hall of 23,100 m² in space will offer room for 35,000-40,000 pallets. The other 600 m² will be used as office space by Rieck.

VGP Park Soltau: Shell gets in shape

The earthworks for the new VGP Park in Soltau started in early May. In addition, the construction works for an industrial hall of 45,000 m² in space with adjacent office spaces of 1,700 m² make great progress. VGP develops a logistics centre for the Volkswagen subsidiary Audi on the site, which has a total space of 12 hectares. The site is located in the industrial area Soltau-Ost III offering direct access to the A7. Audi will rent the hall on a long-term base. They will use it as logistics centre, which will be specialized on the export of vehicle parts and components. Hand-over of keys is expected to take place in late 2016.

01. 06. 2016

VGP Hamburg1st June, 2016 – The logistics real estate specialist Realogis has arranged three rental contracts of around 22,000m² space in total. This results in full occupancy of the existing space within the park, which specialises in logistics services and light production. The park is located 20 kilometres southwest of the Hanseatic city, right next to the A1 motorway to Bremen. The new tenants are LZ Logistik GmbH, CHEP Deutschland GmbH and the Karl-Heinz Dietrich GmbH + Co. KG.

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31. 05. 2016

  • Completion of the acquisition of the initial seed portfolio by the newly established 50/50 joint venture with Allianz Real Estate
  • Notice of redemption of all hybrid securities

Completion of the acquisition of the initial seed portfolio by the newly established 50/50 joint venture with Allianz Real Estate

VGP is pleased to be able to announce that the newly established 50/50 joint venture with Allianz Real Estate (“VGP European Logistics”) has completed the acquisition of 15 parks of VGP.

The 15 parks which are located in Germany (8 parks), the Czech Republic (4 parks), Slovakia (1 park) and Hungary (2 parks) comprise 28 logistic and semi-industrial buildings which are 100% occupied and are of high quality having for the majority been built over the last two years.

The initial transaction value is in excess of EUR 500 million, which includes some future development pipeline.

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19. 05. 2016

20160405 Timisoara Quehenberger Außenansicht 172303

The Western Romanian city of Timisoara is a booming location of industrial and logistics industries. In 2015, the total logistics space in Timisoara has increased by 160,000 m².

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28. 04. 2016

Park LeipzigThe Europe-wide real estate group VGP is investing in the development of two industrial parks in eastern Germany. VGP has already built a park in Borna which was completed in 2015, and building of the new industrial park will begin in the nearby city of Leipzig. In addition, the industrial park of Berlin will be developed further. Both parks will be located near their respective cities, with optimal transport connections to both motorways as well as local airports. In total, VGP is to develop and operate 13 parks across Germany.

Building Begins at VGP Park Leipzig – High-Value Industrial Real Estate

The building work for the first of the five buildings began in April. An industrial hall of approximately 26,000 m² will be created in an area of 105,000 m² directly by the Leipzig trade fair location. VGP is to invest over 10 million euros in this project, and by the end of October this year Hall 1 will be finished, which will ideally be suited to SMEs with light production. This building could also serve the purpose of being a showroom. Office and administration spaces are also able to be planned according to the needs of future tenants. Small and medium-sized enterprises will have the opportunity to rent small units of up to 1,000 m2.

VGP Park in Berlin to Expand

By the autumn of last year, shortly after its completion, the entire premises of the first hall at the VGP Park in Berlin had been leased (around 22,000 m²). On the basis of such high demand for leasing space in the first block, VGP decided it would build a second block. It will be double the size of the first. Upon its completion, the park will consist of over four halls with a gross lettable area of 103,300 m². The spaces will be suitable for logistics service providers and companies with light industrial production, and will additionally be able to offer room for office space. The park is located around 36 km south of the city centre and 30 km away from Schöneberg airport.

Press Contact

Petra Vanclová

VGP - industriální stavby s.r.o.

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Czech Republic

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