VGP has been active in Romania since 2007, establishing itself as an expert in the industrial and logistics real estate market. The company has developed parks in Arad, Brașov, Bucharest, Timișoara and Sibiu, covering a total land area of 1,573,098 m² with 767,861 m² of potential leasable space. VGP’s developments set new standards for modern industrial spaces, combining innovation with sustainability. All newly delivered buildings are BREEAM certified, reflecting the company’s commitment to high-quality, eco-friendly construction practices. With 16 completed buildings and 4 more under construction, VGP is not just creating spaces but shaping environments that foster growth, innovation, and sustainability, redefining the future of logistics in Romania.
VGP is a pan-European developer, manager and owner of high-quality logistics and semi-industrial real estate. VGP operates a fully integrated business model with capabilities and longstanding expertise across the value chain. The company has a development land bank (owned or committed) of 8.5 million sqm and the strategic focus is on the development of business parks. VGP was founded in 1998 as a Belgian family-owned real estate developer in the Czech Republic. Today, with a staff of circa 372 FTEs, VGP operates in 17 European countries, directly and through several 50:50 joint ventures. As of June 2024, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to € 7.4 billion and the company had a Net Asset Value (EPRA NTA) of € 2.3 billion. VGP is listed on Euronext Brussels. (ISIN: BE0003878957).
