VGP develops new business park in Wiesloch/Walldorf

Düsseldorf/Wiesloch/Walldorf, 14.01.2021 – Today, the VGP Group, a European provider of high-quality logistics and commercial real estate, presented first plans for the newly to be developed industrial and business park at Wiesloch/Walldorf near Heidelberg at the headquarters of Heidelberger Druckmaschinen AG.

The park will be built on an area of around 130,000 m2. VGP acquired the property from the traditional company Heidelberger Druckmaschinen AG at the end of December 2020. The area in Wiesloch/ Walldorf impresses with its excellent connection to the transport infrastructure and its strategic favorable location in the Rhine-Neckar metropolitan region near the cities of Heidelberg, Speyer and Mannheim.

For Jan Van Geet, the CEO of VGP, the acquisition of the property is another important milestone in the company's expansion: “With the acquisition of this unique property, we are continuing our road to success in Germany.” Van Geet appreciates the trust that has been placed in VGP by the two cities of Wiesloch and Walldorf: “VGP was received very warmly by the local municipalities. We will do everything we can to be a good neighbor.” “We believe that converting existing industrial areas into new commercial areas makes a lot of sense in terms of sustainability”, continues Van Geet.

VGP plans to strategically realign the currently still brownfield area and develop it in accordance with the city's plans. The first building applications are to be submitted as early as February 2021. Subject to all approvals, the construction of the first buildings is to begin in 2021 and will offer almost 70,000 m2 of lettable space after completion. VGP always strives for a diversified tenant structure in its parks. Thus, the park in Wiesloch/Walldorf will not only be aimed at customers from the manufacturing and production sector, but will also offer tailor-made solutions for large companies and rent out small units of approx. 1,000 m2.