- VGP Italy business parks reach 100% of occupancy
- Group anticipates new investments in the north area of Milan
Milan, 25 November 2021 - VGP, a European provider of high-quality logistics and semi-industrial real estate, announces that its four owned business parks in Italy are fully let. By the end of the year a further 35,000 sqm will be completed, thus bringing the total portfolio of VGP Italy to 85,000 sqm of total leasable area, with full occupancy already of the 4 parks of Valsamoggia (BO), Calcio (BG), Sordio (LO), and Padova.
“The year 2021 has been full of challenges and we are proud of this achievement, which is the result of the constant commitment of our entire team,” says Agostino Emanuele, Country Manager of VGP Italy. “Thanks to the adoption of efficient and sustainable technologies, always in compliance with all current regulations, we stand out for product and service innovation, resulting in the satisfaction of our customers.”
Among the main tenants of the Group in Italy, companies such as Macron, GLS, Carlini Gomme, Gruber Logistics, KDE group, are included.
The logistics parks owned by VGP are built according to high-quality standards and aim to meet sustainability and efficiency requirements, thus reducing environmental impact and CO2 emissions.
All the buildings are in fact equipped with photovoltaic panels, with particular attention to green aspects, and with the BREEAM “Very Good” certification, while in the case of Valsamoggia business park, the building has obtained the BREEAM “Excellent” certification. VGP has set itself the global objective of being carbon neutral by 2025 and VGP is adapting its internal company policies also in Italy to achieve this goal.
The Group also has further BTS (Built to Suit) projects in its pipeline, as well as property acquisitions in the North and Centre, including new investments in the area north of Milan, confirming the strategic role of Italy with much of the country’s extensive transportation network among Europe’s priority logistics nodes it provides businesses a strategic gateway to consumers across the European Union, Northern Africa and the Middle East.