VGP welcomes APM Autoteile GmbH as new tenant at VGP Park Magdeburg-Sülzetal

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  • The company is moving into approx. 26,000 m² of commercial space for storage and distribution purposes
  • APM is planning to move to the new location in January 2022

 

Magdeburg/Sülzetal, 22 December 2021 - VGP, a European provider of high-quality logistics and semi-industrial real estate, is pleased to welcome APM Autoteile GmbH as a new tenant at VGP Park Magdeburg-Sülzetal.

The park is located next to the A2 motorway, which connects the North of Germany with Western parts of the country as well as with neighboring European countries, and the A14 motorway. In addition, Magdeburg, the capital of Saxony-Anhalt, is only a few driving minutes away.

The site in Magdeburg-Sülzetal comprises a lettable area of almost 300,000 m2 and offers tailor-made solutions for large businesses as well as small units from 3,000 m2. APM Autoteile GmbH, a Hamburg-based supplier of car parts and spare materials, will rent a total area of 26,000 m2 for storage and distribution purposes. The tenant is scheduled to move in on January 17, 2022.

Darius Scheible, Managing Director of the Duesseldorf-based German subsidiary VGP Industriebau GmbH, says: “We are very pleased that the excellent location and transport links of our park in Magdeburg-Sülzetal have met the criteria that were central to APM's search for a suitable location.”

Hongxing Xie, Managing Director of APM, said: “We have been looking for a larger warehouse since early 2021, as our company is currently growing very strongly. We are very happy with the premises at VGP Park Magdeburg-Sülzetal which offer sufficient space for our expansion plans.”

VGP Park Magdeburg-Sülzetal is one of 35 VGP business parks in Germany. Overall, the Group operates in fifteen European countries and remains on track for success. In Europe, the company based in Antwerp, Belgium, now operates 94 parks.