Belgian real estate developer VGP has started the construction of the third building in VGP Park Bucharest North (A3). The project is developed on a land of approx. 250,000 sqm and has a total potential lettable area of approximately 120,000 sqm divided into 4 buildings.
In December 2023, VGP announced that it is lending EUR 150 million for the installation of solar panels on the roofs of its logistics centers, including in Romania.
VGP is present in Romania with a network of five industrial parks, in Timișoara, Sibiu, Brașov, Arad and Bucharest, in various stages of development.
The company was founded in 1998 by Belgian entrepreneur Jan Van Geet, who is also the main shareholder of the company with a stake of around 34 percent.
Source: Profit.ro
