VGP lease 10,000 sqm in VGP Park Ústí nad Labem City to Bosal

8 February 2023

European owner and developer of semi-industrial and logistics real estate VGP has acquired a new tenant for its upcoming technology park VGP Park Ústí nad Labem City, which will be built on a brownfield site near the city centre on the site of the former Avirunion glassworks bounded by Sklářská, Tovární and Kekulova streets. Bosal Aftermarket Europe, a leader in the development and production of catalytic converters and emission control systems for passenger cars and industrial applications, has leased a total of 10,210 square metres of production and warehouse space in Hall “A”. The new hall will be built to BREEAM Very Good green certification. VGP expects to complete it by the end of this year, with handover taking place in January 2024.

“Bosal, like VGP, is a family-owned company. It has operated for a century as a major global supplier to the automotive industry. We consider Ústí nad Labem, with its industrial tradition, to be an ideal location to expand their business, and the project is located just 2 km from the D8 motorway linking Prague and Dresden. By expanding to this location, the company will create dozens of jobs and thus support employment in the region,” comments David Plzák, VGP Country Manager for the Czech Republic.

Bosal was founded in 1923 in the Netherlands. Since then, it has grown significantly to become one of the leading innovators in the automotive and energy industries. It currently has 17 industrial sites, 12 distribution centres, 7 research and development centres and 2,500 employees worldwide. The company’s main products include emission control systems for passenger and commercial vehicles, roof racks, towing systems and other automotive parts.

At VGP Park Ústí nad Labem City, a total of three BREEAM Very Good green-certified halls with more than 52,000 m2 of lettable space will be built on a total area of almost 11 hectares. Currently, preparatory work is already underway and there is currently 12,000 m2 of vacant space in Hall “A” available for lease. The park is just a 3-minute drive from the city centre and a 5-minute walk from the train station. There are also several public transport stops (buses and trolleybuses) in close proximity.

“By signing a lease agreement with Bosal, we can still offer approx. 40,000 sqm of modern semi-industrial and logistics space in the remaining space in this park, which is under construction or ready for implementation with the possibility of installing photovoltaic panels on the roofs of the halls,” adds Ondřej Titz, Commercial Director for the Czech Republic.

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