VGP announces plans for constructing two logistics buildings in Valencia, Spain
VGP NV (‘VGP’ or ‘the Group’), a leading European provider of high-quality logistics and semi-industrial real estate, has announced details for two logistics buildings it plans to develop in Cheste on 75,000 m2 of land. The land plots have been acquired in stages in the course of the last few months and are expected to host two state-of-the-art logistics platforms. A project that could create about 400 new jobs and requires a total investment of approximately €22 million.
VGP has presented a commitment to the City Council of Cheste to deliver in total more than 41,000 m2 of logistic platforms. The first building will have 15,000 m2 of total leasable area and 18 loading docks. On the other plot a platform with 26,000 m2 of total leasable area will be built. These buildings will be delivered to high technical standards and great modularity for potential customers and optimized for energy efficiency and sustainability.