VGP develops a new Business Park in Erfurt

Opening of the first warehouse expected at the end of 2020

Düsseldorf, 12.12.2019 – VGP, a leading European provider of high-quality logistics and commercial real estate, is developing a new business park in Erfurt, Germany. The land was purchased in May 2019 and the opening of the park is planned for the end of 2020.

The park contains over 50,000 m² of land and will offer circa 25,000 m² of rentable space for logistics and manufacturing companies. VGP Park Erfurt is VGP’s first project in Thuringia and the company plans to further expand its presence here in the future.

The business park can be found on the east side of Erfurt and is 20 minutes by car away from the old town and 30 minutes from the Erfurt-Weimar Airport. It is located in an economically important area for agriculture, industry and trade. The region in and around Erfurt is considered the political and economic centre of Thuringia with a focus on mechanical engineering, technology, media and services. The industrial area of Erfurt is home to over 14.000 companies and employ around 140.000 people.