VGP expands in Giessen, Germany and acquires ownership "Am Alten Flughafen"

Download Press Release

  • Fourth project of the company in the region Mittelhessen
  • First building applications to be submitted in 2020

Antwerp, Belgium 13 May 2020, 03:00 PM CET – VGP, a leading European provider of high-quality logistics and commercial real estate, is planning the construction of a further business park in Giessen, in the federal state of Hessen, Germany.

For this purpose, VGP has acquired the 320,000 m2 plot of land on the former US depot site, now the "Am Alten Flughafen" industrial estate.

VGP plans to develop the site according to the existing development plan and to submit the first building applications in 2020. From spring 2021, the buildings are to be erected, which will contain a lettable area of 150,000 m2.