VGP : OTC Medical new tenant in VGP Park Nijmegen (the Netherlands)

PRESS RELEASE

OTC Medical new tenant in VGP Park Nijmegen (the Netherlands)

Antwerp, Belgium, 15 July 2020 - VGP NV ('VGP' or 'the Group'), a leading pan-European developer, manager and owner of high-quality logistics and semi-industrial real estate, is pleased to welcome OTC Medical as a new tenant in its VGP Park Nijmegen.

In the new park, OTC Medical will rent a total area of approximately 5,200 m2. The rental agreement will take effect on 1 November 2020. The new premises at VGP Park Nijmegen will be the new main location for OTC Medical.

OTC Medical is a fast growing company for self-care (medicines) in the Dutch market. From the start, in 2007, OTC Medical has grown into a top 10 supplier for drugstores, pharmacies, supermarkets and health shops.

René Leeuwenburgh, Director OTC Medical, says: "In order to be ready for growth in the coming years, a new location has been sought. VGP Park Nijmegen has all the facets that meet our requirements. A high-end warehouse in a perfect location."

Geerd van Helden, VGP Manager Benelux, says: "We are pleased to welcome an ambitious and growing player in the logistics of medical products at VGP Park Nijmegen. We wish them a lot of success with their further growth plans and hope that the new sustainable building can contribute to this."

VGP Park Nijmegen is a strategically located logistics park in the east of the Netherlands, in the heart of the Arnhem-Nijmegen region. The business park is strategically located because it is centrally situated between the ports of Rotterdam and the German Ruhr area. Three types of modalities come together here: motorway (A15), water (BCTN Nijmegen) and rail (future Rail Terminal Gelderland). This guarantees a good logistical flow. The first development phase of VGP Park Nijmegen, with a total lettable area of more than 60,000 m2 , started in February 2019 and is fully pre-let. At the beginning of January Conpax was the first tenant to move into its new location. At the end of June it was ESTG's turn. The second development phase will start after the summer.

The VGP group, which currently operates in twelve European countries, intends to continue its expansion course. In the Netherlands, in addition to the first phase of VGP Park Nijmegen, VGP recently delivered VGP Park Roosendaal. The construction of the second phase of VGP Park Nijmegen will start after the summer and will provide an additional 40,000 m2 of partly pre-let space.

Sustainability is important to the company; all buildings built by VGP meet the requirements for energy efficient and sustainable construction. For example, the roofs of the VGP parks are equipped

with photovoltaic systems as much as possible. This first phase of VGP Park Nijmegen will also be equipped with more than 13,000 solar panels.

CONTACT DETAILS FOR POTENTIAL TENANTS AND MEDIA ENQUIRIES

Geerd van Helden	Tel: +32	(0)486 74 13 04
VGP manager Benelux
Karen Huybrechts	Tel: +32	(0)3 289 1432
Head of Marketing VGP

ABOUT VGP

VGP is a leading European developer, manager and owner of high-quality logistics and semi- industrial real estate. VGP operates a fully integrated business model with capabilities and longstanding expertise across the value chain. The company has a development land bank (owned or committed) of 6.67 million m2and the strategic focus is on the development of business parks. Founded in 1998 as a family- owned real estate developer in the Czech Republic, VGP with a staff of circa 220 employees today owns and operates assets in 12 European countries directly and through VGP European Logistics and VGP European Logistics 2, both joint ventures with Allianz Real Estate. As of December 2019, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to €2.77 billion and the company had a Net Asset Value (EPRA NAV) of €741 million. VGP is listed on Euronext Brussels and on the Prague Stock Exchange (ISIN: BE0003878957).

For more information, please visit: http://www.vgpparks.eu