PRESS RELEASE

Active Ants moves into VGP Park Roosendaal in the Netherlands

Antwerp, Belgium, 3 June 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 Active Ants as the first tenant in the new VGP Park Roosendaal.

In April 2019 the construction of the first phase of VGP Park Roosendaal was started. This first phase with approx. 41,000 m2 of lettable area has now been completed.

From June, Active Ants will move into its brand new warehouse. Active Ants, a fast growing e- fulfilment company with existing branches in Nieuwegein and Etten-Leur, specialises in cross border e-commerce logistics. With innovative solutions in the field of order picking, packing and storage, Active Ants has built a lead in the efficient processing of e-commerce orders. Active Ants is part of the Belgian Bpost Group. They employ 350 people.

With this new warehouse of approx. 20,000 m2, Active Ants is able to absorb the growth of its e- fulfilment activities in the Netherlands.

With a goods-to-man system (AutoStore) of approx. 200,000 bins and 3 automatic packing machines, the new branch in Roosendaal will be able to process millions of parcels a year for hundreds of different webshops. The output per m2 will be even more efficient than in the current semi-automated warehouse in Nieuwegein. To achieve this, Active Ants has further developed its own warehouse software, a new way of order picking with the Autostore will be introduced and various robotic technologies and artificial intelligence will be used.

"VGP Park Roosendaal is ideally located on a multimodal hub, close to the centre of Roosendaal and less than 12 kilometres from the sites of MCS, a company we acquired last year," says Jeroen Dekker, Managing Partner of Active Ants. "In addition, we attach importance to the sustainability of the building in order to keep our ecological footprint as small as possible. With the solar panels provided on the large roof, we can consume locally produced green energy."

Geerd van Helden, VGP Manager Benelux, says: "We are delighted to welcome Active Ants to VGP Park Roosendaal and are happy to contribute to the company's great ambitions. With the impressive AutoStore system, combined with the expansion opportunities on site, this seems the ideal synergy for further growth."

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The VGP group, which currently operates in twelve European countries, intends to continue its expansion course. In the Netherlands, in addition to VGP Park Roosendaal, VGP also completed the first phase of development of VGP Park Nijmegen, accounting for approximately 60,000 m2 of pre-let space. The construction of the second phase will start after the summer and will provide an additional 40,000 m2 of pre-let space.

Sustainability is important to the company; all buildings built by VGP meet the requirements for energy efficient and sustainable construction. The roof of VGP Park Roosendaal will be equipped with photovoltaic systems in the coming weeks.

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

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VGP NV published this content on 03 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 June 2020 11:55:00 UTC