VGP : announces the acquisition of new land and expands existing VGP Park Bratislava

Press Release

VGP announces the acquisition of new land and expands existing

VGP Park Bratislava

15 March 2022, Bratislava, Slovakia: Developer and owner of semi-industrial and logistics real estate VGP will expand its logistics park VGP Park Bratislava. For this purpose, a successful acquisition of new land with a total area of 350,000 m2 has already taken place. The park is located in the village of

Bernolákovo just a few minutes drive from the capital city with direct access to the D1 motorway.

Currently, the construction of VGP Park Bratislava I with a total area of almost 58 hectares is underway at the site. Gradually, up to 7 buildings will be built here, which together will offer more than 250,000 m2 of rentable space. Current tenants already include Continental, Geis and Dirks.

The planned extension, i.e. VGP Park Bratislava II with another 5 halls, will be built on the other side of the motorway directly opposite the existing site. In total, it will offer 150,000 m 2 for lease. The first of the halls is scheduled for completion in Q2 2023.

"We expect that the rest of the halls will be ready for occupation in the third or fourth quarter of next year, depending on the interest of potential clients. We already experience a great deal of interest in the site in the immediate vicinity of the capital. The excellent connection to the main D1 motorway, which passes through virtually the whole of Slovakia and provides easy access to European cities such as Vienna and Győr, also plays a crucial role," comments Tomáš Bednár, Country Manager of VGP Slovakia. He continues: "In VGP we focus on providing technical expertise and experience of our team to offer solutions for advanced logistics as well as semi-industrial issues from a-to-z. We work as a service provider and first point of contact for our clients for both the technical challenges they face and to meet the requirements for green solutions."

Upon completion, VGP Park Bratislava will become one of the largest projects in the VGP portfolio. The complex is being built in a strategic location close to the international airport, where all infrastructure and ideal transport accessibility is available. From 1 January 2022, all new buildings are aiming for BREEAM Excellent or DGNB Gold green building certification - i.e. of a high standard and with an emphasis on energy efficiency and sustainability.

The VGP Group already owns 3 locations in Slovakia. Overall, the Group operates in fourteen European countries and remains on track for success. In Europe, the company based in Antwerp, Belgium, now operates 100 parks.

In addition to state-of-the-art technology, sustainability and energy efficiency are central parameters for the commercial properties developed by VGP. The company is committed to becoming carbon neutral by 2025 and is also engaged in BREEAM certifications and green power generation. As a result, 54.3% of the portfolio has already been certified and the green power generation capacity of the VGP Renewable Energy division has been increased to 74.7 MWp, with a further 74.5 MWp in the pipeline. The VGP Foundation, established in 2019, has already identified 29 projects that address social issues, nature conservation and the protection of cultural assets, and has received over €7 million in funding from VGP to date.

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Technical parameters of Bratislava II:

• Area: 350 000 m2
• Leasable and currently available area: 150 000 m2
• Minimum unit size: 5 000 m2
• Number of halls: 5
• Hall quality: BREEAM Excellent or DGNB Gold green building certification

CONTACT DETAILS FOR POTENTIAL TENANTS AND MEDIA ENQUIRIES

Anna Palfiová	Tel: [phone]
Crest Communications, a.s.	e-mail: [e-mail]
Naďa Kováčiková	Tel.: [phone]
VGP - Industriálne stavby, s.r.o.	e-mail: [e-mail]

ABOUT VGP

VGP is a pan-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 10.94 million m² and the strategic focus is on the development of business parks. Founded in 1998 as a Belgian family-owned real estate developer in the Czech Republic, VGP with a staff of circa 350 employees today owns and operates assets in 14 European countries directly and through several 50:50 joint ventures. As of December 2021, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to € 5.75 billion and the company had a Net Asset Value (EPRA NTA) of € 2.33 billion. VGP is listed on Euronext Brussels (ISIN: BE0003878957).

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

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