Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Belgium
  4. Euronext Bruxelles
  5. VGP NV
  6. News
  7. Summary
    VGP   BE0003878957

VGP NV

(VGP)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

VGP : appoints Gergely Somogyi as Commercial Director for VGP Hungary

07/29/2021 | 03:07am EST

PRESS RELEASE

VGP appoints Gergely Somogyi as Commercial Director

for VGP Hungary

Győr, Hungary, 29 July 2021 - VGP, the pan-European provider of high-quality logistics and semi- industrial real estate, announces the appointment of Gergely Somogyi as Commercial Director for VGP Hungary.

Gergely, who started with VGP on 1 July, has a wide experience in industrial and logistics real estate of more than 7 years as Associate for Cushman & Wakefield in Budapest where he had VGP and other logistics- & industrial companies as his key clients. He has a master degree as Economist in Marketing at the Corvinus University of Budapest.

Gergely Somogyi said: "Within my former job, I was working with VGP for a long time. We have closed successful transactions. To support them was a huge accomplishment in my career. Joining the VGP-team is very exciting. The industrial sector is blooming in Hungary and there is remarkable potential to grow and to expand our portfolio. VGP has the perfect background and professional knowledge to become one of the most significant developers at strategic locations on the market."

Karoly Palovics, Country Manager VGP Hungary said: "We are strenghtening our presence on the Hungarian market with new parks under construction and other to develop and therefore we see us obliged to develop our organisation along. We are very happy to welcome Gergely as Commercial Director. With his commercial experience in the industrial & logistics real estate sector, we can focus more on market presence and provide the best service to our clients. He is a real added-valuein our team!"

With Gergely's arrival, Laszlo Balogh will be able to focus more on Land Acquisition and development of new plots to support the strong demand and future development on the Hungarian market.

VGP Hungary currently owns and manages 5 parks in its portfolio (existing or under construction) and has new projects in the pipeline.

CONTACT DETAILS FOR POTENTIAL TENANTS AND MEDIA ENQUIRIES

Gergely Somogyi

Tel: +36

70. 488 9221

Commercial Director VGP Hungary

Karen Huybrechts

Tel: +32

(0)3 289 1432

Head of Marketing VGP

1⎥ 2

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 8.54 million m² and the strategic focus is on the development of business parks. Founded in 1998 as aBelgian family-owned real estate developer in the Czech Republic, VGP with a staff of c. 300 employees today owns and operates assets in 11 European countries directly and through several 50:50 joint ventures. As of December 2020, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to € 3.84 billion and the company had a Net Asset Value (EPRA NAV) of € 1.35 billion. VGP is listed on Euronext Brussels and on the Prague Stock Exchange (ISIN: BE0003878957).

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

2⎥ 2

Disclaimer

VGP NV published this content on 29 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 July 2021 07:06:10 UTC.


ę Publicnow 2021
All news about VGP NV
01/11VGP : Company Presentation Jan 2022
PU
01/10VGP Sells $1.1 Billion Green Bonds in Two-Tranche Deal
MT
01/10VGP NV : Successfully Issues Ç 1.0 Billion Senior Unsecured Green Bonds Across Two Tranche..
AQ
01/05Belgium's VGP Forecasts Higher Levels of Development in 2022
MT
01/05VGP NV : Pan European Expansion and Stronghold Germany Lead to an Absolute Record in Leasi..
AQ
01/04Allianz, VGP Take On European Logistics Sector With New Joint Venture
MT
01/04VGP, Allianz Real Estate Form $3.2 Billion Logistics Joint Venture
MT
01/04VGP NV : Allianz and VGP expand relationship with new European logistics joint venture
AQ
01/03VGP NV : Crossing thresholds
CO
2021VGP : welcomes Hörmann Logistic Solutions GmbH as new tenant at VGP Park Magdeburg-Sülzeta..
PU
More news
Financials
Sales 2021 41,0 M 46,8 M 46,8 M
Net income 2021 422 M 481 M 481 M
Net Debt 2021 - - -
P/E ratio 2021 12,0x
Yield 2021 1,61%
Capitalization 5 371 M 6 127 M 6 126 M
Capi. / Sales 2021 131x
Capi. / Sales 2022 56,5x
Nbr of Employees 300
Free-Float 34,9%
Chart VGP NV
Duration : Period :
VGP NV Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VGP NV
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Last Close Price 246,00 €
Average target price 245,00 €
Spread / Average Target -0,41%
EPS Revisions
Managers and Directors
Jan van Geet Chief Executive Officer & Executive Director
Dirk Stoop Chief Financial Officer
Bart van Malderen Chairman
Miquel-David Martinez Chief Technical Officer
Ann Gaeremynck Independent Director