VGP, a prominent European provider of high-quality logistics and semi-industrial real estate, has announced exceptional financial results for the first half of 2025.
With a significant profit increase and strategic expansion across the continent, VGP continues to solidify its position as a go-to partner for businesses seeking modern, efficient, and sustainable operational spaces.
Financial strength and a reliable partner for your business
In H1 2025, VGP reported a robust profit of €208.6 million, marking an impressive 35% increase compared to the same period last year. This strong performance is underpinned by elevated net rental and renewable energy income, which climbed 24.3% to €40.9 million, alongside substantial gains from portfolio revaluation, up 42.8% to €141.5 million.
For businesses looking for stability and long-term partnership, VGP's solid financial footing is a key indicator. The company's investment property value now stands at €5.4 billion, reflecting an 8.3% increase, backed by over €0.9 billion in available liquidity and an investment-grade BBB- rating from Standard & Poor's with a stable outlook. This financial resilience ensures VGP's capacity to invest in and maintain state-of-the-art facilities, providing tenants with reliable, high-quality infrastructure.
Expansive and modern portfolio: tailored spaces across Europe
VGP’s commitment to providing cutting-edge logistics and industrial facilities is evident in its continuously expanding portfolio. The group's completed portfolio encompasses 6.24 million m² of modern space, boasting an exceptional occupancy rate of 98% and an average age of just 4.5 years. This ensures businesses have access to new, efficient, and well-maintained properties.
During the first half of 2025, VGP signed new and renewed contracts worth €56.1 million, covering 822,000 m², pushing its annualized committed rent to €441.3 million. Additionally, 36 projects totaling 846,000 m² are currently under construction with a strong pre-letting rate of 76%, while 11 projects spanning 264,000 m² were delivered, 96.3% of which are already occupied.
VGP's strategic land acquisitions include 633,000 m² for future developments, marking its entry into the UK market and expanding its presence in key European countries like Croatia, Denmark, Romania, Germany, Portugal, Spain, Hungary, Czechia, and Italy. With a total land reserve of 9.7 million m², offering a development potential of over 4 million m², VGP is well-positioned to meet the evolving demands for high-quality logistics and industrial properties across Europe.
Sustainable operations with renewable energy solutions
VGP is not just about space; it's about smart, sustainable space. The company's focus on renewable energy offers significant benefits for businesses looking to reduce their environmental footprint and operational costs. Gross income from renewable energy surged by 71.5% year-on-year to €6.5 million. The total installed capacity has grown by 20% to 177.3 MW, with marketable production increasing by 49% to 70 GWh. Partnering with VGP means gaining access to facilities that are not only efficient but also contribute to a greener supply chain, aligning with modern corporate sustainability goals.
VGP in Romania: your local hub for logistics excellence
For businesses operating or expanding in Romania, VGP offers a robust local presence. The company manages an extensive portfolio of over 1 million m² of leasable area, strategically distributed across six modern logistics parks: VGP Park Bucharest Nord, VGP Park Bucharest 2 (Est), VGP Park Arad, VGP Park Timișoara, VGP Park Brașov, and VGP Park Sibiu. These parks provide prime locations and top-tier facilities, ideal for distribution, warehousing, and light industrial operations, ensuring seamless connectivity and operational efficiency within the Romanian market.
VGP’s impressive financial performance and continuous strategic investments underscore its unwavering commitment to providing businesses with premier, sustainable, and strategically located logistics and semi-industrial spaces across Europe. Whether you are expanding your operations or seeking a more efficient supply chain solution, VGP offers the infrastructure and stability you need for success.
Source: intermodal-logistics.ro
