Regulated Information - Inside Information
- VGP acquires over 700,000 m² from Opel, a brand of Stellantis group, in Rüsselsheim
- The redevelopment will be realised in close coordination with Opel and the city of Rüsselsheim
- The project represents one of the largest and most central industrial property developments in
Germany
With a total area exceeding 700,000 m², these plots were procured from Stellantis, a globally recognized automotive group and mobility provider. Stellantis is in the process of optimising its historic Opel production site in Rüsselsheim, a site with over a century of history. Initially, Stellantis will lease back the properties, gradually releasing them for redevelopment.
VGP’s vision for this acquisition involves the creation of a business park spanning approximately 350,000 m2 tailored for industrial companies and small and medium-sized value-added businesses. In line with its commitment to responsible development, VGP will operate with care to optimize the benefits of the development for the local community in close coordination with the responsible authorities.
This prime location offers unparalleled advantages, with
VGP aims for an ambitious environmental approach for the park, committing to achieving a minimum DGNB Gold certification for all buildings. The new park will be largely independent from the grid as it will benefit from existing electricity facilities and water treatment and recycling services. Rooftops are expected to be equipped with photovoltaic panels and a geothermal system is projected to contribute to the facility’s energy and heating needs by 2025.
This marks VGP’s second significant brownfield acquisition this month, following the purchase of a 194,000 m2 land plot in Vélizy,
With a growing presence, the Group now encompasses 40 locations in
CONTACT DETAILS VGP
Investor Relations | Tel: +32 (0)3 289 1433 investor.relations@vgpparks.eu |
Karen Huybrechts Head of Marketing | Tel: +32 (0)3 289 1432 |
ABOUT VGP
VGP is a pan-European owner, manager and developer of high-quality logistics and semi-industrial properties as well as a provider of renewable energy solutions. VGP has a fully integrated business model with extensive expertise and many years of experience along the entire value chain. VGP was founded in 1998 as a family-owned Belgian property developer in the
For further information please visit: http://www.vgpparks.eu/en
Attachment
- 20231122_Press Release_Rüsselsheim_EN
© OMX, source