VGP closes the primary semester with a worldwide web revenue of 153.1 million


The proprietor and supervisor of logistics and industrial properties VGP has closed the primary half of 2022 with a worldwide web revenue of 153.1 million euros.

In a press release this Friday, the corporate defined that many of the income come from the working outcomes generated by promotional actions, which quantity to 147.1 million.

Rental revenue has additionally contributed, both
instantly or by way of the Group’s participation in joint ventures, which gave rise to a revenue of 47 million euros.

Leases signed and renewed through the first half will whole 35.4 million annualized euros, bringing the Group’s annualized rental revenue to 281.1 million euros.

Germany, Spain and the Netherlands have been the principle drivers of development in new leases, with €9.32 million of recent leases signed through the yr, of which
3.8 million euros correspond to Spain.

The corporate owns a portfolio of developable land
(owned or dedicated) of 11.31 million sq. meters, with a technique targeted on the event of enterprise parks.

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