Logistics and Semi - industrial Properties
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VGP successfully issues € 600 million senior unsecured 6-year green bonds
Globenewswire· 2026-01-09 17:00
Core Viewpoint - VGP NV successfully issued €600 million in senior unsecured green bonds, demonstrating strong investor demand and commitment to sustainable financing [2][3]. Group 1: Bond Issuance Details - The green bonds have a nominal amount of €600 million, a coupon rate of 4% per annum, and will mature on January 16, 2032 [2]. - The transaction saw an order book that exceeded €3.0 billion, leading to a final oversubscription of 7 times the initial target size of €500 million [3]. Group 2: Use of Proceeds - The net proceeds from the bond issuance will be used to finance and/or refinance a portfolio of eligible assets in line with the VGP Sustainable Finance Framework [4]. Group 3: Market and Trading Information - The bonds will be listed and admitted to trading on the Luxembourg Stock Exchange (EuroMTF), with settlement scheduled for January 16, 2026 [5]. Group 4: Company Overview - VGP is a pan-European owner, manager, and developer of high-quality logistics and semi-industrial properties, with a Gross Asset Value of €8.3 billion and a Net Asset Value of €2.6 billion as of June 2025 [7].
VGP and Areim Agree on Third Closing in 50:50 ‘SAGA’ Joint Venture
Globenewswire· 2025-11-28 06:00
Core Insights - VGP NV and AREIM Pan-European Logistics Fund have announced a third closing of their joint venture SAGA, involving 17 logistics buildings and a parkhouse across 13 different VGP Parks, marking geographical expansion into Austria, Spain, Portugal, and Italy [1][2] - The transaction is expected to close in December 2025, pending merger clearance [1] - This closing is part of a series aimed at reaching a pre-agreed investment target of €1.5 billion, with the third closing priced at a gross asset value of €509 million, generating approximately €369 million in gross cash proceeds for VGP [3] Company Overview - Following the completion of the third closing, the SAGA Joint Venture's property portfolio will consist of 39 completed buildings with a total gross lettable area of approximately 988,000 square meters across 8 countries [4] - VGP operates as a pan-European owner, manager, and developer of high-quality logistics and semi-industrial properties, with a fully integrated business model and extensive expertise [5] - As of June 2025, VGP's gross asset value, including 100% joint ventures, was €8.3 billion, and the company reported a net asset value (EPRA NTA) of €2.6 billion [5]
Shareholders’ Meetings of 9 May 2025
Globenewswire· 2025-05-09 16:00
Core Viewpoint - VGP NV held its Annual and Special Shareholders' Meetings, where all agenda items were approved, including the declaration of a dividend and the appointment of independent directors and auditors [2][4]. Dividend - The Annual Shareholders' Meeting approved a gross dividend payment totaling EUR 90,061,329.06, equating to EUR 3.3 per share for the financial year ending December 31, 2024. The Board of Directors was delegated the authority to determine the payment date and related formalities [3][4]. Company Overview - 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. The company operates in 18 European countries with approximately 380 full-time employees and has a gross asset value of EUR 7.8 billion and a net asset value (EPRA NTA) of EUR 2.4 billion as of December 2024 [5].