VGP Expands Presence with Business Park Acquisition in Hagen
VGP Expands Industrial Reach with New Acquisition
VGP has successfully acquired the site of the former Kabel Premium Pulp & Paper GmbH in Hagen, an impressive area extending over approximately 280,000 square meters. This transaction, finalized recently, marks a pivotal moment for VGP as the company embarks on its first project in North Rhine-Westphalia, a region rich in industrial history.
The Vision for the Business Park
The new business park that VGP plans to establish represents a significant step toward modernizing this traditional industrial site. VGP is focusing on attracting businesses from various sectors, including production, light industry, and logistics, ensuring a vibrant mix of activities that will breathe new life into the area.
Commitment to Sustainability
Sustainability is at the core of VGP's development strategy. The company is striving for at least DGNB Gold certification for the planned buildings, demonstrating a commitment to environmentally friendly construction practices and reduced carbon emissions. This approach aligns with VGP's adherence to the EU Taxonomy, which emphasizes sustainable building and operational practices.
Strategic Collaboration and Planning
VGP is actively working in partnership with the City of Hagen and its economic development agency. Before construction can begin, a thorough removal of the existing structures and machinery on the site needs to occur. This careful planning reflects VGP's commitment to ensuring a smooth transition from the paper mill’s legacy to a modern business hub.
Local Perspectives on the Acquisition
The Mayor of Hagen, Erik O. Schulz, expressed excitement about VGP's plans, highlighting the potential for new job creation and sustainable economic growth in the region. This collaboration between VGP and local authorities signifies a promising future for the community, showcasing how modern redevelopment can benefit both businesses and residents.
VGP's Background and Future Plans
Founded in 1998, VGP has established itself as a prominent developer and manager of high-quality logistics and semi-industrial properties across Europe. With a workforce of around 412 professionals, VGP operates in 18 countries and has a substantial asset base, demonstrating robust growth and an impressive portfolio. The company’s recent acquisition aligns with its strategy to expand further into strategic locations that support its vision and operational goals.
As VGP transitions this site into a business park, it aims to integrate modern infrastructure with sustainable practices, ensuring it meets the evolving needs of the industrial sector. The region, known for its well-developed logistics network, will benefit significantly from this new venture.
Conclusion
This acquisition not only illustrates VGP’s dedication to enhancing its portfolio but also underscores the significant implications for regional economic development. The transformation of the former paper mill in Hagen into a state-of-the-art business park is set to provide new opportunities for businesses and job seekers alike, signifying a bright and sustainable future for the local area.
Frequently Asked Questions
What is the significance of VGP's acquisition in Hagen?
This acquisition represents VGP's commitment to developing sustainable business parks in key industrial regions, enhancing local economies.
What are the key plans for the site acquisition?
VGP plans to transform the site into a modern business park, targeting industries such as logistics, production, and light industrial sectors.
How does VGP ensure sustainability in its projects?
VGP aims for DGNB Gold certification for its buildings, focusing on sustainable practices and reduced carbon emissions throughout the development process.
What collaborative efforts is VGP pursuing for this project?
VGP is actively collaborating with the City of Hagen and local economic development agencies to ensure a comprehensive and effective redevelopment strategy.
What is VGP's overall mission as a company?
VGP aims to develop high-quality, sustainable logistics and semi-industrial properties across Europe while providing renewable energy solutions.
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