Italy confirms itself at the center of VGP’s development strategy, a Belgian group owner, manager, and developer of high energy-efficiency logistics and semi-industrial properties, founded in 1998 and currently present, with 452 employees, in 18 European countries, including Italy, where it has been operating since 2018 as Vgp Italy, based in Segrate.
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Italy at the center of development
The main acquisitions in the first half of 2026 were indeed focused precisely in Italy, as well as in Romania, Germany, and Latvia. Among the main acquisitions in our country, we recall the VGP Park Reggio Emilia Gavassa: the land, with an area of 161 thousand square meters and a building potential of 72 thousand square meters, is located a short distance from the A1 motorway exit, along the axis connecting Milan, Reggio Emilia, and Bologna. A strategic position, in a dynamic and densely populated area, characterized by a strong industrial vocation and able to guarantee easy access to the main urban centers of Emilia-Romagna.
The Data Center business
Another rapidly growing area for VGP, in which Italy can play a fundamental role, is that of Data Centers: the group has in fact signed a Memorandum of Understanding for the creation of a pan-European platform dedicated to the development of these facilities together with a partner specialized in the development, financing, and management of such platforms. VGP will provide its local know-how and the relevant development pipeline which initially includes the projects of Paderno Dugnano, in the Milan area, and Rüsselsheim, near Frankfurt, both in advanced stages of obtaining the necessary energy capacity and related authorizations. VGP currently intends to maintain a 50% stake both in the operating company and in the joint venture owning the assets.
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First half results
Innovative projects contributing to VGP’s growth, also confirmed by the results of the first half of the year, which recorded a pre-tax profit of 141 million euros, with a net asset value growth of 10.5%, to 2.9 billion euros. EBITDA reached 186 million euros, thanks to the good performance of all business segments and continuous growth of recurring revenues.
In the first half of the year, lease contracts worth 52.7 million euros were signed and renewed, bringing the total annual rental income at the end of the period to 488.9 million euros (+10.8% organic growth year-on-year).
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