The industrial construction company VGP Group (BETAPHOTO/YouTube PrintScreen)
On March 13 in the Belgrade suburb of Dobanovci, the industrial construction company VGP Group from Belgium broke ground on what will be the region’s largest business park, where office and warehouse space will be available for rent.
Named VGP Park Beograd, the complex will span 1.14 million square meters near the junction of the Belgrade city motorway (on route A3) and the Belgrade bypass (along route A1), just four kilometers from the capital’s Nikola Tesla Airport.
The park’s cornerstone was jointly laid by Serbian President Aleksandar Vucic and VGP Group CEO Jan Van Geet.
VGP owns, operates and builds logistics and semi-industrial real estate in the vicinity of large cities throughout Europe, prioritizing easy access to main thoroughfares and 24-hour service. The family-owned enterprises is active in 17 countries and owns property in 14, and is listed on the Brussels Stock Exchange.
In December 2022, the company’s gross assets were calculated at EUR6.44 billion, while its net worth was EUR2.3 billion.
The VGP Group owns large parcels of land intended for future projects, predominately large multi-tenant business parks.
The VGP Park Beograd is the company’s first project in Serbia.
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