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VGP Unveils New € 1.5 Billion 50:50 Joint Venture -December 18, 2023 at 01:01 am EST - Vimarsana News

VGP Unveils New € 1.5 Billion 50:50 Joint Venture -December 18, 2023 at 01:01 am EST

Regulated Information - Inside Information Antwerp, Belgium – 18 December 2023, 7:00 am: VGP NV , a European provider of high-quality logistics and semi-industrial real estate, is pleased to...

VGP Unveils New € 1.5 Billion 50:50 Joint Venture - Vimarsana News

VGP Unveils New € 1.5 Billion 50:50 Joint Venture

Regulated Information - Inside Information Antwerp, Belgium – 18 December 2023, 7:00 am: VGP NV ("VGP", or “the Group”), a European provider of high-quality logistics and semi-industrial real estate, is pleased to announce the establishment of a new 50:50 Joint Venture named “Saga” with Areim, an independent fund manager and property owner headquartered in Stockholm. This Joint Venture targets € 1.5 billion of gross asset value with a loan-to-value ratio of approximately 35%. It foresees a five

Source: yahoo.com