EOL completes transaction with pan-European group VGP on 32 hectares of land

EOL - an industrial and logistics real estate consultancy - has just finalised a transaction with VGP, a developer and investor of logistics and industrial parks on a 32-hectare plot of land located in the Petite Couronne region of Paris, enabling the development of approximately 150,000m². This is the first acquisition in France for the This is the first acquisition in France for the pan-European group, VGP, which is delighted to start its activity in the dynamic territory of the Rouen metropolis. This project of rehabilitation of industrial wastelands is at the heart of the expertise and strategy of VGP and EOL, which is a major player in the reindustrialization. During this operation, EOL advised the buyer (VGP).

"This new transaction confirms the will of EOL to participate in the economic life of our regions but also to accompany the companies in their project of reindustrialization.Our know-how in terms of support and search for solutions, our precise knowledge of the region and our relationship with Jean-Yves HEYER, Managing Director of RNI (Rouen Normandie Invest), have enabled us to support the VGP Group in this large-scale operation". explains Jean-François Mounic, General Manager of EOL.

VGP trusted EOL to accompany it in the realisation of this operation. The knowledge of the region and the know-how of EOL were serious assets for this first establishment of VGP in France.

Benefiting from a particularly strategic location, close to the A13 motorway, the site required major decontamination work. With the aim of starting work in 2023, the site will be used for industrial and logistics projects on a surface area of 150,000m2 .
EOL is proud to participate in the dynamism of this region and to contribute through this site to the creation of jobs.

VGP has a strong environmental policy:

The stakes of energy efficiency, reduction of the carbon footprint and sustainability of buildings are strong values of VGP which makes it its priority. Indeed, the company, which is committed to having a neutral carbon footprint by 2025, also wants its buildings to be certified "BREEAM Excellent".

" The VGP group is delighted to be starting its activity in France on a site as exceptional as this one, with economic and environmental ambitions. The rehabilitation of industrial wastelands being at the heart of our business, this project is a great opportunity for us to to deploy our industrial and logistical know-how. The uncertain geopolitical situation and the rise in transport prices mean that companies are increasingly looking for local support to start their business. In this context, we strongly believe in the relevance of our integrated model with a long-term vision. We are now eager to get to work and bring to the project all the expertise of the VGP group. " says Jan Van Geet, CEO of VGP.
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