VGP NV : Let’s get back to business
The sentiment on the logistics market continues to improve, with the outlook for lower interest rates and construction costs, while space is scarce and long-term demand is still very strong. VGP is gradually getting back into the development race, as evidenced by the start-up of new projects and the return of margins to satisfactory levels. Against a difficult backdrop in 2023, the group has managed to find new partners in order to revive its growth story beyond Allianz and provi...VGP NV is a Belgium-based real estate development company that constructs and develops industrial real estate and ancillary offices, which are rented out to clients on long term lease contracts. The Company operates in three business segments: the Development activities segment is focused on the identification and acquisition of the land and development of the infrastructure, the design of buildings, the coordination of architectural and engineering aspects, the administration to obtain the necessary permits, the tendering and coordination of the construction works, including site management, and the facility management of the real estate portfolio; the Property Management and Leasing services segment is responsible for managing the operation of the buildings, and the Facilities Management services segment is responsible for managing the operation of the buildings and performs all actions, such as maintenance services, waste management services and maintenance greenery, among others.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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