2014

17 Nov 2014

VGP continues its strong growth 

• During 2014 VGP has now acquired circa 1 million m² of new development land
• 117.1 % increase of committed annualised rent income since 31 Dec-13 to EUR 22.5 million (+ € 12.1 million)
• Strong demand recorded from manufacturing companies

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During the third quarter of 2014 VGP continued to record strong growth in all the markets where the Group is active, with Germany growing
exponentially.

Since the beginning of 2014 VGP has expanded its land bank by securing 2.1 million m² of additional new development land of which 1.0 million
m² was already acquired during the year. These new land plots allow VGP to develop a further 450,000 m² of future lettable area.

The development activities and leasing activities are continuing to grow strongly, supported by the strong demand for new lettable space from manufacturing and logistic companies recorded especially in Germany and Estonia. Also in VGP's other markets a sound demand for lettable space is noticed.

VGP Trading Update Q3-2014 EN 17.11.14.pdf

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21 Mar 2014

• Profit for the year of € 24.3 million (+ € 12.7 million against 2012)
• 50.2% growth in gross rental income (+ € 1.5 million) to € 4.6 million
• 106.5% increase of committed annualised rent income to € 10.4 million as at the end of December 2013 (compared to € 5.0 million as at 31 December 2012)
• The signed committed lease agreements represent a total of 206,572 m² of lettable area with the weighted average term of the committed leases standing at 7.6 years at the end of December 2013 (9.8 years as at 31 December 2012)
• 11 projects under construction representing 152,514 m² of future lettable area, with 3 additional projects (32,210 m²) started-up after the end of December 2013
• 958,000 m² of new development land acquired of which 803,000 m² located in Germany with another 769,000 m² land plots (705,000 m² located in Germany) targeted and already partially committed to expand land bank and support development pipeline
• Net valuation gain on the investment portfolio reaches € 27.9 million (against € 12.3 million at the end of 2012)
• The fair value of the investment property and the investment property under construction (the "property portfolio") as at 31
• December 2013 increased with 122.2% to € 225.8 million (compared to € 101.6 million as at 31 December 2012)
• Acquisition of the Czech facility manager SUTA s.ro.
• Successful placement of 2 bonds i.e. on 12 July 2013 of 75 million bond
• Distribution of a € 7.6 million capital reduction (€ 0,41 per share) to the shareholders on 16 January 2014