VGP announces the acquisition of a 294,000 sqm land plot for the development of VGP Park Oradea, a new logistics and industrial park in western Romania. The future park will offer an initial total lettable area of 133,000 sqm.
The new park is located 3 minutes from the DEx16 expressway and 15 minutes from the Borș border crossing, the busiest point on Romania’s western border with Hungary.
The new park will be designed to meet VGP’s standards for sustainability, technological readiness and operational efficiency, supporting a very broad type of tenants looking for future-proof industrial and logistics facilities. The project aims to achieve the BREEAM Excellent certification and align with EU Taxonomy standards.
VGP Park Oradea is being added to a portfolio of strategically located industrial and logistics parks in Arad, Brașov, Bucharest, Timișoara and Sibiu. Since entering Romania in 2007, VGP has acquired more than 1.7 million sqm of modern industrial space, offering nearly 900,000 sqm of potential lettable area and integrating advanced sustainable solutions.
