Vgp is investing in data centres. Italia is at the heart of this development
The Belgian group has increased its turnover and profit. Agreement reached with a specialist firm for the development and management of platforms. Project in Paderno Dugnano
Italia remains at the heart of VGP’s development strategy. VGP is a Belgian group that owns, manages and develops energy-efficient logistics and semi-industrial properties; it was founded in 1998 and now operates, with 452 employees, across 18 European countries, including Italia, where it has been operating since 2018 as VGP Italy, based in Segrate.
Italia at the heart of development
The main acquisitions in the first half of 2026 were in fact concentrated in Italia, as well as in Romania, Germany and Latvia. Among the key acquisitions in Italia, we would highlight the VGP Park Reggio Emilia Gavassa: the site, covering an area of 161,000 square metres with a development potential of 72,000 square metres, is situated a short distance from the A1 motorway exit, along the route linking Milan, Reggio Emilia and Bologna. A strategic location in a dynamic and densely populated area, characterised by a strong industrial focus and offering easy access to the main urban centres of Emilia-Romagna.
The Data Centre Business
Another rapidly growing area for VGP, in which Italia can play a key role, is that of data centres: the group has in fact signed a Memorandum of Understanding for the creation of a pan-European platform dedicated to the development of these facilities, in collaboration with a partner specialising in the development, financing and management of such platforms. VGP will contribute its local expertise and substantial development pipeline, which initially includes projects in Paderno Dugnano, in the Milan area, and Rüsselsheim, near Frankfurt, both of which are at an advanced stage in securing the necessary energy capacity and relevant authorisations. VGP currently intends to retain a 50 per cent stake in both the operating company and the joint venture that owns the assets.
First-half results
Innovative projects that are contributing to VGP’s growth, as also confirmed by the results for the first half of the year, which recorded a pre-tax profit of 141 million euros, with net asset value rising by 10.5 per cent to 2.9 billion euros. EBITDA reached €186 million, thanks to the strong performance across all business segments and continued growth in recurring revenue.
In the first half of the year, lease agreements worth €52.7 million were signed and renewed, bringing the total annual rental income at the end of the period to €488.9 million (an organic year-on-year increase of 10.8 per cent).
