Heidelberger Druckmaschinen AG

Heidelberg and VGP develop modern HEI-TECH industrial park at Wiesloch/Walldorf site - Seite 2

For Heidelberg, the project is a further milestone in the planned site and structural optimizations in Wiesloch/Walldorf. The Wiesloch/Walldorf site covers a total area of around 840,000 square meters. Of this, more than 200,000 square meters will be re-marketed with VGP as part of the planned site and structure optimizations. Almost 5,000 employees currently work at the site. Heidelberg will achieve a purchase price in the mid double-digit million-euro range. The transaction is scheduled to be completed in financial year 2022/23.

VGP is a family-owned European developer, operator and owner of high-quality logistics and commercial real estate. The company has a fully integrated business model and many years of experience along the entire value chain, from land acquisition and development to asset and property management. The VGP Group operates in thirteen European countries and remains on track for success. In Europe, the family-owned company based in Antwerp, Belgium, now operates 94 parks in twelve countries.

For more information: https://www.vgpparks.eu/en/

Figure: Heidelberg and VGP develop modern HEI-TECH industrial park at the
Wiesloch/Walldorf site.

For additional details about the company and image material, please visit the Press Lounge of Heidelberger Druckmaschinen AG at www.heidelberg.com.

 

Heidelberg IR now on Twitter:

Link to the IR Twitter channel: https://twitter.com/Heidelberg_IR
On Twitter under the name: @Heidelberg_IR

Further information: Heidelberger Druckmaschinen AG Corporate Public Relations Thomas Fichtl Phone: [phone] Telefax: [phone] E-Mail: [e-mail]

 

VGP
Anette Nachbar
Brunswick Group (Anfragen für VGP)
T: [phone]
E-Mail: [e-mail]

Important note:

This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macro-economic situation, in the exchange rates, in the interest rates, and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.