VGP’s half year results 2024
Real Estate
VGP NV, a leading European provider of high-quality logistics and semi-industrial real estate, has reported a notable performance for the first half of 2024, ending on June 30. The company saw a pre-tax profit surge of 218% compared to the first half of 2023, reaching €154.6 million. This increase was fueled by €33 million in net rental and renewable energy income, joint venture management fee income of €15.7 million, and significant net valuation gains on the portfolio amounting to €99.1
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