Belgian VGP Plans to Invest Over €1.5 Billion in France by 2031

en.Wedoany.com Reported - Belgian real estate company VGP announced on June 1, 2026, during the "Choose France" summit, its plan to invest over €1.5 billion in France by 2031. Of this, €1 billion will be allocated by 2029 to deliver 1 million square meters of buildings, including semi-industrial facilities, business parks, and warehouses. According to estimates relayed by the Élysée Palace, these future developments on 250 hectares of brownfield land will create 5,000 direct jobs and 11,250 indirect jobs over six years.

French President Emmanuel Macron commented on X while sharing a related post, stating that this investment of over €1.5 billion for developing high-quality industrial parks serving industrial, logistics, and semi-industrial sectors represents a firm and lasting commitment to national attractiveness and reindustrialization. He specifically used the Dutch phrase "Dank u!" to pay tribute to this listed real estate group with Flemish roots. In March 2025, VGP had already secured over 400,000 square meters of buildings to be built or under construction in mainland France. Aurélien Coudert, General Manager of VGP France, stated at the time that multiple construction projects would be launched, and commercial activity would accelerate significantly as projects progressed. With the commitments made at the ninth "Choose France" summit, this pan-European real estate developer has reached a new milestone in its expansion in the French market.

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