16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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Building Dear readers “He who dares not, must hope not.” These words come not from me We will gradually incorporate the experience gained from these two 03 Editorial but from the greater German poet projects into future new construction Friedrich Schiller. In my opinion, they perfectly express how we at projects. At the same time, from 1 Jan- uary 2020, the VGP Group will have 04 VGP think long term, deal with all new buildings to be constructed News challenges and seize attractive certified with the industry-leading opportunities for our customers. and renowned BREEAM certificate for 06 tomorrow For me, the current issue of VGP Lo- compliance with sustainability stand- Business cation³ is a very special one because, ards along the entire value chain. among other things, we present two But sustainability will not be the The opportunity of the exciting projects in Germany upon only focus for our company. In order century for KraussMaffei which VGP has worked intensively to master the exciting and interest- over the past few years, and where we ing challenges of the coming years, took a chance along the way: Munich and Laatzen. we have further strengthened our Board with extensive external exper- 08 Projekt On 12 December 2013, we acquired tise. In this issue, I am particularly VGP Park Laatzen our first property in Bavaria. On pleased to present our three new VGP 18 July 2019 – almost six years later – Board members elected in May 2019: 09 today we were able to announce the actual Katherina Reiche, Vera Gäde-Butzlaff Exkursion start of the project at a press confer- and Ann Gaeremynck. To these three Munich has so ence in Vaterstetten. strong women, each an outstanding Over the next few years, we will be personality in her own right, I would much to offer developing the new Munich business like to take this opportunity to wel- park on an area of around 40 hectares for such traditional industrial icons as come you once again. Last but not least, we announced 12 Quo vadis the BMW Group and the KraussMaf- the second 50/50 joint venture with VGP Foundation fei Group. The start of construction Allianz Real Estate on 1 July, 2019. marks the start of the largest reloca- This proven partnership will help us tion project in the greater Munich area since the airport was relocated from to grow further in already developed markets such as Spain and Italy, but 13 Event Riem to Erding in 1992. also in a fast growing market such as Transport logistic For more than five years now, we Romania. fair in Munich have been making repeated efforts As you can see, a lot has happened We contribute to acquire an attractive land site in Laatzen near the Hanover Fair. In 2019 we finally succeeded. The go-ahead in recent weeks and months. And we have set the right course to ensure that things do not get boring in the 14 Our team with turn-key solutions for the construction of the 28 hectare industrial park was given in June future and that we continue to suc- cessfully develop VGP together with People in the VGP Team to your success 2019 at a joint press conference with the city of Laatzen and anchor ten- ant KraussMaffei Berstorff, another our customers and employees. 18 Brand story KraussMaffei Group company. After I hope you enjoy reading Technology Pioneers are heading into the Future www.vgpparks.eu more than 130 years, this traditional company will move from its current VGP Location3 Jan Van Geet location to our new industrial park in Laatzen. 20 Interview I am so proud of these two projects Ladies’ turn: VGP because they are not just milestones for VGP in Germany, they also show shareholders elect what VGP stands for: Persistence, vi- new board members sion and customer orientation. Over the years, we have invested a lot of time and energy in these properties because we were convinced of the lo- 22 Dreams cations and were able to win the right What forms the customers for these projects. Both myth of Bavaria parks together are already 88% pre-let. At the same time, with these projects we are taking a new path towards sustainable construction and 25 resource-conserving operation. The The kingdom of Bavaria published by — editor-in-chief — photography — VGP Group will install one of the larg- VGP Jenišovice 59 468 33 Jenišovice u Jablonce nad Nisou Jan Van Geet editorial staff — Jan Van Geet, Petra Vanclova, Karen VGP archive, Pavel Horák, www.phph.cz Bavarian Castles and Lakes Administration, KraussMaffei, est photovoltaic systems ever to be installed on a building in Europe on 26 Czech Republic Huybrechts, Gale A. Kirking, CFA, MBA www.shutterstock.com the hall roofs of Munich Park. Do you need space? tel +420 483 346 060 (English Editorial Services, s.r.o.), design — e-mail location@vgpparks.eu Anette Nachbar (Brunswick Group Markéta Hanzalová, www.colmo.cz www.vgpparks.eu GmbH) print — Issue 16, volume XII. language editor — ASTRON studio CZ, a. s. English Editorial Services, s.r.o., MK ČR E 20480 Brunswick Group GmbH pages 2/3
logistics area of Valencia: Business Continued VGP plans to build a new park Area of the A-3 highway (Ribarroja, Cheste and Loriguilla) with direct momentum in Cheste close to Valencia access to both the airport and Port of Valencia and a few minutes from for 2019 the junction with the A-7 (Alicante- Barcelona). VGP has been advised on this project by Triangle Real Estate Management. This strong On 10 May 2019 VGP published and decisive commitment to the its market update for the period Valencian market and to the new of the first four months of Logistics Park of Cheste is in addition 2019, during which VGP had to those that VGP has recently carried € 18.1 million of signed and out in other locations of the Spanish renewed lease agreements. Cur- logistics market, such as VGP Park rently, the Group has 547,000 m2 San Fernando de Henares, VGP under construction, represent- Park Mango in Barcelona, VGP Park ing € 28.2 million in additional Fuenlabrada and recently VGP Park annual rent once fully built and Zaragoza. In total, 320,000 m 2 has let. VGP delivered 4 projects of been built. At the moment, VGP has totalling 62,000 m2 of lettable a total of 55 multi-tenant and high- area and representing € 3.2 mil- quality standardised logistics parks lion of annualised committed in 12 European countries. The Group leases. These buildings are fully VGP Spain has acquired 75,000 m 2 of and sustainability. manages a portfolio with a total value leased out. The Group is also land plots in Cheste where VGP plans The project is located in the prime as of year-end 2018 of €1.94 billion. continuing in expanding its land to build two logistics buildings. The bank to secure future growth. and ceiling with visible installations, land plots were acquired in stages Total land bank acquired and Relocation of the hardness of which is balanced by in the course of the last few months secured has increased to 5.8 wooden elements and plentiful greenery. and are expected to host two state- million m 2, which can offer 2.6 million m 2 of future lettable Prague offices The Rustonka administrative complex is located in the attractive Karlín neigh- of-the-art logistics platforms. The project could create about 400 new area. VGP CEO Jan Van Geet is bourhood, close to the Invalidovna jobs and requires a total investment delighted by the Group’s per- underground station. The building’s of approximately € 22 million. VGP formance. “We have started the At the beginning of 2019, the VGP team architecture is inspired by the location’s has presented a commitment to the year on a strong footing as we in the Czech Republic relocated from industrial history. The building received City Council of Cheste to deliver in see continued momentum across its offices in Horní Počernice to the new the LEED Gold Certificate. Our new ad- total more than 41,000 m 2 of logistics the markets in which we operate. Rustonka administrative building in dress is Rustonka, building R2, Rohanské platforms. The first building will Market fundamentals are strong, Prague 8. Our in-house architects Marek nábřeží 693/10, Prague 8. have 15,000 m2 of total leasable area with remaining robust demand, Kopp and Juraj Kováč created an excep- and 18 loading docks. On the other disciplined supply and contin- tional and pleasant workspace combin- plot, a platform with 26,000 m2 of ued land scarcity,” said Jan Van ing open and enclosed spaces where total leasable area will be built. Geet. The 30 projects under everyone enjoys working. A main part These buildings will be delivered to construction during the first of the offices is a multi-functional relax high technical standards and great four months are currently 60% zone dominated by a bar counter instead modularity for potential customers pre-let. The signed new leases of the classic office kitchen. It is used and optimised for energy efficiency have a weighted average lease for meetings, screenings, listening to term of 13.0, years which has in- music, and physical exercise using gym creased the average term of the equipment. The interior design makes portfolio to 8.2 years (vs 7.8 years reference to the industrial focus of VGP New project in Buseck at Dec ember 18). On 1 April, the buildings with walls of exposed concrete fifth closing with VGP Euro- pean Logistics, the 50/50 joint in Germany: earthwork venture with Allianz Real Estate, was successfully completed for to begin shortly a transaction value of € 203 mil- lion. The transaction comprised of 9 buildings (5 in Germany and In December 2018, the company Industriebau GmbH, believes in the 4 in the Czech Republic), includ- acquired a land plot of approx. location: “Together with the city ad- ing 3 buildings each in a new 36,500 m 2 on Kasseler Strasse in ministration, we want to help shape VGP park and another 6 newly Buseck in Germany. In March of this the economic development of the completed logistic buildings year, the first lease agreement was Buseck community through the new which were developed in parks signed with logistics service pro- VGP building.” Scheible is looking previously transferred to the vider Strauß LogPack. In addition to forward to the cooperation with the joint venture. The net proceeds logistic companies, companies from community. “Close planning based on from this transaction (includ- the manufacturing sector are also to partnership is indispensable in order ing disposed cash) amounted to move into the building. It will offer to create trust and sustainable added circa € 130 million and are being space for more than 100 partly highly value in the region.” he remarked. used for financing of existing qualified jobs in production, logistics Construction work is scheduled to projects under construction and and administration. Darius Scheible, begin this summer and is expected to for the acquisition of new devel- Managing Director of the Düssel- continue until the beginning of next opment land. dorf-based German subsidiary VGP year. issue 16 — 2019 — volume xii. News pages 4/5
Q KraussMaffei Q What Photo © KraussMaffei is 181 years In building technology: will be the impact of Business old today, and it has moved Photovoltaic system, combined heat KraussMaffei’s digitisation several times during the compa- and power unit, heating and cooling strategy? ny’s history. The first plant was in sails in the offices, active hall ventila- It is already doing this by enabling the Hirschau, which is now a part of tion, sprinkler system incl. fire detec- implementation of concrete value- The opportunity Munich’s English Garden. Later, tion, intelligent LED lighting with adding products and business models. KraussMaffei started produc- light and motion sensors. At the heart of the new Digital Service tion at the Marsfeld area, west Solutions division will be the digitisa- of Munich’s city centre. Now, For employees: tion of customer services. One pillar is this company with a long tradi- Modern and ergonomic office the digital ‘e-service platform’, which tion has once again decided to concepts, collaboration areas, enables customers to order machine of the century relocate, this time from Munich’s Allach District to Parsdorf, on the city’s eastern outskirts. Why will KraussMaffei move again? The relocation is part of our global growth strategy. We want to move to a modern canteen and cafeteria with an outdoor area. In terms of mobility: Ideal pubic transport connections (suburban railway, bus, motorway), spare parts and access machine-spe- cific documentation 365 days a year using a digital 3D spare parts finder. Like Amazon, this enables us to order quickly as required, anytime and anywhere, transparently, with just one for KraussMaffei Parsdorf from 2022 to 2027 in order to be able to expand and modernise. The new location covers an area of 250,000 m² and can accommodate up to 2,500 employees. This makes the location suitable for the future. The employee parking garage, charging stations for electric vehicles. Q KraussMaffei has been pur- suing its ‘Compass’ strategy since last year. What goals are you click on the smartphone. Q What are KraussMaffei’s expectations from the new location? Why was Parsdorf chosen in the end? move will create more space for us to pursuing with this strategy? After almost a century of successful In an interview with VGP Location3, accelerate our growth, secure existing With the ‘Compass’ strategy, we are work in Allach, we are reaching our Dr Frank Stieler, CEO of KraussMaffei, jobs, and build new ones. For compar- focusing on expanding our busi- limits there. This is something we ison: in Allach we currently employ ness models, especially in the area want to change quickly. However, it describes the rationale for one of 1,800 people, there is no adequate of digital services. In 2018, as part is important for us to acknowledge Munich’s biggest relocation projects space for expansion. In addition, we of a strategy project, we recognised our origins. KraussMaffei’s roots lie want to motivate our employees by the enormous opportunities offered in Munich. For this reason, we were in the last 30 years and explains creating a new and modern working by digitisation and the associated delighted to find a partner in VGP how the planned move is linked to environment. That’s why we’re not need for further development from who can provide us with a location in KraussMaffei’s digital strategy. afraid to realise one of the largest relocation projects in the Munich area mechanical to digital excellence. We responded with a structural change, the Munich area where we are able to realise our plans for a modern loca- in 30 years. For us, the relocation is bundled our service units under a tion. Four new production halls, a an opportunity to flourish in a new new segment and established the Dig- pilot plant, two administration build- environment. ital Service Solutions business unit in ings and two modern car parks with July 2018. We also created Customer electric filling stations are to be built Q What led to the co-operation with VGP? Which factors Value, which bundles all activities into business model innovations, and on the site. The Parsdorf location thus offers Krauss-Maffei the chance for were decisive? Digital Products. the century. VGP is a recognised developer of industrial real estate, whom we trust Photo © KraussMaffei to be able to implement such an im- portant and future-oriented project on time and cost. What is more, we have been particularly impressed by the company’s business development in recent years and the experience that VGP has gained in the construc- tion and leasing of industrial prop- erties. Finally, the fact that Allianz Real Estate is on board as a strong partner was a decisive factor. And of course, VGP was able to offer a property in Parsdorf which meets our requirements. Q Which innovations are planned at the new location? The Parsdorf location will be imple- mented consistently according to the Smart Factory concept. Modern logistics, the creation of new work processes and the opportunities of- fered by digitisation will significantly increase productivity. A whole series of innovations is planned, with whose implementation we expect to achieve a promising result. I would like to pick Dr Frank Stieler, CEO of KraussMaffei out a few of them here: Business pages 6/7
Photo © Shutterstock.com Project VGP Park Laatzen strengthens VGP’s standing in Northern Germany Just 21 minutes by car from Hannover city of Bremen and to the North Sea. Economically more important today and less than 15 minutes from Deutsche is the Mittelland Canal, Germany’s Messe, Germany’s large trade exhibition longest man-made waterway. Passing centre, VGP Park Laatzen will offer many the city on the East and North, the canal connects Hannover to European advantages to its future tenants inland waterways and to the North Sea ports. Development of this new park in Major motorways, railways, and an Lower Saxony is expected to begin in international airport are additional 2 November 2919. VGP Park Laatzen is a greenfield project situated on a rather 287,833 m components of the city’s and regional transport infrastructure for freight, large land area of 287,833 m². The Land area goods and passengers. The North– premises will be suitable for logistics South A7, East–West A2, and North- Excursion and industrial activities. Lettable area east–Northwest A1 motorways are 2 will total approximately 130,000 m² and consist of five to seven buildings, 130,000 m regional road connections of inter- national importance. Hannover, like depending on the future tenants’ Lettable area other major cities in Lower Saxony, needs. Hannover lies within Northern Germany’s Hannover–Braunschweig– Göttingen–Wolfsburg Metropolitan Region, which encompasses approxi- trade, the Hannover Region also is a vital European transportation hub. Hannover’s transport and trade also is connected to Deutsche Bahn’s Intercity-Express high-speed train network. The park at Laatzen near Hannover is not the first that VGP has developed in Northern Germany, Munich has so much mately one-third of Lower Saxony’s history dates back at least to the and it likely will not be the last. VGP land area but nearly half its popula- Middle Ages, when the River Leine Park Göttingen is about 120 km to the tion. Economically important for agri- flowing through the city connected south and VGP Park Hamburg 160 km culture, manufacturing, services and Hannover to the Hanseatic League to the north. to offer (and, yes, then there’s the beer…) Okay, so when people think of Munich the first things that come VGP Park Laatzen to mind are likely to be beer, Oktoberfest, and then beer again. issue 16 — 2019 — volume xii.
Photo © Olgysha / Shutterstock.com Photo © Shutterstock.com Photo © Shutterstock.com 5 minutes’ walk from Marienplatz. say). Typical local foods, Julien This big and famous tavern is open relates, include (roast pork), Schwein- every day until midnight, so we might shaxe (pork knuckle), Dampfnudeln come back and spend more time here (steam dumplings), and Kaisersch- later. Now, we want to walk over to marrn (torn up pancakes served with the Viktualienmarkt. This is a big plum jam and powdered sugar, said to open-air food market and operates have been a favourite of Franz Josef I). every day except Sunday. You might “Okay, maybe Kaiserschmarrn is from call it a farmer’s market, but it’s really Austria,” Julien admits “but it is very more like a big gourmet food market. popular here… So there is a lot of pork From there, we’re going to stroll over and potatoes, but that goes very well to Sendlinger Straße to see the Ba- with beer, and we must mention that roque Asam Kirche, which is impres- there are dozens of local brands. One of sive from the outside but incredible the best places to try all of the above is inside. We also will walk over to the at Hofbräukeller on Wiener Platz.” nice square called Jakobsplatz to see It is difficult to say when is the best the new synagogue, which has a very time to visit Munich, because things interesting architecture. are going on in this very dynamic city Oktoberfest “But we won’t spend the whole time Marienplatz town hall and Frauenkirche all through the year. Of course, Julien in the central old town,” Julien con- notes, Oktoberfest is popular with in- tinues, “because we also like to show ternational visitors and the local peo- visitors the English Garden with its ple alike. That is the best time to see Munich does have great beers, of course, and die Münchner do know city, will combine the must-see touris- tic sites with discovering a few of the Chinese Tower. This large park is the green lung of Munich, and it’s nice to go (art from the Middle Ages through the Renaissance and Baroque) and “A highlight is the locals in their traditional Bavarian clothing and celebrating Bavarian life, how to throw a good party, but Ger- many’s third-largest city (after Berlin locals’ secret places. Julien is happy to share some suggestions. “When we there for a bike ride. It’s possible to rent bikes (and Munich generally is really the Neue Pinakothek (billing itself as “from Goya to Picasso”). to sit in the beer but Munich’s famous beer garden cul- ture is a year-round phenomenon. The and Hamburg), situated just a half- have visitors, usually we go to the city well set up for biking), so that makes The Nymphenburg Palace is the for- garden of the Christmas markets are a big attraction. hour’s drive from the Alps, can justifi- centre,” he begins. “The typical path it easy. A highlight is to sit in the beer mer summer residence of the House of “Each neighbourhood has a different ably boast also of world prominence starts from Odeonplatz, where you’ll garden of the Chinese Tower and watch Wittelsbach, a royal family that ruled Chinese Tower and type of market,” Julien explains, “rang- in industry and commerce, culture, see the Theatiner Kirche (Theatine the surfers. Yes! There are surfers in much of Bavaria (among other places) ing from the traditional on Marienplatz science and education, and standard Church of St. Cajetan) and of course the Munich! The manmade Eisbach River from the late Middle Ages until 1918. watch the surfers. and at the Chinese tower to the medi- of urban living. For anybody making Residenz, which was the royal palace flows through the English Garden and The palace’s botanical gardens should eval at Wittelsbacherplatz and to the an extended visit, it is not difficult of the Bavarian monarchs.” We then forms a permanent wave that you just not be missed in any case. In addition Yes! There are artistic at Münchner Freiheit.” to understand why the latest Mer- cer Quality of Living Survey ranked walk in the direction of Marienplatz, which is the city’s central square. If have to see to believe.” Other popular tourist sites in to those houses of worship already mentioned, the two-towered late- surfers in Munich!” The summer and warm-weather months generally can be beautiful in this capital of Bavaria 3rd among the the timing is right, we can watch the Munich well worth visiting include Gothic Frauenkirche is the dominant Munich and Bavaria. The beer gardens world’s most-liveable cities (after Glockenspiel on the New Town Hall the Deutsches Museum (said to be the landmark in Munich’s centre. Its Julien Dufros are open, one can ride about on rented Vienna, Austria and Zürich, Switzer- perform at the top of the hour (only world’s largest museum of science 100-meter towers are visible from Group Controller, bikes, and there are various festivals. land). To learn more about historic at 11:00 and 12:00, but also 5:00 pm and technology, with plenty to see everywhere in central Munich. At the For visitors staying long enough to get Munich, we consulted with Julien in summer). The beautiful Old Town and do for the whole family) and the entrance to the red brick church, visi- VGP Industriebau GmbH out of town a bit, there are several nice Dufros, Group Controller at VGP In- Hall, dating back to the 14th century, BMW Museum. For art lovers, Julien tors will find a footprint pressed into lakes in the area (i.e. Starnbergersee, dustriebau GmbH. is also there. recommends especially der Moderne, the floor that is said to have been left Chiemsee, Tegernsee, and Schliersee), Julien and his wife have been liv- Of course, we must stop by at the which exhibits 20th and 21st century there by the Devil himself. Elisabethmarkt has a small Biergar- and a person can go hiking in the ing in Munich for more than 15 years. Hofbräuhaus on Platzl, which is just art. There are also the Alte Pinakothek Smaller and less imposing, but inter- ten, just ideal for a refreshing bever- Alps. “You also should not miss visiting He says they greatly appreciate the esting in its own right as the oldest par- age or lunch. Speaking of food and Neuschwanstein castle,” Julien em- quality of life here. There are many ish church in Munich is Peterskirche. drink, a visitor scarcely can miss phasises. The fairy-tale castle, built by Photo © Shutterstock.com professional opportunities with It is situated on the only substantial sampling the Bavarian cuisine (or Ludwig II of Bavaria, is just two hours large international companies and hill in the old town. For those ready to Küche, as we should more properly from Munich by car. international organisations. Munich climb some 300 steps to the top of the has expansive green zones, is known church’s tower, an observation deck Photo © Shutterstock.com as a generally safe city, and offers provides a 360° panorama of the city. much in terms of culture, recreation, Julien is willing to share some local and sports (for example, FC Bayern secrets, too. If you enjoy fitness and München is the most successful foot- nature, it is hard to beat an early morn- ball club in German football history). ing jog in the English Garden (although Engineering giant Siemens is head- a brisk walk or leisurely bike ride quartered here, Julien notes, and so is might arguably be just as nice). He also BMW. Other major industrial employ- recommends barbequing with family ers include MAN (producing heavy or friends on the beaches and islands lorries and buses), Krauss-Maffei along the Isar River on the southern (plastics manufacturing equipment), outskirts of the city. Linde (industrial gases), Knorr- One of Julien’s favourite places off Bremse (braking systems), and Osram the beaten tourist path is the Elisa- (lighting products and technologies). bethmarkt in Munich’s Schwabing Munich is also known for financial district. Named after the Bavarian services (Allianz, Munich Re, Uni- princess affectionately known by Credit), media (Pro-7 and Sat 1), and Austrians as “Sisi” and who became IT (German headquarters of Micro- Austrian Empress when she mar- soft) companies. ried Emperor Franz Josef I, this An enjoyable and memorable visit Olympia park market is a smaller, calmer version BMW Museum to Munich, as to any other fascinating of the inner city’s Viktualienmarkt. issue 16 — 2019 — volume xii. Excursion pages 10/11
Quo vadis VGP Foundation species, which otherwise do not re- ceive much attention. The protection of European cultural assets will also become a priority. The reference to Europe results from my Interview with Jan Van Geet, CEO of VGP personal fascination with European history and from my daily work on and founder of the Foundation various projects spread across Europe. We would like to invest in the common European heritage. Here we are cur- The VGP Foundation was founded in It should be the aim of the Foundation rently in discovery phase and are still 2019 following the initiative of the to be able to act in complete freedom considering which projects we would VGP Group. It is the Founders’ aim to and independently of VGP’s opera- like to support. We could imagine, for use the proceeds of the Foundation’s tive business and to be involved in example, building a small museum or assets to fund projects that support projects which it considers important. supporting the restoration of interest- children and young people, preserve We want to set priorities and define ing buildings. Cost-cutting measures and create biospheres for endangered concrete project work that will enable in European cities and municipali- species, and protect European cul- us to give something back to society. ties often affect cultural institutions. tural assets. Employees will also get the opportu- As citizens, we feel a responsibility nity to suggest projects that should towards society and should not leave Q Mr Van Geet, when you announced your company’s be supported. Therefore, the Board of the Foundation will not only be made it to the state or local authorities alone to sustain culture. Cultural heritage annual results for 2018, you up of members of the VGP-family but is not only buildings, but also music announced the creation of your also of external experts. This is to en- societies, art galleries, etc.. own foundation. What prompted sure a strict separation between VGP’s you to take this step? As a European developer, operator commercial activities and those of the Foundation. Q How does the Foundation finance itself? and owner of high-quality logistics The Foundation will focus on Every year about 1-2% of the annual and commercial real estate, VGP is in three main areas: We want to support profit of VGPs should flow into the constant competition. Our custom- children and young people whose Foundation. The starting capital will ers and shareholders are entitled to education could otherwise not be guar- be drawn from the annual result for always expect our company to oper- anteed. This is very important to us. 2019. So, it’s a mixture between me, ate effectively and cost-consciously. Another topic will be the preser- people from VGP and external people. Transport We are happy to meet this challenge vation and creation of biospheres We will do this without compensation. daily. As a European company, we also for endangered species. VGP builds logistic fair feel the responsibility to give some- thing back to society, regardless of a lot on the outskirts of cities or in industrial areas, and the protection of Q What funding opportunities will the Foundation have? in Munich the contribution we already make as nature is very important to us. For this How large will the Foundation’s a company in the context of our daily reason, we would like to support the assets be? activities. creation of nature conservation zones Last year, VGP’s profit was 120 million At the beginning of June 2019, VGP beyond that which VGP already does euros. That would be a starting capital participated in “transport logistic Q As VGP, you could also directly promote social or within the framework of the activities required by law and support various of approximately 2.4 million euros (at 2%). We would like to put a similar 2019”, the leading international fair for logistics, mobility, IT and supply chain cultural matters – why a founda- animals and plants to be protected amount into the Foundation every management in Germany. The fair has tion, and where will its focus lie? throughout Europe. Especially smaller year. Nevertheless, this is of course been taking place in Munich since only possible if the company is doing 1978. VGP welcomed both current and well economically. potential clients to its 72 m² stand. VGP’s first participation at the fair had Q What does the management structure of the Foundation been in 2015. Visitors to VGP’s booth were able to meet the country manag- look like? ers and commercial officers from all The Board will be independent of countries within which VGP operates. VGP and will also consist of external experts who will contribute their subject expertise to the Board. The fair in numbers Q When will the Foundation start its work? When can — 2,374 exhibitors from 63 countries and regions you tell us more? — Around 64,000 visitors The legal entity will be established — More than 125,000 m² of within the next few months. If the an- exhibition space across nual budget is confirmed, the Founda- 10 halls and the surrounding tion will start its work at the beginning outdoor exhibition area of 2020. One to three projects will al- — High-quality conference ready be selected this year so that they programme with some can be implemented quickly next year. 200 experts issue 16 — 2019 — volume xii. Quo vadis / Event pages 12/13
Our team Mario Jerkic Project Manager in Germany Mario graduated as an engineer and studied People in the architecture at Dortmund University of Applied Sciences, where he wrote his diploma thesis in co- operation with HOCHTIEF ViCon on “Optimisation of testing processes”. He used the time during his studies to gain initial insights and practical experience in VGP team various areas of the construction industry. For example, he worked as a student trainee at the renowned companies Zarinfar Baumanagement and Gerber Architekten. After graduating in 2011, he acquired professional experience in the areas of construction and project management with a focus on retail and industrial construction, among others, at Goldbeck VGP is making significant additions to its international and C&A. Since October 2018, Mario has been project team, thereby positioning the company even better to manager at VGP in Düsseldorf, responsible for the Decathlon project and due diligence in the property uphold its promise of quality and to generate growth. acquisition team. He is a fan of football, enjoys visiting Here are some of VGP’s new team members. restaurants with his family and friends, and trying his hand at cooking. Stefan Radeanu Sarah Klein Commercial Officer Project Manager in Germany Stefan was appointed to the position of Sarah has been working as a project manager at VGP Commercial Officer in Romania, where he is Germany since 1 November 2018. She holds a Master currently responsible for projects in Timisoara, of Science degree in Civil Engineering from Münster Brasov and Sibiu. He has more than 10 years of University of Applied Sciences and London South experience in the real estate sector, specialising Bank University. During her Bachelor’s degree studies, in budgeting, forecasting, retail development, Sarah completed an apprenticeship as a concrete and commercial management, and strategic reinforced concrete engineer at the Max Bögl Group. negotiations. Stefan likes reading books, There, she gained practical experience on various listening to music, and doing various kinds of construction projects. Her first construction project sports. as project manager at VGP is the construction of a logistics hall at VGP Park Berlin of around 20,000 m². Her main task is to achieve a high degree of customer satisfaction and maximum economic success for VGP in the development of the projects. Sarah is delighted to be part of the young VGP project management team and to actively support it. José Ferreira Alberto Carampin Country Manager for Portugal Project Manager in Italy José is Country Manager for Portugal. A graduate in Alberto joined VGP in November 2018 and says he civil engineering, he also earned a postgraduate degree already feels like a part of the VGP family. He works in engineering, as well as an MBA and PMP. José has at VGP as project manager for Italian projects and is more than 15 years of solid experience in construction very keen on helping VGP expand in Italy and build up management throughout Portugal and in various types a solid Italian subsidiary. Before joining VGP, Alberto of construction, including reinforcement solutions, worked as a project manager for AECOM, a Fortune rehabilitation, retail real estate, offices, hotels, and 500 American technical services provider employing amphitheatres. José started his professional career while 85,000 people around the word. He worked there on developing a construction company with the shareholders project management for several blue chip companies, from the early beginning and had responsibility for including Amazon, Microsoft, Porsche Engineering, managing day-to-day operations. That brought him deep Kuwait Petroleum, US Department of Defense, ENI knowledge in all aspects of managing a construction group, Pfizer, Autostrade per l’Italia, Aeroporti di Roma, company. José lives in Porto (“the most beautiful city,” in his Cassa Depositi e Prestiti, and ArvinMeritor. Alberto is words) with his wife and their daughter. He has a passion father of a daughter 8 months old. for such radical sports as kitesurfing and snowboarding, combat sports, and riding his brat motorcycle. José also likes looking at old classic cars. issue 16 — 2019 — volume xii. Our team pages 14/15
Karen Huybrechts Tomas Bednar Head of Marketing Country manager in Slovakia Karen earned a Master’s Degree in Applied Economics A graduate in international business from State with specialisation in Marketing at the University of University of New York, Tomas Bednar has professional Antwerp. She has more than 20 years of experience in experience from positions managing investment brand & marketing management, mainly in the fast- projects within Slovak private equity firms. For the moving consumer goods segment. Karen has worked past 10 years, he has worked on projects in real estate as brand manager and marketing manager in the development with responsibility for financing and tobacco industry, confectionery (Haribo), ice cream project management. Tomas spends his free time with (IJsboerke and Mio), and in the packaging industry his family and friends, especially his little daughter. He (Vitra nv). Karen joined VGP in March 2019 and works also enjoys sports, most recently mainly ice hockey. Born at the head office in Antwerp . She will be responsible in the eastern Slovak city of Košice, since completing his for long-term marketing strategy in support of the studies in Prague he has relocated to Slovakia’s capital, company’s objectives and for continuing the process Bratislava. of building corporate visibility (off- and online) in all VGP countries. Karen has a passion for Italy and its rich cultural heritage, beautiful landscape, and delicious food and wine. Christian Bauer Eliška Voříšková Country Manager for Austria Assistant to the Chief Executive Officer Christian has been working for VGP as Country Manager for As assistant to CEO Jan Van Geet, Eliška Voříšková Austria since 1 January 2019. Prior to VGP, Christian worked serves as a contact point for the whole company. That for a logistics real estate developer in the field of business she has command of four languages (at the moment) development. During this time, he built up a broad network and is always ready to help others make her ideal for that will be very helpful for his new job at VGP, because that role. Before joining VGP, Eliška worked for several building long-term partnerships will be key to successfully dynamic global companies, where she sharpened her establishing VGP on the Austrian market. After getting a focus on efficiency, a mind oriented to problem-solving, technical education in mechanical engineering, Christian and a well-tempered disposition. She loves trains, completed business studies as a part-time student. Scottish nature and Japanese culture, and dreams of Since that time, he has worked primarily for international renovating her own Volkswagen T1 and traveling with it companies. Among others, he worked for a company active through the European countryside. on the Romanian market, where Christian was responsible also for logistics. This work brought him great intercultural experiences, which he believes will have a very positive effect on his future life. In his free time, Christian enjoys sports such as mountain biking oder running. Jana Heckmann Bogdan Teodorescu Team Assistance Acquisition Technical Manager Jana Heckmann has been with VGP Germany since A graduate from the Technical University of Civil 1 October 2018 and supports the property and sales Engineering in Bucharest and École des Ponts team around Wilm Schwarzpaul and Darius Scheible. ParisTech, Bogdan has worked in recent years in Jana originally comes from Münster, where she trained as the construction industry and development. At a bank clerk and then studied part-time. After 7 years of VGP Romania, Bogdan is working as technical advising clients at Deutsche Bank, she decided to travel the manager for all Romanian projects. In that role, he world and spent several months in Australia, New Zealand can utilise his strong technical background. He and Thailand. After her return, she worked for a large loves to play chess, and his hobbies also include German fashion company as an assistant to the company karate, sky jumping, and touch rugby. management. At VGP, she supports the acquisition of real estate, from the search and inspection of new properties through sales contract negotiations and to their conclusion. She is very excited about her lateral entry into this new industry, to be part of VGP Germany’s growing team, and to provide a foundation for new projects. In her spare time, Jana enjoys jogging along the Rhine, playing tennis, and travelling. issue 16 — 2019 — volume xii. Rubrika pages 16/17
With its largest relocation in the com- Brand story Photo © VGP Photo © KraussMaffei pany’s 180-year history, the Krauss- Maffei Group is moving to the ‘smart factory’ industrial park developed by VGP in Parsdorf at the outskirts of Mu- Technology nich in order to continue its growth story and simultaneously demon- strate loyalty to its founding location in Munich. For decades, the KraussMaffei Group has been one of the leading pioneers are manufacturers of plastics process- ing machinery, and its employees see themselves as technology pioneers. Wherever plastics are formed into products, KraussMaffei machines and heading into systems are used – for example in au- tomotive interiors, medical products, and the construction industry. The range of products and ser- vices covers the entire spectrum locomotive to becoming the leading of injection moulding, extrusion, manufacturer of digital plastics ma- the future and reaction technology, giving the KraussMaffei Group a unique selling proposition within the industry. As of 2022, the biggest relocation in the company’s history to a new location in KraussMaffei’s extraordinary his- chinery. What began with the merger of the two companies to form Krauss & Comp-J.A. Maffei AG developed over the decades into a leading technology company in mechanical engineering Largest relocation Parsdorf (on the outskirts of Munich) tory reaches back to the beginnings thanks to the achievement of numer- developed by VGP according to the of German industry. Surely the two ous technical milestones and expan- smart factory concept will contribute steam and electric locomotive manu- sion of a diverse portfolio across the in a company’s to writing the next chapter in the com- pany’s rich tradition and history. The relocation will be one of the largest facturers Joseph Anton von Maffei and Georg von Krauss could scarcely have imagined at their companies’ fields of transportation engineering, defence technology, process engineer- ing, plastics technology and reaction 180-year history projects of its kind in the Munich area in the past 30 years, and it is sched- uled for completion in 2027. merger in 1931 that the KraussMaffei pioneering spirit would continue in force from the beginnings of the steam technology. Today, KraussMaffei is one of the world’s leading manufacturers of machines for processing plastics and rubber. With international locations Photo © KraussMaffei and subsidiaries in the USA, Slovakia, Brazil and China (just this year in March, the cornerstone was laid for a new plant in Jianxing), KraussMaffei is a global market leader with the aim of providing its customers with high- quality, efficient machines, systems, and process solutions that meet their needs, as well as offering a compre- hensive range of services adding sig- nificant value along the entire value chain. In this respect, the know-how covers every aspect from product idea to customer-specific system solution. KraussMaffei is the only company on the market with expertise in three ma- jor technologies for plastics process- ing machines: injection moulding, extrusion, and reaction machines. KraussMaffei is proud of its rich tradition and history. For the years ahead, the company has set itself the strategic goal of continuing its pioneering spirit and, as a high-tech pioneer with unique, comprehensive technological know-how, advancing the digital future of the plastics and rubber industry. The development of innovative solutions, new offerings, and digital services will be supported by relocation to the new location at Joseph Anton von Maffei Parsdorf developed by VGP according to the smart factory concept. VGP developed this park at Parsdorf Brand story pages 18/19
Interview “In my opinion the VGP’s land bank is really an important asset and it definitely offers a competitive advantage given the increased attention of local authorities to open Ladies’ turn: space, climate, and related sustainability.” Ann Gaeremynck VGP shareholders elect new board members added, “I am convinced that the land bank is really an important asset and in my opinion definitely offers a com- Saxony-Anhalt, served as CEO of the petitive advantage given the increased Interview with newly elected VGP Berlin Waste Management and City attention of local authorities to open shareholders board members Cleaning Company, and later as CEO space, climate, and related sustain- of a large regional German energy pro- ability. I’m also convinced that the Katherina Reiche, Vera Gäde-Butzlaff vider. Presently, she chairs the super- sound financial strategy – in particular and Ann Gaeremynck visory board of Vivantes, a municipal the joint venture with Allianz – will company running hospitals in Berlin. help VGP to realise the goals it has set out for itself. Overall, I am convinced Diversity is important in business, as it CEO Jan Van Geet recently affirmed The new board members were that VGP will definitely strengthen its is also in other aspects of life and soci- that he is “extremely pleased that our asked what they envision for VGP position as a key pan-European player ety, and diversity certainly is valued at board nominated Ann, Katherina, and in future and where they see its in the logistic retail estates market VGP. It is very positive, therefore, that Vera to join the board. They have all opportunities. segment. I expect that VGP will further three outstanding professional women three enjoyed exceptional professional “VGP will continue to grow,” Reiche expand geographically within Europe have just been elected to VGP’s board as careers: Katherina and Vera have predicted, “because the logistics in its key (Germany) as well as in new Ann Gaeremynck independent directors. The new direc- invaluable experience in co-operating sector is growing, because online well defined markets.” Overall, I am tors are Katherina Reiche, Vera Gäde- with German municipalities, state shopping continues to pick up speed, convinced that VGP will definitely Butzlaff, and Ann Gaeremynck. governments, and with clients at the and because the demand for smart strengthen its position as a key pan- Together, they now constitute VGP’s interface of the public and private sec- buildings in top locations is increas- European player in the logistic retail competition for space: residential have to provide justifications for the independent directors. These women tors and Ann in financial reporting, ing… Management at VGP has dem- estates market segment. I expect that space, commercial space, space for construction and use of commercial bring diversity to VGP’s board also by audit, and governance.” onstrated a good feel for trends. The VGP will further geographical expand public services, space for rest and spaces, although every mayor and city their various professional backgrounds Ann Gaeremynck is currently a company is quite well connected in within Europe in its key (Germany) as recreation – everything is getting councilperson knows you can’t run a and personal perspectives. professor of accounting and audit at many European countries. Growth is well as in new well defined markets.” scarce… It’s come to a point where we government without a solid business the KU Leuven, Faculty of Econom- rapid, but without overheating. The Gäde-Butzlaff emphasised the base, without strong companies.” VGP Location3 asked what it is ics and Business Administration. She trend toward the fully connected shop strategic importance of technology and Gäde-Butzlaff emphasised that the about VGP that motivated each of them to accept a board seat: holds the Deloitte Chair on Govern- ance. Her fellow board members have floor is obvious. Industry 4.0 needs Premises 4.0.” forward thinking. “VGP has the oppor- tunity,” she said, “to offer its customers “In my opinion, relationships between logistics real estate developers and local authori- “VGP is an incredibly exciting com- chosen Gaeremynck to chair VGP’s Gaeremynck anticipates that VGP future-proof solutions with innovative VGP has all ties must be intensified and that com- pany with an impressive history of audit committee. will continue to build its portfolio of and sustainable concepts, and digitisa- munication should begin at a very growth,” remarked Katherina Reiche, Katherina Reiche is CEO of the logistics retail estate in its current tion naturally plays a key role in this.” the necessary early stage. “Ultimately,” she said, who is German. “It’s a family-run Association of Municipal Enterprises markets as well as new regions while “the developers and municipalities company with a clear European focus. in Germany, as well as President of focusing on market segments with In view of their specific experience requirements to be must see themselves as partners in Those are just three good reasons – the European Confederation of Public potential to generate earnings and long and expertise, VGP Location3 asked answering the question of how devel- among many others – for supporting Employers and Enterprises. She for- term value. “To realise those goals,” she Gäde-Butzlaff and Reiche for their successful in the opment and traffic can be resolved VGP in my new function.” “I am impressed by VGPs develop- merly served in Germany’s Bundestag. Vera Gäde-Butzlaff previously views on whether today’s ever- growing cities have a sufficiently long term.” with a view to the requirements of the ever-expanding cities.” ment to date and convinced by its was an Assistant Secretary of State at holistic view on creating industrial Vera Gäde-Butzlaff Developers and municipal authori- business model,” noted Vera Gäde- the Ministry for Regional Planning, developments and logistics systems ties are not the only stakeholders, of Butzlaff, also German. “In my opinion, Agriculture and the Environment of and how they expect co-operation course. “We often encounter conflict- it has all the necessary requirements between local communities and ing interests in cities, and these have to be successful in the long term. An logistics real estate developers will to be balanced through democratic important success factor is that the develop in future. processes,” Reiche pointed out. “That industrial parks are both built and “VGP is an Unfortunately, Gäde-Butzlaff related, often takes a long time – far too long operated by VGP, and always with an emphasis on high technological and incredibly exciting cities typically do not take such a holistic view. “Far too often,” she said, for a company that wants to grow like VGP. But the reconciliation of inter- environmental quality.” company with “individual projects are still approved ests is essential to democracy. A city “First, it is an entrepreneurial, without reference to the different needs a healthy business structure listed firm with a clear mission, vi- an impressive needs of the cities.” to provide services to its citizens. sion, and strategy,” pointed out Ann Holistic planning is complicated, Companies need quick decisions and Gaeremynck, who is Belgian. “The history of growth. of course, because of all the conflict- a government that supports them. firm performs very well, has com- ing interests and forces in play. As And cities need to strike a balance mitted shareholders, and is very well It’s a family-run Reiche pointed out, “We have to take between economic, social, and eco- run by a highly experienced CEO and qualified management team. Moreo- company with several different megatrends into account: urbanisation, digitalisation, logical targets. VGP has decided to take responsibility within the triangle ver, the functional complementarity within the board and the fact that an a clear European individualisation, climate change, and the pursuit of sustainable de- of sustainability. I think that’s the right choice, and an important one. appropriate set of expectations were focus.” Katherina Reiche velopment.” She notes, for example, Vera Gäde-Butzlaff VGP shows that it is looking at the big put forward for my role were definitely that in major cities and metropolitan picture that includes a social market important in my decision.” Katherina Reiche areas “urbanisation is increasing the economy and a democratic society.” issue 16 — 2019 — volume xii. Interview pages 20/21
© Bayerische Schlösserverwaltung www.schloesser.bayern.de / Photo: Anton Brandl, Munich No other monarch in Bavaria realised Photo © Shutterstock.com Dreams his dreams so consistently in building projects as did Ludwig II, the art and music enthusiast monarch (1845–1886), who was also a great admirer of nature. What forms “And when we are both long gone,” he wrote to composer Richard Wagner in 1865, “our work will still serve as a shin- ing example for posterity…” Neuschwanstein Castle, located close to the ancestral seat of the the myth Dukes of Schwangau near Füssen in the Allgäu region, is part of the myth that inseparably belongs to Ludwig II and Bavaria. His escape from the real- ity of daily government into the poetic dream world of the Middle Ages led to of Bavaria construction of this imposing build- ing, which almost ruined the state of Bavaria. The medieval facade is merely an illusion, however, because modern technologies and comforts are Neuschwanstein castle dream castles within hidden inside the castle. Even the construction of the castle, which was begun in 1869 but never an alpine scenery completed, was incredibly advanced © Bayerische Schlösserverwaltung www.schloesser.bayern.de for its day. The cranes were powered throughout Bavaria, making it one of by steam engines and the throne room the largest owners of national muse- was built as a sheathed steel struc- ums in Germany. Its mission is to pre- ture. Inside, a hot-air central heating serve and revive the historic buildings There are people who still believe that the entire system was installed, and running and structures and to make the charm State of Bavaria consists of mountains, forests, water was available on all floors. Food of these cultural monuments tangible. could be transported by an elevator, The Palace Department has around lakes and fairy-tale castles. Where does this and Ludwig II called his servants and 850 employees, ranging from special- idyllic image come from? It has a lot to do adjutants via a modern, electric call ists for the restoration of interiors to system. Today, its three royal castles art historians for the professional su- with King Ludwig II and the mission of the Neuschwanstein, Linderhof and Her- pervision of museums, from building “Bavarian Castles and Lakes Administration”. renchiemsee are world famous tourist specialists who supervise the recon- attractions. In 1918, following the struction, restoration and extension of end of the monarchy in Bavaria and buildings in compliance with the pres- Germany, just over 100 years ago, they ervation of historical monuments to a became part of the “Bavarian Admin- garden department that is responsible istration of State Castles, Gardens and not only for care and maintenance Lakes” and have been visited by more of the gardens but also for historical than 50 million people since Lud- research about them. wig II’s death. Its President, Bernd Schreiber, has The Administration owns 45 pal- held this office since October 2011. His aces, castles and residences as well President Bernd Schreiber task lies between the preservation of as other architectural monuments tradition and its contemporary media- tion. “We must not be in love with Photo © Shutterstock.com the past or remain in the present. We must focus on the future. The admin- istration is the guarantor for this. The most important forces here are the employees, who preserve the neces- sary knowledge and skills. During the restoration of the Königsbau (in Stutt- gart), we rediscovered 19th-century craftsmanship techniques that had almost been forgotten.” The task of the Castle Administra- tion remains not only to preserve buildings, but also to convey them to future generations in a professional and contemporary manner. In order to awaken the visitors’ enthusiasm and dreams in the future, Ludwig II wrote, “I want to remain an eternal mys- tery to myself and to others.” In 2018 Neuschwanstein castle alone, more than 1.5 million guests en- deavoured to fathom his dreams. View from Neuschwanstein castle Dreams pages 22/23
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