VGP NV

Capital/Financing Update • Sep 9, 2016

Press Release Regulated Information

Brussels, 9 September 2016 – 18h00 CET

VGP NV raises € 225 million with bond issue after the first day

VGP announces that the public offer in Belgium for a retail bond has been closed, in consultation with the Lead Manager, KBC Bank NV, after the first day of the subscription period because the maximum amount of € 225 million was largely achieved.

The Lead Manager received a total amount of subscriptions that is more than two and a half times higher than the maximum issue amount expected of € 225 million. For this reason, subscriptions will be reduced accordingly. The investors will receive more information in this regard via their financial intermediary.

The 3.90% bonds, with a maturity date in 2023, will be issued on 21 September 2016 and will be admitted to trading on the regulated market of Euronext Brussels.

More information on this public offer is set forth in the prospectus dated 6 September 2016 approved by the Financial Services and Markets Authority ("FSMA") and available at www.vgpparks.eu and www.kbc.be/vgp.

For more information

Mr Jan Van Geet Mr Dirk Stoop CEO CFO Tel. + 420 602 404 790 Tel.+ 32 52 45 43 86

E-mail: jan.van.geet@vgpparks.eu E-mail: dirk.stoop@vgpparks.eu

Profile

The VGP Group (www.vgpparks.eu) constructs and develops high-end semi-industrial real estate and ancillary offices for its own account and for the account of its VGP European Logistics joint venture, which are subsequently rented out to reputable clients on long term lease contracts. VGP has an in-house team which manages all activities of the fully integrated business model: from identification and acquisition of land, to the conceptualisation and design of the project, the supervision of the construction works, contracts with potential tenants and the facility management.

VGP is quoted on Euronext Brussels and the Main Market of the Prague Stock Exchange.