Belgian logistics firm VGP enters the Hellenic market
VGP, a pan-European provider of high-quality logistics and semi-industrial real estate, enters the Greek market with the opening of an office in Athens and appoints Stratos Iliou as Country Manager for VGP Greece.
VGP is owned by Belgian billionaire Jan Van Geet and was initially operated as a construction company, has been listed on the stock exchange since 2007 and currently operates in 13 European countries.
2016 is considered to be a milestone year for the company when was signed a strategic agreement with Allianze Real Estate for the creation of the first syndicated scheme (50% -50%) in order to invest in warehouses which would be developed by VGP.
The head of the company in Greece will be Mr. Stratos Iliou.
Stratos who started with VGP on 1 January will be responsible for the expansion of the Group’s portfolio in the Hellenic market. In the coming period the focus will be on identifying suitable development locations.
Stratos Iliou comments: “I am excited to take up the position of Country Manager at VGP as it is a new challenge for me. VGP is on a high growth trajectory, and I am thrilled to contribute to the further European development of the company. I am particularly impressed by the family culture of the company and its flexible and highly effective organization. The quality of VGP's real estate construction will set new standards in the Greek market and will offer upgraded services to our clients.”
Jan Van Geet, CEO of VGP, said: “We are very happy to be able to offer our services to clients in the Greek market. We warmly welcome Stratos and are very confident that he will be a great asset for the expansion of our Hellenic activities and for the entire VGP Group.”
Stratos has a broad experience in real estate development and management. Before joining VGP, he has worked several years as Head of Property Management for Lidl Hellas in the Thessaloniki and Attica region where he was responsible for the development of the branch network, the construction of new stores and the management of the existing network. Completing successfully more than 120 construction and acquisition projects. He holds a master’s degree in Economic Sciences from the University of National and International Economy of Sofia and a Master of Business Administration from the Leeds University Business School.