Heidelberg plans site & structural optimization measures at Wiesloch/Walldorf site

29 December 2020: Heidelberger Druckmaschinen AG (Heidelberg) has reached a further milestone as part of its planned site and structural optimization measures. The sale of an area of around 130,000 square meters to the VGP Group will create a new, modern industrial and commercial park at the Wiesloch/Walldorf site.

“By using space more efficiently, we will save considerable costs at Heidelberg in the future. In addition, we will use the funds this frees up to strengthen our liquidity in times of the Covid-19 pandemic and to press ahead with strategic investments for the future on the path of our digital transformation,” said Rainer Hundsdörfer, CEO of Heidelberger Druckmaschinen AG.

The Wiesloch/Walldorf site covers a total area of around 840,000 square meters. Of this, around 270,000 square meters are to be newly marketed in the course of the planned site and structure optimization. The partnership with VGP is the first step in this project. At present, almost 5,000 employees work at the site.

VGP is a family-run European developer, operator and owner of high-quality logistics and commercial properties. The VGP Group currently operates 31 parks in Germany. In Europe, the family-owned company based in Antwerp, Belgium, now operates 76 parks in twelve countries.