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Saga Joint Venture

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Saga Joint Venture
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The Saga Joint Venture is a 50/50 joint venture between Areim and VGP, a leading developer of high-quality logistics and semi-industrial real estate in Europe with a proven track record of developing assets since 1998.

Main target countries are Germany and France, with complementary countries being the Czech Republic, Slovakia and Hungary.

In April 2024 the Saga Joint Venture acquired the seed portfolio, which consists of 17 assets in ten different logistics parks across Germany, the Czech Republic and Slovakia. The total area amounts to 450,000 square meters of gross lettable area and all parks are 100% let.

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