16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP

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16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
KraussMaffei CEO
 Dr. Frank Stieler:
    Chance of a century
            in Parsdorf

   16 / 2019
16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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
16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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
16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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
16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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.
16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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
16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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
16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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
16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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
16 / 2019 KraussMaffei CEO Dr. Frank Stieler: Chance of a century in Parsdorf - VGP
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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