Stellantis sells 50% of Opel headquarters in Rüsselsheim, Germany.

[AlexB]

"The Belgian real estate developer VGP has bought more than half of the 100-year-old production site of Adam Opel AG in Rüsselsheim. VGP wants to transform the site near the Frankfurt Airport into a huge business park.

VGP buys three parcels of terrain totaling 700 000 square meters or 70 hectares from Stellantis, the mother company of Opel. The car manufacturer will still rent the current site for two or three years from VGP. After that, the parcels will gradually be available for redevelopment.

As a first move, VGP plans a new business park of 350 000 m2 for larger and smaller companies. The financial data of the arrangement were not disclosed"

Stellantis sells half of Opel's Rüsselsheim site to Belgian VGP

The Belgian real estate developer VGP has bought more than half of the 100-year-old production site of Adam Opel AG in Rüsselsheim. VGP wants to transform the site near the Frankfurt Airport into a huge business park. VGP buys three parcels of terrain totaling 700 000 square meters or 70...

newmobility.news