VGP European Logistics 2 has invested €175m in three business parks. : Allianz Real Estate and VGP’s new logistics investment partnership has completed €175m worth of deals. Antwerp-based pan-European industrial parks developer VGP said it sold three business parks to the VGP European Logistics 2 joint venture. The assets include three logistic buildings in Spain, one in Austria and four buildings in Romania. Last month, Allianz and VGP expanded their strategic partnership with a new €1.7bn joint venture.