Property portfolio of Belgian WDP in Romania increases

In Romania, WDP is announcing three projects for new clients via its joint venture WDP Development RO. A distribution centre for Decathlon will be constructed on a newly acquired plot to the north of Bucharest. The project consists of a warehouse with a surface area of around 22,000m² with a mezzanine of an additional 6,000m² plus another 10,000m² for further expansion. Also, an agreement has been signed for the development of two new construction projects on a new plot in Cluj-Napoca for logistics service providers KLG and Gebrüder-Weiss, of 5,000m² and 2,400m² respectively (with additional expansion in the future). After completion, the property portfolio of WDP in Romania will be expanded to a total of 15 buildings, in total around 150,000m². The total assets, including land and solar panel parks, thus achieve a value of more than 150 million euros.