Building on its continued growth in Romania, WDP is reinforcing its capital in the Romanian entity, being a 51/49 joint venture partnership with Jeroen Biermans up until now. After the capital increase the ownership ratio of the shareholders will evolve towards an 80/20 ratio. This should facilitate the further portfolio growth towards 500 million euros.
WarehouseDePauw (WDP), controlled by one of the richest Belgian families, buys 3 new plots of land in Ilfov County with more than 8 million euros, from the producer of Ro Star biscuits, according to Profit.ro.
Wdp Development will build a production and storage facility of about 4,000 square meters and an office building of approximately 240 square meters in Oradea Industrial Park II, situated on Ogorului Street, following direct negotiation by the Oradea Local Development Agency (ADLO).
One of the largest international logistics operators, CEVA Logistics, has recently signed a lease agreement for a warehouse space of 50,000 square metres with WDP Development Ro, local branch of WDP industrial and logisitcs developer.
The results of the real estate acquisitions flow of the Greek businessman Ioannis Papalekas in Romania started to show. The operational revenue of Globalworth, its real estate vehicle (the businessman owns 36.1 pct of it), went up to EUR 33.8 million in the end of September, growing with 68 pct. compared to the same period of last year.
Warehouse & Distribution De Pauw (WDP), controlled by one of the richest families in Belgium, bought a warehouse and office facility of 10,000 sq. m situated in Clinceni in western Bucharest, for EUR 5 million. The space will be leased to Quehenberger Logistics.
GS Capital has recently brokered the lease transaction of the new distribution centre of the courier services provider DPD Group within the industrial park WDP Park Sibiu.
Belgian real estate developer Warehouses DePauw (WDP) will be investing EUR 4 million in the development of a logistics project near Ploiesti with a surface of nearly, 7,000 sqm for Spanish producer of hydraulic components Grupo Industrial Roquet.
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