German group Metro Cash & Carry has consolidated its distribution activities in a single project with an area of over 58,000 square meters, to be developed by the Belgian company WdP in Ştefăneşti, north of Bucharest.
Belgian industrial and logistics developer WdP, one of the largest players in the Romanian market, buys the CTPark Cluj I logistics park from CTP Group, the largest developer and manager of Class A logistic and industrial spaces Romania.
Dunwell, the first and only brokerage agency in Romania, specializing exclusively in the real estate market, has completed a 20,000-square-meter transaction between Ursus Breweries, one of the leaders of the beer producers market in Romania and WDP, among the most important developers of parks logistics and semi-industrial activities in Romania.
WDP kicked off its Investor Day in Romania by announcing an additional investment volume of around 75 million euros, amounting to some 130,000 m² in property, both through new development projects and through acquisitions for existing and new clients. On completion, this new investment package will bring the total property portfolio to around 450 million euros, with projected portfolio investment growth approaching 500 million euros (or 15% of the total WDP property portfolio) by late 2019.
WDP has signed a contract with the Rustler, a facility management service provider, for its Decathlon logistics center and Dunca logistics center in Timisoara.
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).
We use cookies to optimise site functionality and give you the best possible experience.
This site uses cookies to store information on your computer.
Some of these cookies are essential, while others help us to improve your experience by providing insights into how the site is being used.
Accept Recommended Settings
Necessary Cookies
Necessary cookies enable core functionality such as page navigation and access to secure areas. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.
Analytics
Analytical cookies help us to improve our website by collecting and reporting information on its usage.
Marketing
We use marketing cookies to help us improve the relevancy of advertising campaigns you receive.
Social Sharing Cookies
We use some social sharing plugins, to allow you to share certain pages of our website on social media.
